Two long-time Baltimore area insurance agencies have combined forces.
Warfield-Dorsey Co., Inc. of Hunt Valley, Maryland, has merged with HMS Insurance Associates Inc., a privately held independent insurance agency in Lutherville.
The merger was effective Oct. 1, 2008, according to Gary L. Berger, president and CEO of HMS.
David Warfield, president and CEO, and Guy Warfield and Kimberly Greifzu, vice presidents, of Warfield- Dorsey, will take key positions at HMS Insurance Associates. David Warfield will also become a stockholder in HMS.
The combined staff of more than 130 will work from the present office locations in Hunt Valley and Greenspring Station, Lutherville.
Both firms have long histories in Baltimore. Warfield-Dorsey was established in 1894. David Warfield and his brother Guy are the fourth generation of their family to be principals in the firm.
HMS was formed in 1943 as The Hartman Agency, prior to becoming Hartman, McLean & Schmidt in 1962. The current ownership group purchased the firm in 1992 and changed the name to HMS Insurance Associates Inc. HMS reports that it writes more than $200 million in premium.
Source: HMS Insurance
www.hmsia.com
Topics Mergers & Acquisitions
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