Wells Fargo Insurance Services USA, part of Wells Fargo & Company, has acquired New Mexico-based single office, commercial insurance brokerage firm Kinney Agency.
Kinney Agency offers commercial property and casualty insurance, specializing in contractor’s general liability, contract surety bonding, and other construction-related risks as well as retail and light industrial risks. Kinney Agency also offers customers employee benefits and personal insurance services.
Bart Kinney, managing shareholder of Kinney Agency, said: “By joining Wells Fargo Insurance Services, we have expanded capabilities to better serve our customers and help them protect their businesses and employees. While we have a new name, our customers will continue to be served by the same team of insurance professionals and will receive the superior level of service they’ve enjoyed for 47 years.”
Paul Baldwin, regional managing director for Southwest region at Wells Fargo Insurance Services, said: “Kinney Agency has a highly respected team of professionals whose strong customer focus fits our business model. They will strengthen our growing presence in New Mexico and further support Wells Fargo Insurance Services and our commitment to help customers succeed financially.”
David Wood, executive vice president of insurance brokerage West of Wells Fargo Insurance Services, said: “Our partnership with the Kinney Agency will help to strengthen our commitment to maintain a strong presence in New Mexico. We will work with our local bankers to provide customers with fully integrated financial and insurance solutions for their businesses.”