NEWS RELEASE
Contact: John Biasiello
215-208-8519
[email protected]
Sukay & Associates Represents Pfister Insurance, Inc (“Pfister”) in its Sale to The Hilb Group, LLC (“THG”)
(June 13, 2018, Lewes, DE.) – John Biasiello, President of Sukay & Associates announced that the firm acted as the financial advisor for Pfister in its sale to THG. Pfister’s agency leaders, Mel Warren, Jim Watkins, and Scott Foltz, will continue to lead the agency’s associates out of their current office location in Dover, DE.
John Biasiello stated that the Hilb-Pfister deal will strengthen the organization with access to additional markets and greater use of technology while maintaining a strong local presence. This was considered valuable by the Pfister principals.
Mel Warren commented that Pfister worked very closely with Sukay & Associates. It was a pleasure for us to work with John and Tom who both understood the comprehensive nature of the transaction on many levels and how the market is constantly changing. We are all in agreement, one of the best decisions we made was to seek their professional guidance.
In a previous release, Warren said, ”Pfister greatly values our clients and we will always do what it takes to deliver the best quality coverage and service possible,” said Warren. “Joining THG will allow us to provide our clients additional resources and support of a national brokerage, while they will continue to work with a team they know and trust.”
Sukay & Associates was founded in 2003 to provide advisory services to the insurance brokerage industry.
As a firm, we believe answering the question “How much is my agency worth?” is part of our responsibility and the foundation of a great working relationship – even if that is further in the future. Because of this we, unlike most firms, offer insurance agency valuations for those who qualify. Click below to apply.
