San Diego-based Goreham·Moore & Associates insurance brokerage has been acquired by Talbot Insurance & Financial Services.
Talbot Insurance & Financial Services is a subsidiary of Talbot Financial Corporation headquartered in Albuquerque, N.M.
Barry Moore, president of Goreham·Moore said that the union with Talbot will enable Goreham·Moore to bring additional resources to its clientele including enhanced insurance carrier relationships, specialized products, value-added services and state of the art information systems.
Roy Taylor, president of Talbot said that the company seeks organizations that are similarly focused on servicing business clients with up to approximately 1,000+ employees. Taylor views the acquisition of San Diego’s Goreham·Moore as a perfect fit for Talbot’s philosophy of “operating nationally and thinking locally.”
“We’re looking for partners, not sellers,” Taylor said, adding that no changes in personnel at Goreham·Moore are anticipated.
“We have several clients with a presence in the San Diego market,” Taylor said, “and we are looking forward to the synergies created by the merger of our two entities, both of which focus on the middle-market.”
Goreham·Moore & Associates was established in 1975 as a multi service business insurance brokerage. Its principals are Moore, William B. Goreham, Alfred H. Hass, Orvill L. (Tex) Newton and Daniel J. Harron. They are continuing with the firm.
In Southern California Talbot Insurance & Financial Services is headquartered in Riverside with offices in Hemet, Upland, Thousand Oaks and Santa Barbara.
Topics Mergers & Acquisitions
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