Bollinger Acquires Gail Steinberg & Co. Inc.

May 7, 2009

New Jersey-based insurance brokerage Bollinger Inc. has acquired Gail Steinberg & Co. Inc. of New York, New York, the company announced.

In connection with the merger, Gail Steinberg, president and chief executive officer of her namesake firm, will join Bollinger as a senior vice president. She founded the company in 1990 to provide employee benefits products and services to small and mid-sized companies in the greater New York area.

The firm will relocate to Bollinger’s office in lower Manhattan.

“Gail’s experience and professionalism bring added depth to Bollinger’s New York benefits operation,” said Jack Windolf, chairman and chief executive officers. “We welcome Gail and her team to Bollinger and we are excited about the additional services that our combined size will allow us to bring to the clients of Gail Steinberg.”

Bollinger has commission revenues in excess of $100 million and over 430 employees, the company said in a release. The firm provides business and personal insurance and employee benefit programs as well as specialty insurance programs for golf and country clubs, amateur sports, and schools and colleges.

Bollinger is headquartered in Short Hills, New Jersey, and has branch offices in New York, Greenwich, Conn., Philadelphia, and additional New Jersey offices in Princeton, Moorestown and Vineland.

Source: Bollinger Inc.

Topics Mergers New York New Jersey

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