Johnson & Johnson, a managing general agency working in 48 states, has acquired Strickland General Agency in Suwanee, Georgia, J&J announced.
The deal closed July 31. Terms were not disclosed. Strickland, known as SGA, is a multi-line excess and surplus MGA serving independent agencies in most Southeastern states. Cliff Strickland Sr. is president.
Johnson & Johnson is a fourth-generation, family owned MGA that was founded in 1930. It also provides premium financing, private flood coverage and program business. Francis Johnson is chairman and CEO.
The merger will provide a broader portfolio of products and services to SGA clients, the companies said in a news release.
Was this article valuable?
Here are more articles you may enjoy.
Litigation Funding, Other New Laws in SE States Could Impact Liability Insurance
Berkshire Hathaway Raises New CEO Abel’s Salary to $25 Million
AIG’s Zaffino to Step Down as CEO as Aon’s Andersen Steps In
Howden Buys M&A Insurance Broker Atlantic Group in US Expansion 

