A Ewing insurance agency has been acquired by a national provider of financial and advisory services, it announced Monday.
CBIZ Inc., based in Cleveland, acquired Borden Perlman Insurance Agency Inc., effective Dec. 31, it said in a news release. BP, a 100-plus-years-old, fourth-generation property and casualty agency, has 65 employees. It specializes in sports programs and high net worth individuals, providing liability and risk management services.
“We are excited for the opportunity to partner with an organization with a national platform that is so aligned with our own company values and culture,” BP’s Doug Borden and Jeff Perlman said in a joint statement. “We look forward to continuing our 100-year tradition of providing best-in-class service while expanding our national reach and maintaining our community roots.”
Financial terms of the deal were not disclosed.