NR West Acquires Texas’ Foster Benefit Resources

August 2, 2023

NR West, the parent company of The Insurance Exchange, a premier Dallas-based General Agency, announced that it has completed its acquisition of Foster Benefit Resources, a full-service General Agency specializing in fully insured and self-funded employee benefits in the North Texas area.

Foster Benefits has a history of providing superior service to its clients through its dedicated team, a majority of whom have a tenure of 10+ years. Moving forward, brokers can continue to expect the same industry-leading service and expertise, along with expanded resources and employer-benefit solutions.

“Foster Benefits has established itself as a staple General Agency in the North Texas market and is well-known for being deeply ingrained in large regional associations and the community at large,” said John Walker, President at The Insurance Exchange. “Our partnership is a testament to Foster Benefits’ reputation, and we look forward to utilizing their 30+ years of experience and long-standing industry relationships to further strengthen our offerings in the region.”

Through this acquisition, The Insurance Exchange will leverage Foster Benefits’ strong presence in the North Texas area to deliver new tools and technologies to the broker and agency market while continuing to provide best-in-class services to their existing clientele.

Topics Mergers & Acquisitions Texas

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