Evergreen Insurance & Risk Management, a Monsey, New York, based insurance brokerage for investment real estate, has acquired the assets of Sheridan & Company Group LLC and T.J. Sheridan & Co. Inc. Terms of the deal, which closed in September, were not disclosed.
Sheridan is a commercial lines insurance provider headquartered in northern New Jersey, with a concentration on investment property insurance, real estate insurance and condo association insurance. Tom Sheridan, president and CEO of Sheridan and a 41 year insurance industry veteran, will continue at Evergreen on a consulting basis following the acquisition.
This acquisition closely follows Evergreen’s July relocation to its new office space in Monsey, New York, to accommodate past growth and future expansion plans.
Source: Evergreen Insurance & Risk Management
Topics Mergers & Acquisitions New York
Was this article valuable?
Here are more articles you may enjoy.
Florida’s Commercial Clearinghouse Bill Stirring Up Concerns for Brokers, Regulators 
Experian Launches Insurance Marketplace App on ChatGPT 
Insurance Issue Leaves Some Players Off World Baseball Classic Rosters 
Portugal Deadly Floods Force Evacuations, Collapse Main Highway 
