San Diego, Calif.-based Champion Risk & Insurance Services has acquired Clay Insurance Brokerage Co. in Rancho Santa Margarita.
Terms of the deal weren’t released. The acquisition is effective May 1.
Robert Swanson, owner of Adams Clay, will join Champion Risk. Adams Clay provides insurance services to the moving and storage industry.
Champion Risk is regional insurance brokerage.
Topics California Mergers & Acquisitions
Was this article valuable?
Here are more articles you may enjoy.
Insurers Get Green Light to Pay Less Than Billed Charges in Florida PIP Cases 
Jury Awards $80M to 3 Former Zurich NA Employees for Wrongful Termination 
‘Buffett Got it Wrong’ on California Fire Risk: PG&E CEO 
Investors Are Increasingly Interested in a Novel Type of Weather Insurance 
