has entered into an agreement with Parasol Financial & Insurance Solutions, under which it will adopt the name of Parasol to provide an expanded portfolio of financial and insurance products, including life, medicare and income disability coverage for individuals and groups.

According to the merger with Parasol will allow it to offer various products to meet customer needs. The combined companies have more than $15m in individual health insurance sales alone.

Tom Carolan, general partner of Parasol, said: “This partnership gives us an incredible advantage in health, life, disability and Medicare insurance, it’s a mutually beneficial partnership and together, we can provide more products, increase services and offer a level of expertise that is unmatched.

“Our new association with Parasol will only benefit our current and future clients, ensuring they will receive the best services and products available.”