Seeman Holtz Property & Casualty completed its deal for Kaercher Campbell & Associates Insurance Brokerage, an independent agency offering personal, commercial and life insurances in southern California.
Kaercher Campbell & Associates, which is headquartered in Culver City, is an independent agency that offers a wide array of personal and commercial insurance, including auto and life insurance, as well as retirement plans and disability.
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The deal is part of Seeman Holtz Property & Casualty’s strategy to bolsters its business in southern California, where Kaercher Campbell is most prominent.
Seeman Holtz Property and Casualty president Marshal Seeman said: “We were happy to work with Penny and her team to get this deal through quickly and efficiently. We are proud to bring in their high-quality staff and client relationships.”
Eric Holtz, executive vice president, said: “One of our core strategic visions is to establish a strong presence in a community and continue to build. Our So Cal presence is one of the strongest in the country. KC&A is a perfect addition to our family.”
Seeman Holtz Property & Casualty noted that it will continue to target “high-quality independent agencies” to expands its geographic footprint and drive growth.
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By GlobalDataCalifornia has had a busy month for insurance. Swiss Re in collaboration with primary insurer Falls Lake and managing general agent Arrowhead has rolled out a new parametric earthquake insurance solution.
Known as Quake Assist, the new parametric earthquake insurance offers business interruption (BI) cover within California, even if no damage is caused to the insured’s building.
