Marquis Agency Acquires N.Y.-Based Lucas & Dake

November 12, 2007

The Marquis Agency of Woodbridge, N.J., acquired Lucas & Dake Co. Inc. of Rochester, N.Y. The new agency will be called Marquis Lucas Dake. Terms of the transaction were not disclosed.

The Marquis Agency is a professional services insurance broker offering insurance services for architects and engineers, accountants, real estate professionals and lawyers. The company offers these professional service organizations a comprehensive package of insurance brokerage, risk management, employee benefit and HR services.

Founded in 1907, Lucas & Dake serves businesses and families in New York, and has specialized in professional liability brokerage and risk management since 1975. In addition to offering professional liability insurance for architects and engineers, the firms also offers a professional liability program for CPAs, underwritten by CAMICO Mutual Insurance Company. The program is endorsed by the New York State Society of Certified Public Accountants.

“Adding Lucas & Dake to the Marquis Agency brings together two great organizations that share a commitment to excellence, in both the solutions and service we provide to our professional clients,” said Lenny Waldhauser, president of the Marquis Agency. “We’re excited to expand Marquis’ reach into New York, and to be able to offer Lucas & Dake’s clients a broader set of insurance and business services.”

“Partnering with Marquis will allow us to offer our clients a ‘single source solution’ for all of their most pressing business and personal insurance needs,” said Bill Norton, president of Lucas & Dake. “And their national and international capabilities will help us better serve our professional clients with customers in other regions, states or even countries.”

Source: Marquis Agency

Topics Mergers New York Professional Liability

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