Cook Maran & Associates, an insurance broker operating in both New York and New Jersey, has acquired NJ-based Rosenthal Insurance Group.
Rosenthal Insurance in Wayne, New Jersey, bring over 40 years of experience advising businesses on customized, cost-effective insurance solutions, a release said.
As part of the acquisition, Rosenthal employees will move to Cook Maran’s Fair Lawn, NJ office. The deal also expands the offering of Prime Risk Partners – the insurance intermediary Cook Maran is serving as a platform in two states.
“Under the leadership of Rick Rosenthal, Rosenthal Insurance has provided customized employee benefits and financial services to employers of all size in New Jersey,” said Cook Maran chairman and CEO Len Scioscia. “Their focus on innovative client services, directed at controlling employee benefits costs since 1977 makes them a perfect fit for us. We are proud to welcome Rick and his talented team to Cook Maran and PRP.”
Scioscia added that the transaction bolsters Cook Maran’s employee benefits portfolio.
“Given the rapidly changing employee benefits market, we are in a stronger position to help businesses stay in compliance, avoid fines and provide quality, cost-effective benefits for their employees,” he explained.
“We are excited to join the Cook Maran family and the Prime Risk platform,” commented Rosenthal Insurance president Rick Rosenthal commented. “We will be able to continue to provide our clients with the personal service they have come to expect and know, with the additional resources and enhanced services from Cook Maran, to help them remain in compliance.”
