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.
New York Governor Hochul Vows to Tackle Insurance Affordability, Litigation and Fraud 
AIG Announces Strategic Investment Partnership of Up to $3.5B With CVC 
Zurich Makes £7.7 Billion Bid for Specialty Insurer Beazley 
LA Fire Survivors Got a Rude Surprise That Could Hit More Americans 
