Ohio’s Norman-Spencer Agency Acquires N.Y.-Based Keenan Marine Agency

Dayton, Ohio-based Norman-Spencer Agency Inc. has acquired New York-based Keenan Marine Insurance Agency LLC.

Keenan Marine is a national specialty yacht insurance agency and has provided comprehensive solutions to yacht owners across the United States for many years.

Norman-Spencer’s marine insurance services division is a specialized provider of recreational boat and yacht insurance.

Coverages from Norman-Spencer range from AquaPac, the endorsed consumer insurance program of the Marine Retailers Association of the Americas, to the FishOn insurance program, high performance boats, yacht and mega yacht programs. The MRAA is a national association representing boat and engine dealers and other retailers across North America.

Norman-Spencer also provides insurance services to clients and insurance buyers nationwide with over 10 proprietary in-house programs covering industries like construction, real estate, and professional lines.

With roots dating to the early 1900s, Norman-Spencer has 160 employees in 7 offices across the U.S., and has excess of $200 million in annual written property/casualty premium.

Topics Mergers & Acquisitions New York Ohio