Prime Risk Partners has closed the deal to acquire Old National Insurance (ONI), an independent insurer in the Midwest, since the agreement was made on April 30 2016.
ONI has now changed its name to ONI Risk Partners and will maintain its presence in its local markets throughout Indiana, Kentucky and Illinois.
Its subsidiaries JWF Specialty and Employee Plans will continue to operate under their original names and assist their customers from their present locations. All operators plan to expand.
Bret Quigley, chairman and chief executive officer of Prime Risk Partners, said: “Closing the transaction marks the beginning of our partnership with Tom Flynn and his team to grow the ONI platform, including WF Specialty and Employee Plans. We are thrilled to be in business with the ONI team.”