Tropolis, an insurance brokerage that provides property & casualty (P&C) and employee benefits solutions, announced it has completed the acquisitions of four Midwest insurance agencies. Terms of the private transactions were not disclosed.
The four businesses are BDMH Enterprises, an insurance and risk management solutions agency for skilled nursing, assisted living, and independent living communities nationwide; Follmer Insurance Services, providing commercial & personal lines insurance, including farm and life products; Madigan Pingatore Insurance Agency, specializing in hospitality, and regional commercial enterprises; and R&A Insurance, specializing in commercial lines including churches, and contractors, as well as personal lines customers. BDMH is based in Chicago, and the other three agencies are based in the greater Detroit and Northern Michigan areas.
Topics Mergers & Acquisitions Agencies
Was this article valuable?
Here are more articles you may enjoy.
Viewpoint: Japan’s $550B Bet on America—What it Means for the US Insurance Market 
Chubb Q1 Net Income Increases 74% on Fewer Catastrophe Losses 
Ex-CEO, Ex-CFO of Bankrupt AI Company Charged With Fraud 
Marsh Aims to Be ‘AI Winner’ by Focusing on Gains in Growth, Productivity, Efficiency 
