Sinclair Insurance Group of Wallingford, Conn. has acquired Arthur Noll Agency of Bloomfield for an undisclosed amount.
According to Dave Sinclair, president, Noll generates about $3 million in annual revenues largely from construction and transportation accounts.
Principals Arthur Noll, Jeffrey Noll, Martin Shea and Lee Noll Farber will join Sinclair in a new office in Manchester, Conn. to operate under the name Sinclair Risk and Financial Services LLP.
Sinclair Insurance Group also has offices in Norwalk and Chester. The agency specializes in risk management, insurance and benefits for construction and manufacturing risks.
In May, 2005 Sinclair Insurance Group acquired J. Biron Agency of Newington, Conn., a surety bond specialist. That addition came on the heels of the acquisition of The Robinson Co., a Waterbury-based employee benefits firm.
Its other divisions include JM Layton and Sinclair Marine.
Independently-owned Sinclair Insurance Group is an Insurance Journal Top 100 agency with more than $200 million in annual premiums.
Topics Mergers & Acquisitions
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