HW Kaufman boosts expertise with Essential Insurance acquisition

Acquired firm boasts specific expertise in general liability and workers’ compensation

HW Kaufman boosts expertise with Essential Insurance acquisition

Insurance News

By Allie Sanchez

HW Kaufman Financial Group has announced its acquisition of Essential Insurance Services, an audit firm that specializes in general liability, workers’ compensation, and other auditable insurance coverage.

According to a company statement, HW Kaufman views the acquisition as a step to extend its presence and capabilities in key growth areas.

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“The addition of Essential Insurance Services adds significant talent to our team. For us, acquisitions are not just a financial motivator, they are about gaining expertise,” Alan Jay Kaufman, chairman, president and chief executive.

As it makes the transition into HW Kaufman, the Colorado based audit firm will become part of US-Reports, which is the parent firm’s national provider of audit, inspection and risk management services.

US-Reports president Jon Kovach claimed that “the acquisition will give Essential’s current client base greater reach with… expanded services.”

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