Merger of Energy Risk Associates and PWIB Texas Creates Towerstone
IMA Financial Group Inc has announced the recent formation of the Tour Stone Inc, an insurance broker wholesale and general administration of the Agency with a wide range of experience in a wide range of sectors, with a know - how in the fields of energy and construction.
Stone Tower is the result of the merger of Energy Risk Associates Inc (ERA), with the recently acquired assets and staff of the RA Stough LLC d / b / a PWIB Texas.
Founded in 1997, ERA is a big insurance brokers specializing in the energy sector. PWIB Texas was a major broker and general administration of the Agency since 2004, specializes in the placement of damage and accident insurance with a strong capacity building. The union produces a force on the market, a broader range of expertise, markets and services.
If more than 30 years of experience in the sector of the business, Robin R. Stough acts as chairman of the Stone Tower. Stough started his professional career in 1977 as underwriters of the American International Group. Prior to joining Stone Tower, Robin was president of the PWIB Texas, and is currently the director of the Texas Surplus Lines Association.
Steven “Pat” Ashcraft, Executive Vice President and Energy Practice Director, is to continue to lead Tower Stone Energy Division. Ashcraft specializes in the placement of insurance for the energy industry since 1980. He has a thorough knowledge of the oil and gas exploration and production company, which has enabled it to a broker ERA leaders of the energy industry.
Ashcraft also has significant knowledge of the mid-stream oil and gas sector, including the natural gas pipeline and power transmission, tubes and equipment compression operations, the processing of natural gas and liquids natural gas. It was a Lloyds of London coverholder also be responsible for risk control and ownership since 1985.
Stone Tower has offices in Dallas and San Antonio, Texas, United States.
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