New York’s NIF Group Acquires California’s HDR

January 16, 2009

Manhasset, New York-based specialty insurance firm NIF Group has acquired HDR Insurance Services of Sacramento, California.

HDR specializes in providing innovative programs for independent agents. HDR will continue to operate from its Sacramento location.

“The NIF/HDR combination brings more market access and unique products for our broker partners,” George Hill, HDR’s chief executive said. “NIF provides access to a unique program for nonprofits.”

Mark Maher, NIF’s president added, “HDR is known for its very high quality agent partners. We both believe we can bring significant product advantages to help these agents become more competitive.”

Known for innovation in the nonprofit arena, NIF delivers capabilities in program administration, general agency, wholesale brokerage, professional liability and personal lines for insurance agents.

Source: NIF Group

Topics Mergers California Agencies New York

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