Virginia-based Alternative Monetary Group has acquired Jeff D. Hackmeier and Associates, a south Florida insurance coverage company catering to excessive net-worth purchasers.
Hackmeier, based mostly in Bay Harbor Islands, close to Miami, has been in enterprise since 1978, the businesses stated in a information launch. It offers worker advantages, life, incapacity, long-term care and medical health insurance merchandise.
The acquisition is Alternative Monetary’s eighth this yr and expands the agency’s presence on the East Coast. Insurance coverage business veteran Bob Hilb is CEO of Alternative.
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