Virginia-based Choice Financial Group has acquired Jeff D. Hackmeier and Associates, a south Florida insurance agency catering to high net-worth clients.
Hackmeier, based in Bay Harbor Islands, near Miami, has been in business since 1978, the companies said in a news release. It provides employee benefits, life, disability, long-term care and health insurance products.
The acquisition is Choice Financial’s eighth this year and expands the firm’s presence on the East Coast. Insurance industry veteran Bob Hilb is CEO of Choice.
Topics Mergers & Acquisitions Florida
Was this article valuable?
Here are more articles you may enjoy.
To Carriers’ Relief: New Florida Rule Won’t Count Mediation Requests as Complaints
California Homeowners Insurance Costs Still 41% Below National Average, Report Shows
Zurich Sees Data Center Boom Spurring Insurance Securitization
Appetite for Insurance M&A Remains as AI Enters the Chat, Says PwC 

