Palomar Buys Martin Grace Benefit Group in Alabama
Palomar Insurance Corp, a Montgomery, Alabama-headquartered insurance brokerage, said it has acquired Martin Grace Benefit Group Inc. in Birmingham.
Martin Grace is an employee benefit and insurance consulting firm.
Tony Craft, CEO of Palomar, said the acquisition is in keeping with his firm’s strategy of strengthening its employee benefit offerings.
Palomar, founded in 1954, has operations in Atlanta, Georgia, Birmingham and Troy, Alabama.
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