King Insurance Buys Up Two More Florida Agencies: DMI and Insurance Den
King Insurance announced it has added two more Florida insurance agencies to its rapidly growing stable of firms in the Southeast.
Don Martin Insurance, known as DMI agency, has offices in Orlando, Fanning Springs and Cross City. Michael Michaelis has managed the agency since he acquired it 2000, King said in a news release. The agency provides commercial and personal lines. Employees will continue working at the DMI offices.
Insurance Den is based in Homosassa and was founded by Dennis Dewees. ID focuses on commercial and personal lines business on Florida’s west coast.
The purchases mark King’s 13th acquisition for 2021 and the sixth since the company signed an agreement with BHMS Investments. The company said it plans to continue expanding in the southeastern U.S.
Founded in 1974 and headquartered in Gainesville, Florida, King notes that it is a full-service insurance brokerage firm, providing property and casualty and employee benefits products.