DVUA Expands into New England with Acquisition of Zimmerman Specialty of Mass.

October 25, 2004

Delaware Valley Underwriting Agency, Inc. (DVUA) is expanding into the New England area with the purchase of the assets of Zimmerman Specialty Insurance Brokerage, Inc. of Natick, Mass. by its parent, PIC Holdings.

Zimmerman Specialty is an excess and surplus lines whoelsale brokerage firm headed by Si Zimmerman, who will remain with the organization as senior vice president and branch manager of DVUA Massachusetts, Inc.

“Si has an outstanding reputation with his retail insurance broker customers and will fit into DVUA’s growth plans perfectly,” said Ed Levy, chief operating officer of DVUA.

DVUA specializes in general casualty, “hard to place” products and general liability, professional liability, commercial property, homeowners and transportation risks. It has offices in Hatboro, Pa., northern New Jersey, North Carolina, Pittsburgh, South Carolina and West Virginia, along with five marketing locations.

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