Chicago-based brokerage Acordia Inc. has acquired the assets and business of McDermott Brokerage Inc., headquartered in Omaha, Neb.
The McDermott Brokerage has served clients in the Omaha area since 1980, specializing in employee benefits. The agency will be combined with the Acordia office at 13305 Birch Drive, Suite 202, Omaha.
The acquisition is the second such Acordia acquisition in Omaha in the last 30 days—Care Insurance Services was acquired Aug. 1. The two acquisitions, when combined, increase Acordia’s presence in Omaha by over 200 percent. Terms of the transactions were not disclosed.
Acordia is a subsidiary of Wells Fargo & Co. and the sixth-largest insurance brokerage in the world.
Topics Mergers & Acquisitions
Was this article valuable?
Here are more articles you may enjoy.
USI Sues 3 Former Producers After They Allegedly Moved Clients to Howden US 
Nuclear Verdicts Go Boom, Increase 40.7% in 2025 
Former Virginia Insurance Agent Pleads Guilty to Fraud 
World Inches Toward Catastrophic Climate Events: ‘Bigger Shocks Are On the Way’ 
