CBIZ has acquired the assets of Georgia-based specialty property and casualty brokerage firm Trinity Risk Advisors, effective from 1 September 2012.
Upon the completion, the agency will add five employees and approximately $1m to CBIZ annualized revenue, said the acquirer.
Founded in 2009 by Nelson Guzman, Trinity provides primarily medical malpractice insurance to the healthcare industry and specialized insurance to the transportation industry.
CBIZ Trinity president Nelson Guzman has been appointed Southeast regional director of CBIZ’s property and casualty healthcare division to assist in development of CBIZ’s property and casualty insurance services throughout the Southeast.
"As the landscape of the healthcare and transportation industries continue to evolve, we are now better positioned to offer an increased array of products and services to meet our clients’ ever-changing needs," Guzman stated.
CBIZ chairman and CEO Steven Gerard said, "The acquisition of Trinity further enhances our Southeastern market with additional property and casualty expertise and opportunities in the healthcare and transportation industries."
CBIZ offers financial services including accounting, tax and consulting, internal audit, merger and acquisition advisory and valuation services.