Houston-based Dean & Draper Insurance Agency LP announced it has completed an agreement to acquire John S. Dunn & Son Inc., one of Houston’s oldest and most respected insurance agencies, effective Nov. 1.
For Dean & Draper, the acquisition translates to an increase in business volume as well as an 8 percent increase in staff for the agency. Dean & Draper currently represents more than 250 insurance companies, specializing in personal and commercial insurance in addition to risk management and employee benefits.
Dean & Draper provides commercial and personal property/casualty insurance coverage, and employee benefits solutions.
John S. Dunn & Son Inc. began in Houston in 1938 and possesses solid commercial and personal lines accounts. When the Dunn family decided to sell the business earlier this year, they contacted Dean & Draper because of the similarities in business values and commitment to customer service.
Having owned both insurance and mortgage banking companies in the Houston area, the Dunn family is as well known for its philanthropy as it is for its longevity in business.
The John S. Dunn foundation is responsible for many important developments in the Houston area including Life Flight, Chapels at M.D. Anderson and Hermann Hospitals, Dunn Laboratories at M.D. Anderson, the Dunn Towers at Methodist and The Institute for Rehabilitation and Research at Memorial Hermann.
Source: Dean & Draper Insurance Agency LP
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