Acordia Acquires Three Brokerage Firms

NU Online News Service, Sept. 9, 11:31 a.m.EDT?Acordia Inc., the Chicago-based unit of Wells Fargo& Company and the world's sixth-largest insurance broker,announced that as part of a continuing acquisition strategy it haspurchased three regional brokerage firms.

The firms acquired in Acordia's latest transactions are:Wisenberg Insurance + Risk Management in Houston; McDermottBrokerage in Omaha, Neb.; and the Bala Cynwyd, Pa.-basedGoodritz-Emanuel Insurance. All three acquisitions closed Sept. 1,Acordia said. Terms of the transactions were not disclosed.

Continue Reading for Free

Register and gain access to:

  • Breaking insurance news and analysis, on-site and via our newsletters and custom alerts
  • Weekly Insurance Speak podcast featuring exclusive interviews with industry leaders
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical converage of the employee benefits and financial advisory markets on our other ALM sites, BenefitsPRO and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.