Dean & Draper Insurance Agency, L.P. has acquired Houston, Texas-based Baty Worldwide effective April 1, 2022.
“This acquisition will increase Dean & Draper’s revenue of commercial, personal, employee benefits, as well as risk management,” said Dean & Draper President & CEO Kyle Dean.
Rick Baty, who started Baty Worldwide in July 2011, passed on Sept. 30, 2021. Baty Worldwide’s staff, in the interim, will remain working out of their Houston location.
Source: Dean & Draper Insurance Agency
Topics Mergers & Acquisitions Texas
Was this article valuable?
Here are more articles you may enjoy.
Viewpoint: How P/C Carriers Can Win the Next Decade With Tech + Talent 
Florida Insurance Costs 14.5% Lower Than Without Reforms, Report Finds 
Viewpoint: Runoff Specialists Have Evolved Into Key Strategic Partners for Insurers 
Munich Re Unit to Cut 1,000 Positions as AI Takes Over Jobs 
