HRH Acquires Dallas Wholesaler
NU Online News Service, Aug. 5, 11:02 a.m. EDT?Richmond, Va.-based insurance broker Hilb, Rogal and Hamilton Co. announced the acquisition of Maclean, Oddy & Associates Inc., an excess and surplus lines agency with brokerage and underwriting capabilities.
Terms of the transaction were not released.
Maclean, Oddy, headquartered in Dallas with a branch office in Houston, generates revenue of approximately $6.7 million annually.
With 38 full-time employees serving over 220 retail agents and thousands of brokerage and underwriting clients, the agency, established in 1983, primarily serves clients in the southwestern United States, HRH said.
The agency's areas of expertise include the oil and gas insurance sector, property-casualty, reinsurance, and financial services.
HRH said Maclean, Oddy will continue to serve clients from its current locations under Roy B. Oddy, the agency's current chairman and chief executive officer.
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