"This is an exciting opportunity to join a dynamic regional and national organization that reflects the same values that made us successful," agreed Brightly, who has served as president of MGB for nearly thirty years. "While our clients will continue to work with the account managers they know and trust, being part of a larger organization will afford them additional resources such as enhanced claims services, broader market access and greater bargaining power with carriers."
Cook Maran is the PRP New York metropolitan area platform. Cook Maran's acquisition of MGB closed on Tuesday, January 3rd. The firm will continue to do business as Mintz, Girgan & Brightly for the near term. MGB's executive and account staff – averaging more than twenty years of experience – will continue in their current roles.
Cook Maran's strong performance and pending MGB partnership further affirm PRP's strategy of expansion through thoughtful acquisitions. In addition to Cook Maran, it acquired Indianapolis-based ONI Risk Partners as a primary Midwestern platform in 2016. PRP is among the industry's fastest-growing firms, leaping from 86th to 50th on the Business Insurance 'Top 100 Business Brokers' ranking (2015 to 2016), and making a solid debut at 28th on Insurance Journal's 2016 list of Top 100 Property/Casualty Agencies and 23rd on its list of Top 50 Personal Lines Agencies.
"We're very pleased with our trajectory, and remain focused on sustained success through a strong national platform," said Bret Quigley, Chairman and CEO of Prime Risk Partners. "That doesn't always mean making more deals, but choosing the right partners – leading regional operators that are eager to expand and find new partners like MGB.
"Cook Maran, ONI and MGB share a proven track record of growth, a stellar reputation in the marketplace and strong connections across the communities they serve," Quigley added. "Our aim is to accelerate the formula that's made them successful."
View this announcement from Cook Maran here, or at www.cookmaran.com; for background on MGB Insurance, visit www.mgbinsurance.com. Learn more about Prime Risk Partners at www.primeriskpartners.com.
To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/cook-maran-acquires-mintz-girgan--brightly-leading-new-york-new-jersey-brokers-join-forces-backed-by-prime-risk-partners-300385443.html
SOURCE Cook Maran & Associates