Holman Insurance Services, a full-service brokerage offering personal and commercial insurance products headquartered in New Jersey, has expanded its personal insurance coverage into the Florida market.
Offering a comprehensive lineup of personal insurance products including automotive, home, life and recreational coverage, Holman Insurance Services’ said its launch in the Florida market represents a significant milestone for its sustained growth.
As part of its foray into the Florida market, Holman Insurance Service’s has acquired The Murray Insurance Agency, an independent insurance agency with more than 30 years of experience in the industry. The agency is headquartered in Longwood, Fla., with offices in 11 other locations throughout the state.
The commercial segment of Holman Insurance Services has operated in Florida since 2016, but the company wanted regional expertise as it introduced its lineup of personal coverage in Florida, according to President Steve Durdin.
Holman Insurance Services will officially roll-out its personal insurance division in Florida during the coming weeks and continue to expand its platform of personal and commercial lines of products on a national level. Moving forward, Murray Insurance agency will operate under the Holman Insurance name.
Holman Insurance Services, LLC is a wholly owned subsidiary of Holman Enterprises in Maple Shade, N.J. Launched in 2016, the company plans to offer an array of personal lines insurance products to retail customers from around the country. In addition, the group will focus on providing customized insurance and risk management products to commercial clients from across the Holman group of companies.
Holman Enterprises is a global organization that has provided automotive services for more than 90 years. Headquartered in Mount Laurel, New Jersey, Holman Enterprises is comprised of six business segments that support different sectors of the automotive industry: Holman Automotive, a privately-owned dealership group with 36 dealership franchises representing 17 brands; Steward Financial Services, an automotive retail finance company; Holman Insurance Services, a commercial and consumer insurance services company; Holman Parts Distribution, a national multi-brand powertrain parts distributor; Auto Truck Group, a truck up-fitting business; and ARI, a privately-owned fleet leasing and management company.
Topics Florida Mergers & Acquisitions
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