IMA Financial Group, a large brokerage specializing in wealth management and risk advice, is moving into the Florida commercial property insurance market with the merger of Wallace Welch & Willingham Inc.
WW&W, based in the St. Petersburg area, is considered one of the largest retail insurance brokers in Florida, with 155 employees, the firms said in a news release. The brokerage traces its roots to 1925. John Hammond is president.
The company will now be known as Wallace Welch & Willingham, an IMA Company.
IMA, with corporate offices in Denver, New York and Texas, said it has 19 regional offices around the country and clients in all 50 states. Florida is the country’s fourth-largest economy with a number of commercial insurance challenges now, the firm said.
Topics Florida
Was this article valuable?
Here are more articles you may enjoy.
Progressive Is Biggest Auto Insurer, Surpassing State Farm, Says S&P GMI 
NC Jury Award for Workers Injured in Wall Collapse May be Largest in State History 
After Complaint, GEICO Agrees to Modify Cancellation Process That Uses AI 
Viewpoint: The AI Boom – When Risk Stops Being Rare, Insurance Must Evolve 
