NU Online News Service, July 20, 2:15 p.m. EDT
Short Hills, N.J.-based insurance broker Bollinger Inc. said it has acquired David Szerlip and Associates of Berkeley Heights, N.J.
Financial terms of the transaction were not released.
Szerlip specializes exclusively in property and casualty insurance programs for nonprofit organizations, ranging from large international nonprofits to small start-ups.
Mr. Szerlip will continue with Bollinger and serve as a senior vice president. He and his staff of four will relocate to Bollinger's Short Hills location later this month, Bollinger said.
"We strongly believe that the resources realized from this new relationship will greatly benefit our clients," said Mr. Szerlip.
This is the 45th insurance agency acquisition for Bollinger in recent years, the firm said. With more than 400 employees, the broker has branch offices in Greenwich, Conn.; New York; Philadelphia; and additional New Jersey locations in Moorestown, Vineland and Wall.
Want to continue reading?
Become a Free PropertyCasualty360 Digital Reader
Your access to unlimited PropertyCasualty360 content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- Breaking insurance news and analysis, on-site and via our newsletters and custom alerts
- Weekly Insurance Speak podcast featuring exclusive interviews with industry leaders
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical converage of the employee benefits and financial advisory markets on our other ALM sites, BenefitsPRO and ThinkAdvisor
Already have an account? Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
