Holmes Murphy has joined forces with privately owned Cobb Strecker Dunphy & Zimmermann Inc. (CSDZ), based in Minneapolis.
Holmes Murphy said the merger is its largest to date and strengthens the firm’s depth in the property/casualty and, more specifically, construction and surety industries.
CSDZ was initially founded in 1919 as a construction contract surety organization and has since grown into a nationally recognized specialty risk management organization.
CSDZ will continue to operate on a stand-alone basis and will remain in its three locations of Minneapolis, Minnesota; Salt Lake City, Utah; and Madison, Wisconsin. CSDZ’s Jerry Ouimet will maintain his current role as president overseeing the same day-to-day operations he has been leading for years. CSDZ Chairman and CEO R. Scott Egginton is taking on the role of chairman emeritus of CSDZ and will continue to be involved with both client and partner relations.
The merger adds more than 100 employees to the Holmes Murphy team.
In the future, Holmes Murphy also plans to expand further by bringing its employee benefits, captive, and personal lines expertise into the mix of exceptional property casualty services already offered by both companies.
Source: Holmes Murphy
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