SullivanCurtisMonroe Acquries Stepco Insurance Agency

SullivanCurtisMonroe has acquired Stepco Insurance Agency.

The Stepco group will join SCM’s Pasadena team.

Stepco was founded in 1962 as George Joseph & Associates, dba Mercury Insurance Agency. In 1983, CEO Steve Stepanian took over the agency from his brother-in-law, later passing it to his son Steven, who expanded the firm’s reach into Arizona and Nevada.

SCM is a locally managed insurance brokerage firm offering industry-specific coverage services for commercial property/casualty, risk management, surety, employee benefits and personal lines insurance. Based in California, SCM has offices in Orange County, Los Angeles County and Inland Empire.