Palomar Insurance Corp, a Montgomery, Alabama-headquartered insurance brokerage, said it has acquired Martin Grace Benefit Group Inc. in Birmingham.
Martin Grace is an employee benefit and insurance consulting firm.
Tony Craft, CEO of Palomar, said the acquisition is in keeping with his firm’s strategy of strengthening its employee benefit offerings.
Palomar, founded in 1954, has operations in Atlanta, Georgia, Birmingham and Troy, Alabama.
Was this article valuable?
Here are more articles you may enjoy.
Beazley Agrees to Zurich’s Sweetened £8 Billion Takeover Bid 
Allstate Doubles Q4 Net Income While Auto Underwriting Income Triples 
India’s GIFT City Attracts Lloyd’s and Other Global Reinsurers, Sources Say 
Zurich Reveals Beazley Stake After UK Insurer Spurns Bid 
