AmeriTrust Group has announced that its retail agency subsidiary, Meadowbrook Insurance Agency, has acquired Florida-based Carol P. Rummel Insurance Agency, which does business as Signature Insurance Agency.
The acquisition provides Meadowbrook Insurance Agency with additional revenue opportunities, niche product expertise, and expanded market reach, AmeriTrust said. As part of the transaction, Carolyn Rummel has been named president of Meadowbrook Insurance Agency’s Florida operations.
“Carolyn Rummel has over 20 years of strong agency management and leadership experience, with a solid track record of success,” said Brian L. Risen, president of Meadowbrook Insurance Agency. “This acquisition is consistent with our strategy to expand our full-lines agency presence in the Florida marketplace.”