Important Update: A New Chapter for Oyster Brokerage
Oyster's insurance book of business has been acquired by The McGowan Companies—one of the largest and most profitable privately held insurance conglomerates in the U.S.
As one of the leading insurance brokers and intermediaries, McGowan operates more than 50 specialized business units across brokerage, program administration, and reinsurance. With this transition, Oyster policyholders will continue to receive the same high quality service, supported by McGowan’s scale and decades of experience in the insurance and financial services industry.
Oyster policyholders will retain access to the same digital portal they rely on—now enhanced with broader capabilities and a wider range of coverage options through the McGowan network.
Oyster is now fully focused on its AI business, providing cutting-edge AI software to the insurance industry.
We want to sincerely thank you for your support over the years. It’s been a privilege serving you, and we’re confident you’ll be in great hands moving forward.
Best Regards,
The Oyster Team