High Street Insurance Partners (HSIP), a full-service insurance brokerage platform owned by Huron Capital Partners, has expanded its presence in the Northeast with the acquisition of three firms: Hartzell Insurance Associates, NYAB Insurance, and Perry & Carroll Insurance.
HSIP was formed in 2018 by Huron Capital to build a full-service brokerage business. It has completed 24 acquisitions since its founding and continues to pursue acquisitions in the insurance agency market.
“We are thrilled with the addition of these three longstanding companies in the Northeast markets, which strengthens our geographic footprint and enhances our specialty market strategy,” said Scott Wick, CEO of HSIP. “We share similar beliefs and values with each of these companies and their dedication to providing superior levels of service in their communities and niche customer groups.”
Hartzell Insurance is based in Hatfield, Penn., and provides businesses with business, personal and group health insurance.
“Our philosophy is simple: through our customer service expertise, we will be able to keep your employees happy and focused on their work while relieving them of the worries of dealing directly with the insurance company,” said Scott Hartzell, president of Hartzell Insurance. “We are dedicated to working with companies both large and small, and we are confident that this partnership with HSIP will provide us with opportunities to expand our status as a regional leader.”
Long Island-based NYAB specializes in personal and commercial insurance with a focus on New York City’s transportation industry.
“Our brokers and customer service representatives boast over 50 years of combined and diversified experience that complements our innovative approach to evaluating risk,” said NYAB president Charlie LaSala. “Our capabilities will be enhanced through the support gained by joining HSIP, as we broaden our expertise and scale to the benefit of all of our customers.”
Perry & Carroll, based in Elmira, N.Y., has been serving southern New York and Northern Pennsylvania for more than 160 years. In addition to the acquisition, the company has announced the retirement of president Jim Rogers after 37 years with the agency. Other management team members will continue to lead the agency.
“It was important for Perry & Carroll to retain our identity as a community-focused agency – one that Jim has long worked to establish – and we cannot thank him enough for his dedication to the company,” said Scott Proudfoot, Perry & Carroll president and treasurer. “Our collaboration with High Street Insurance Partners provides greater resources to meet the needs of our customers. We are very excited about this next step in our agency’s continued success.”