HRH Acquires Wyoming Agency
NU Online News Service, Jan. 10, 10:03 a.m. EST?Hilb Rogal & Hobbs Company said it has acquired Ed Murray & Sons Inc., a Wyoming-based insurance broker.[@@]
Terms of the transaction were not disclosed, the Richmond, Va.-based broker said.
EMS is a property-casualty insurance brokerage firm with expertise in construction, including surety, medical malpractice, moving and storage, condominium, and retail and distribution business.
Headquartered in Cheyenne, Wyo., with a branch office in Ft. Collins, Colo., EMS is Wyoming's oldest insurance agency, with roots tracing back to 1877.
The two principals, William M. "Bill" Murray II and Garth M. Boreczky, acquired ownership of the firm in 1996. Annual revenues for 2004 were more than $3 million.
Mr. Murray, Mr. Boreczky and their staff will continue serving clients from their offices as part of HRH's Colorado profit center, under the leadership of William F. Creedon, president, and the direction of HRH West Regional Director Michael A. Janes.
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