Nihill Insurance Agency and the Ascension Insurance Agency, both based in central Texas, have combined their operations, with an aim to further strengthen their business footprint in the region.
Nihill Agency principal Paul Nihill said that the merger of these insurance firms helps reinforce a sustainable and marked advantage for their highly acclaimed insurance operations.
"The addition of the Ascension organization and client base significantly enhances our position as a leading provider of insurance services in the Texas Hill Country.
"Ascension’s clients will benefit from emphasizing top of scale customer service, programs, claims experience, integrated client relations as well as the addition of seasoned staff and resources," Nihill added.
The transaction, which concluded on 29 October, was announced by Springtree Group (STG), a provider of full spectrum of M&A and financial services to insurance agents and brokers.
The Nihill Insurance Agency is based in the North San Antonio area and fulfills the insurance needs of both commercial and private customers in central Texas.