Deals USA: Heffernan Buys Maffei Insurance

Latest broker deals news from the USA,

Heffernan Network Insurance Brokers, a subsidiary of Heffernan Insurance Brokers providing market access and support services to local insurance agencies, has acquired Maffei Insurance & Financial Services headquartered in Stockton, CA.  Founder and CEO, Don Maffei, joined Heffernan Network, along with 12 of his team members, effective April 1, 2023.

Maffei has been family-owned and operated since its founding in 2005. With additional offices in CarmelFresno and Visalia, Maffei focuses on personal lines insurance with a growing commercial lines book of business. The partnership with Heffernan Network will provide Maffei with additional private client resources for its personal lines clients and significant resources to grow in a variety of commercial industries.  The company will operate autonomously as a subsidiary agency of Heffernan Network, leveraging its market access, resources, and support to grow.

“The opportunity to partner and participate in the Heffernan Network is a very exciting and an important one for our clients and team. We’ll now have access to the additional resources and expertise that will provide our current clients with another valuable source of protection,” said Don Maffei, CEO of Maffei Insurance & Financial Services. “Commercial expansion has been on my wish list for many years and I’m looking forward to working with the Heffernan Network team to accomplish that goal.”

About alastair walker 12131 Articles
20 years experience as a journalist and magazine editor. I'm your contact for press releases, events, news and commercial opportunities at Insurance-Edge.Net

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