IMA Monetary Group, a big brokerage specializing in wealth administration and danger recommendation, is shifting into the Florida business property insurance coverage market with the merger of Wallace Welch & Willingham Inc.
WW&W, primarily based within the St. Petersburg space, is taken into account one of many largest retail insurance coverage brokers in Florida, with 155 workers, the corporations stated in a information launch. The brokerage traces its roots to 1925. John Hammond is president.
The corporate will now be referred to as Wallace Welch & Willingham, an IMA Firm.
IMA, with company places of work in Denver, New York and Texas, stated it has 19 regional places of work across the nation and purchasers in all 50 states. Florida is the nation’s fourth-largest financial system with numerous business insurance coverage challenges now, the agency stated.
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