K2 Insurance Services Expands Offerings for Small Commercial Market with Acquisition of Oculus Underwriters

SAN DIEGO--(BUSINESS WIRE)--K2 Insurance Services announces today the acquisition of Oculus Underwriters. Following the acquisition, Oculus Underwriters will operate under Vikco Insurance Services, a premier brand within the K2 portfolio.

Oculus Underwriters specializes in providing bespoke property insurance solutions specifically designed for the small to medium-sized commercial market. The transaction brings Oculus’ successful book of business and unique underwriting capabilities to Vikco, further strengthening its market presence.

“We are thrilled to welcome Bryan and the Oculus team to K2,” said Bob Kimmel, CEO of K2 Insurance Services. “This acquisition perfectly aligns with our goal of expanding our capabilities and partnering with premier underwriting talent. Oculus brings a highly complementary book of business that will enhance Vikco’s offerings for the small to medium-sized commercial market. We look forward to supporting the team's continued success.”

Bryan Schofield, CEO of Oculus Underwriters, said: “We are incredibly proud of the successful business we have built at Oculus. K2 and Vikco provide the perfect home for us to take our business forward. Their extensive distribution network, trusted carrier partnerships and commitment to underwriting excellence will give us the platform needed to accelerate our growth and continue delivering top-tier solutions to our clients.”

About K2 Insurance Services:

K2 Insurance Services is an insurance services holding company that owns and controls a diverse set of MGAs, marketing, underwriting and servicing nearly $2 billion annually in niche commercial and personal insurance premiums. Our mission is to protect what matters most to our partners and clients through personalized and specialty insurance products by distributing innovative programs and products through trusted direct, retail and wholesale channels. Formed and led by successful insurance industry veterans and backed by Warburg Pincus, K2 is leading the way with specialty insurance programs.

About Oculus Underwriters:

Oculus Underwriters is a specialized underwriting management program focused on delivering tailored insurance solutions for the small commercial market. Its core offerings include Business Owner's Policy (BOP) and Commercial Property insurance, designed to meet the unique needs of small businesses.