Iowa’s Holmes Murphy Joins Forces with Construction Industry Leader CSDZ

Holmes Murphy has joined forces with privately owned Cobb Strecker Dunphy & Zimmermann Inc. (CSDZ), based in Minneapolis.

Holmes Murphy said the merger is its largest to date and strengthens the firm’s depth in the property/casualty and, more specifically, construction and surety industries.

CSDZ was initially founded in 1919 as a construction contract surety organization and has since grown into a nationally recognized specialty risk management organization.

Бизнес партнерство и бизнес-идеи

CSDZ will continue to operate on a stand-alone basis and will remain in its three locations of Minneapolis, Minnesota; Salt Lake City, Utah; and Madison, Wisconsin. CSDZ’s Jerry Ouimet will maintain his current role as president overseeing the same day-to-day operations he has been leading for years. CSDZ Chairman and CEO R. Scott Egginton is taking on the role of chairman emeritus of CSDZ and will continue to be involved with both client and partner relations.

The merger adds more than 100 employees to the Holmes Murphy team.

In the future, Holmes Murphy also plans to expand further by bringing its employee benefits, captive, and personal lines expertise into the mix of exceptional property casualty services already offered by both companies.

Source: Holmes Murphy

Was this article valuable?

Yes
No

Thank you! Please tell us what we can do to improve this article.

Submit
No Thanks

Thank you! % of people found this article valuable. Please tell us what you liked about it.

Submit
No Thanks

Here are more articles you may enjoy.

Swiss Re No Longer Offers Re/Insurance to Firms with More Than 30% Coal Exposure

Momentum for Rate Hikes Dissipates During June/July Renewals: Willis Re Report

Massachusetts Raises Minimum Wage, Creates New Paid Leave Program

Top Private Flood Insurers and Market Report

Source