Southern insurance business snaps up 34 year old brokerage

Acquisition gives company Northern distribution for its products

Insurance News

By

First Protective Insurance Group Inc. of Birmingham, Alabama, announced it has purchased the assets of The MacNamee Group, a West Chester-based brokerage service founded in 1982 that specializes in life insurance, long term care and annuities.
 
The purchase enables The MacNamee Group’s producers to obtain a more comprehensive range of advertising resources and leverage expanded sales, technology and risk management product lines .
 
“ we're excited about bringing both of these organizations and look forward to serving the financial services community and the community at large in both Pennsylvania and New Jersey. We now have deep admiration for The MacNamee Group’s 34-year history and enjoy building on that legacy,” said Andy Martin, CLU, ChFC, President of First Protective.
 
“we're delighted about the chance to join forces said Steve MacNamee, president of The MacNamee Group. We conducted an extensive investigation looking for a chance like this and First Protective exceeded our hopes for a business to combine with that will continue the tradition we've for deep expertise, outstanding service, and an environment that we desire to be part of. We like to think of it as City of Brotherly love meets Southern Hospitaity.”
 

Keep up with the latest news and events

Join our mailing list, it’s free!