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24 January 2022 Insurance

High Street brokers rounds out 3-year M&A spree with big west coast move

Full-service independent insurance brokerage High Street Insurance Partners (HSIP) continued its string of M&A with the December purchase of regional broker Insurance Services Group (ISG).

ISG is headquartered in the Pacific coast state of Washington and brings clients from across 12 chiefly western US states to the HISP stable.

"This acquisition represents our continued expansion in the West," said Scott Wick, CEO of HSIP. "With the addition of ISG, we can assist a greater number of clients with a full spectrum of insurance needs."

The acquisition is one of 17 finalized in December alone as HISP pursues a strategy of building a national network of independent agencies for business insurance & risk management, employee benefits, financial & retirement services, personal insurance and specialty risk solutions.

HSIP claims to have now acquired 97 agencies in the last three years following its 2018 founding to render a geographical footprint spanning 23 US states.

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