One General Agency (OGA) has acquired the renewal rights to the book of business previously owned by Oklahoma City-based Acton Inc. (Acton).
Acton President Eric Acton will be joining the OGA staff.
One General Agency (OGA), also based in Oklahoma City, is a managing general agency and surplus lines broker that has been serving the specialty needs of independent insurance agents since 1951. OGA is a family-owned and operated company centered on strong relationships and trust. It provides markets for commercial transportation, property and casualty, garage, oil & gas, personal lines, professional lines and workers’ compensation risks and represents top-rated admitted and non-admitted insurance carriers in Oklahoma and an expanding number of states.
Acton Inc. is a managing general agency and surplus lines broker that has served Oklahoma independent insurance agents since its founding in 1972. Acton’s area of expertise includes many of the same lines as OGA but has a concentration in larger, more complex accounts, especially in the lines of excess and umbrella, environmental, professional and excess workers’ compensation. Its markets complement the admitted and non-admitted insurance carriers represented by OGA.
Terms of the transaction were not disclosed.
Source: One General Agency
Topics Mergers & Acquisitions Excess Surplus Numbers Insurance Wholesale Oklahoma
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