The Liberty Company Insurance Brokers has announced a new strategic partnership with Hahn Insurance Agency, a family-owned firm based in Little Falls, N.J.
Hahn Insurance Agency has been serving clients in New Jersey and surrounding areas for nearly 100 years. The agency brings longstanding relationships and regional expertise to the partnership, which Liberty said complements its own operating model and business goals.
Liberty said that its partnership model allows affiliated agencies to retain their independence while gaining access to expanded service offerings. These include business development support, human capital consulting, HR compliance, and enhanced risk management and claims capabilities.
Chuck Hahn, president of Hahn Insurance Agency, said the decision to join Liberty was guided by shared values.
“This partnership combines our team’s local knowledge and generational experience with Liberty’s broader range of insurance products, financial strength, and unwavering support for the independent agency model,” Hahn said.
Hahn said that clients would continue to benefit from the firm’s local presence while gaining access to broader resources.
The agreement with Hahn Insurance Agency is the latest in a series of partnerships Liberty has established to scale its platform. Earlier this year, Liberty secured an additional $100 million in funding, led by JPMorgan Chase. This financing aims to fuel mergers, acquisitions, and innovation within the company.
Financially, Liberty reported a significant increase in revenue, from $54 million to $149 million in 2022, driven by a 47% organic growth rate and the completion of 37 acquisitions. The company's EBITDA to debt leverage remained at a low 3.5x, allowing it to maintain a favorable cost of capital.
Elsewhere, the company also recently expanded its network with the addition of D.B Jones Associates, which has joined Aura Risk Management, a part of the Liberty Company network.
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