Louisville-based insurance agency Neace Lukens is expanding its presence in Kentucky by buying the Berryman Insurance Agency.
The Hartford, Kentucky-based Berryman Agency was founded in 1937 and its current owners date back to 1967. The agency specializes in auto, home, property, workers’ compensation, and life and health products. In addition to its Hartford office, the agency has offices in Owensboro and Hardinsburg.
Neace Lukens is a wholly-owned subsidiary of AssuredPartners Inc., a portfolio company of GTCR, a private equity firm.
Neace Lukens has 22 offices located in Kentucky, Ohio, Illinois, Michigan, Tennessee, Arizona, Georgia, Arkansas, Florida and South Carolina.
The acquisition of the Berryman Agency is the first since AssuredPartners bought Neace Lukens in September 2011.
Topics Mergers & Acquisitions Kentucky
Was this article valuable?
Here are more articles you may enjoy.
A 10-Year Wait for Autonomous Vehicles to Impact Insurers, Says Fitch 
Insurance Issue Leaves Some Players Off World Baseball Classic Rosters 
Insurance Broker Stocks Sink as AI App Sparks Disruption Fears 
Trump Demands $1 Billion From Harvard as Prolonged Standoff Appears to Deepen 
