Baltimore-based Maury, Donnelly & Parr, Inc. (MDP) reported its acquisition of another Maryland insurance agency, Campion Insurance in Bel Air.
MDP said the merger broadens its reach and service offerings across the Mid-Atlantic region, including in both commercial and personal lines, and strengthens its high-net-worth practice, an area of focus for MDP.
Other specialties of Campion, a family owned, independent insurance agency, include technology companies, mercantile offices and professional liability.
The Campion team will continue to operate from its Bel Air location, retaining its business while tapping into MDP’s resources including carrier partnerships, operations, and marketing.
Founded in 1875 as a marine insurer to the businesses that utilized the Port of Baltimore, MDP operates today as an agent, consultant, broker, risk manager, and program administrator in the insurance industry. It has nine offices along the East Coast.
Topics Mergers & Acquisitions
Was this article valuable?
Here are more articles you may enjoy.
Hurricane to Threaten Hawaii With Flooding Over Weekend 
Online Insurance Marketplace Insurify Blocks Meta’s Personal AI Agent Muse 
Are Software Vendors Holding Insurers Hostage? Build Your Own, Webinar Says 
Here Are Some AI Doomsday Scenarios Researchers Say Could Put Humanity at Risk 
