Concord, Ohio-based Marsh, Berry & Co.’s Agency Peak Performance EXchange has partnered with FIRST Insurance Funding Corp. and Lake Forest Bank & Trust to provide an exclusive package of financial services to its partners, the company said in a statement.
Through FIRST and LFB&T, APPEX’s 96 partners will have access to customized premium-finance services, loans for agency perpetuation and acquisition, lines of credit for building purchases, construction and equipment purchases, as well as trust, investment and leasing services.
As wholly-owned subsidiaries of Wintrust Financial Corporation, LFB&T and FIRST are part of a 12-bank, 49-branch financial services organization with more than $6 billion in assets and a variety of other financial services companies including the Wayne Hummer Cos. and West America Mortgage Co.
With more than $3 billion in premium volume in 2004, FIRST is now the fourth-largest premium finance company in the United States. Servicing all of its agency customers from its home office in Northbrook, Ill., FIRST has a national sales force and customers in all 50 states.
Marsh, Berry is a management consulting firm for the financial services industry and a provider of consulting services for independent insurance agency owners and brokers.
Topics Mergers & Acquisitions
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