McGowan Companies Acquires Westcap Insurance Services for Strategic Growth

On December 23, 2025, The McGowan Companies, a leading player in the U.S. insurance industry, announced the acquisition of Westcap Insurance Services. Known for its specialized regulatory compliance and innovative insurance programs, Westcap administers both a General Liability Program for contractors and a General Liability/Products Liability Program for the building materials sector. Effective November 1, 2025, this strategic acquisition enhances McGowan's extensive portfolio and strengthens its position in specialty insurance markets.

Westcap boasts over two decades of expertise in insurance solutions, particularly within the construction and building materials segments. Its programs are noted for specialized underwriting and customer-centric service. The acquisition enables McGowan to leverage Westcap's market presence and expertise, enhancing its risk management offerings through McGowan's network of over 92,000 appointed insurance brokers covering multi-vertical segments.

Integrating Westcap allows McGowan to improve the distribution of existing programs and introduce new offerings. Managing Director Victoria Millard will continue to helm Westcap under The McGowan Companies' umbrella, ensuring a seamless transition for all Westcap personnel. This acquisition supports McGowan's strategic goals for regulatory compliance and international expansion while maintaining Westcap's focus on service excellence.

For further information about the acquisition, please contact Brett Davis, Director of Acquisitions at The McGowan Companies, or Victoria Millard, Managing Director at Westcap Insurance Services.