Armstrong/Robitaille, Neumarket
Anticipating a larger combined volume, shared markets access, added services and growth potential, Armstrong/Robitaille Business and Insurance Services acquired Neumarket Insurance Services.
Neumarket Insurance Services which opened its doors in 1977, writes workers’ comp and other coverages. Armstrong/ Robitaille was established in 1979. It is one of the largest independent insurance brokerage firms and ranks among the top 100 nationwide. Headquarters are located in Orange County, with additional offices in Pasadena, San Francisco and Ann Arbor, Mich. The new L.A. County address is 301 E. Colorado Blvd., Ste. 301, Pasadena, CA 91101. For more information call (626) 440-8330.
InsureZone, Higginbotham
Higginbotham & Associates, a large, established insurance agency based in the Dallas area, agreed to merge with San Francisco-based InsureZone (www.insurezone.com) later this year, pending regulatory approval.
According to J. Russell Reid, Higginbotham’s president and CEO, the combination of the two companies offers customers the best of e-commerce and traditional agency service.
InsureZone, funded by a variety of parties including Buena Venture Associates and Texas financier Sid R. Bass, allows consumers and businesses to comparison-shop and purchase policies online.
Topics Mergers & Acquisitions
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