IMA Financial Group News

Towerstone Acquires Ohio Wholesale Insurance Broker Jacobs & Associates

Towerstone, a Dallas-based wholesale insurance division of IMA Financial Group, has acquired Jacobs & Associates, a general agent and excess and surplus lines broker based in Strongsville, Ohio. The transaction was effective April 1, 2021. The partnership opens new markets …

IMA Financial Group Acquires k.p.d. Insurance in Oregon

IMA Financial Group has acquired Oregon-based k.p.d. Insurance Inc. to expand its brokerage services to the Pacific Northwest. Terms of the deal, which is effective April 1, were not disclosed. k.p.d. will become an IMA Financial Group company but retain …

IMA Financial Group Acquires HofgardBenefits in Colorado

IMA Financial Group has acquired HofgardBenefits, a Louisville, Colo.-based employee benefits agency. The acquisition augments IMA’s employee benefits business segment that’s focused on companies with less than 100 employees, and adds two team members to the employee benefits team: Preston …

IMA Financial Group Completes Acquisition of ESS NexTier Insurance Group

IMA Financial Group, a national insurance brokerage firm specializing in property and casualty insurance, employee benefits and surety bonds, has completed its acquisition of ESS NexTier Insurance Group, a similarly structured practice with four offices throughout Pennsylvania. The acquisition expands …

Iowa’s BrokerTech Ventures Adds 5 New Agency Partners, Names Hatten as COO

BrokerTech Ventures (BTV), the Des Moines, Iowa-based broker-led investor group and accelerator program, has added five new investor partners/sponsors, including Heffernan Insurance Brokers Inc., The Horton Group, Inc., IMA Financial Group, MJ Insurance and Woodruff Sawyer. BTV also has appointed …

Proctor Promoted to President of IMA Companies

Wichita, Kansas-based insurance brokerage, IMA Financial Group Inc., has promoted Luke Proctor to president of IMA Companies, a newly created position to oversee all IMA Financial Group subsidiaries. Proctor will report to IMA Financial Group Chairman and CEO Robert Cohen. …

IMA’s Cohen Elected Chairman of Council of Insurance Agents & Brokers

Robert L. Cohen, chairman and chief executive officer of The IMA Financial Group Inc., in Denver, Colo., has been elected as 2017 chairman of The Council of Insurance Agents & Brokers. He succeeds Bill D. Henry, chief executive officer of …