Norman-Spencer Agency Inc. has acquired the business assets of American Insurance Professionals, a nationwide insurance broker based in Phoenix, Ariz.
Terms of the deal were not disclosed.
AIP provides errors and omissions insurance, crime insurance, cyber insurance and statutory surety bonds to title professionals. The company is an exclusive program manager of General Star, a Berkshire Hathaway Co.
Dayton, Ohio-based Norman-Spencer provides nationwide insurance services with property/casualty programs covering real estate, transportation, construction and professional lines.
Topics Mergers & Acquisitions
Was this article valuable?
Here are more articles you may enjoy.
Portugal Deadly Floods Force Evacuations, Collapse Main Highway 
‘Structural Shift’ Occurring in California Surplus Lines 
Insurify Starts App With ChatGPT to Allow Consumers to Shop for Insurance 
Florida Insurance Costs 14.5% Lower Than Without Reforms, Report Finds 
