Old Kent Insurance Group has acquired the Kehoe-Nedrud Agency, a privately owned agency based in Kalamazoo, Mich. Terms of the purchase were not disclosed.
“This acquisition affords Old Kent Insurance Group continued expansion and visibility in its Kalamazoo and southwest Michigan markets and is consistent with our strategic objective to grow this business line.”
Old Kent is the 57th largest U.S. insurance broker based in Grand Rapids, Mich.
Topics Mergers & Acquisitions
Was this article valuable?
Here are more articles you may enjoy.
Chubb Posts Record Q4 and Full Year P/C Underwriting Income, Combined Ratio
Insurance Broker Stocks Sink as AI App Sparks Disruption Fears
Former Ole Miss Standout Player Convicted in $194M Medicare, CHAMPVA Fraud
Allstate CEO Wilson Takes on Affordability Issue During Earnings Call 

