Premier Financial in Defiance, Ohio, has sold an insurance business to Risk Strategies, a specialty insurance company in Boston.
The $8.6 billion-asset Premier sold First Insurance Group for an undisclosed amount, according to a press release. The agency handles a wide range of insurance products.
“The First Insurance Group and Risk Strategies teams share a common view on the importance of delivering superior products and services to our clients driven by local leadership and professionals in the markets served,” Gary Small, Premier’s president and CEO, said in the release.
“Risk Strategies’ extensive resources and capabilities combined with local market expertise creates a winning combination of experience, insight and customized solutions for insurance clients,” Small added.