Inszone Insurance Services has acquired Ohio Valley Insurance, an independent agency specializing in agricultural and crop insurance, the company announced, marking the Sacramento-based brokerage’s latest push into the Midwest.
Ohio Valley Insurance was founded in 2003 by Dan Hardaway as Ohio Valley Crop Insurance, initially serving farmers and agricultural businesses in the region. Allan Murray joined the firm in 2007 and became a co-owner in 2012. The agency rebranded as Ohio Valley Insurance in 2014 to reflect an expanded range of offerings. Lindsey Hagan, Hardaway’s daughter, became a co-owner in 2021.
The acquisition gives Inszone a foothold in the agricultural insurance sector, an area the company said it intends to develop further. The Ohio Valley team will remain in place, with Murray continuing in an active client service and leadership role.
“Partnering with Inszone allows us to strengthen what we already do well,” Murray said. “This move gives our clients access to a broader network, additional carriers, and enhanced support, while allowing us to remain closely involved and continue serving our community with the same care and expertise.”
Chris Walters, CEO of Inszone Insurance Services, said the deal aligns with the company’s broader agricultural strategy.
“Ohio Valley Insurance has built a trusted name by focusing on agricultural clients and understanding the unique risks they face,” Walters said. “We’re excited to welcome Allan, Lindsey, and the entire Ohio Valley team to Inszone and look forward to working closely with them as we leverage their deep expertise in crop and agricultural insurance. Together, we see a strong opportunity to continue expanding Inszone’s presence in this important industry while supporting the communities and clients they’ve served so well.”
Financial terms of the transaction were not disclosed.
Founded in 2002 and headquartered in Sacramento, Inszone has grown from a team of 25 employees to more than 900, supported by investment partnerships with BHMS Investments in 2020 and Lightyear Capital in 2023. The company has completed over 130 acquisitions to date, with activity peaking at 43 deals in 2024, according to Tracxn. The Ohio Valley Insurance deal adds Arkansas to Inszone’s growing Midwestern and Southern footprint, which now spans more than 20 states.
