OLI Insurance Services Inc., a subsidiary of Heffernan Insurance Brokers providing market access and support services to local insurance agencies, has acquired San Jose, California-based Valley General Insurance Services.
Valley General will continue to be led by its president David Tuckness, and will operate autonomously as a subsidiary agency, leveraging OLI and Heffernan’s market access, resources, and support to grow the agency.
Valley General, formerly part of Archway Insurance Brokers LLC, was established in 1975 and focuses on commercial lines and personal insurance products. Tuckness joined Valley General in 1989 with a focus on the construction industry, became a partner and, later, the sole shareholder. He is designated as a Certified Insurance Counselor (CIC) and is a Certified Professional Insurance Agents Society (CPIA) member.
OLI Insurance Services Inc., formed in 2017, helps small independent agencies grow by providing exceptional market access, new business fulfillment, back office support, and technology solutions.
Source: OLI Insurance Services Inc.
Topics Mergers & Acquisitions California
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