Multi-disciplinary financial business snaps up specialty independent agency

$2.6 million revenue independent will join 33-state national business

Multi-disciplinary financial business snaps up specialty independent agency

Insurance News

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Professional services firm CBIZ has announced its acquisition of Florida-based Slaton Insurance effective June 01. The move represents CBIZ’s bid to enhance operations in South Florida – CBIZ president and CEO Jerry Grisko said the addition of Slaton complements its Delray Beach office by expanding its expertise in North Palm Beach country.

Founded in 1923, Slaton is one of the oldest independently owned insurance agencies in South Florida.  With a specialty in golf and country clubs, Slaton provides property and casualty and personal lines insurance to clients in various industries in and around Florida’s North Palm Beach County. Slaton has 14 employees and recorded $2.6 million in revenue in 2016.

“Joining CBIZ gives us the opportunity to continue to provide our clients with the service they have come to know and trust,” said Slaton president John Boynton and managing partner Casey Cunniff in a joint statement.

“Our clients will further benefit by having access to the full suite of CBIZ’s offerings including risk management, payroll and financial services. Additionally, CBIZ’s culture closely aligns with that of Slaton, making this a seamless transition for our employees and clients alike,” they added.

CBIZ’s benefits and insurance services include group health benefits consulting, property and casualty insurance, retirement plan consulting, payroll, and HR consulting.  The company is one of the largest accounting, insurance brokerage, and valuation companies in the US, with more than 100 offices in 33 states.


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CBIZ INSURANCE SERVICES
 

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