California-based EPIC (Edgewood Partners Insurance Center), a retail property & casualty and employee benefits insurance brokerage firm, has entered into an agreement to acquire METRO/RISK, a risk managing firm that designs and delivers edge risk management and insurance suits.
Earlier, EPIC acquired Northern California’s VRT Insurance Services in February. The company stated that this acquisition of METRO/RISK is its second significant deal of 2009. METRO/RISK has offices in San Francisco and Baltimore.
John Hahn, co-founder of EPIC, said: “This acquisition will bring expanded capabilities, unique expertise, more top-tier producers and other talented professionals to EPIC. METRO/RISK has built their business on the highest standards of integrity and service excellence and their people and culture are an excellent match with our own. We are very pleased to have Mike and his team join our talented and dynamic group.”
Michael Enfield, founder of METRO/RISK, said: “By partnering with EPIC we are better able to attract experienced, creative brokers and client advocates who share our core beliefs and standard of excellence – all for the benefit of our clients. This is a very exciting time to be joining a unique, successful company like EPIC.”