Acordia Southeast Inc. acquires Simons & Rose Insurance Agency Inc.CLEARWATER Clearwater, city, United States Clearwater, residential and resort city (1990 pop. 98,784), seat of Pinellas co., W central Fla., on the Pinellas peninsula, between Clearwater Bay and the Gulf of Mexico; inc. 1891. , Fla.--(BUSINESS WIRE)--April 22, 1997--Acordia Southeast Inc., a unit of Acordia Inc. of Indianapolis, the fifth largest insurance brokerage firm in the world, announced the acquisition of Simons & Rose Insurance Agency Inc. of Coconut Grove, Fla. Simons & Rose Insurance Agency Inc. was established in 1961 and, under the guidance of the late Richard H. Simons, grew to become one of the largest independent property/casualty insurance agencies in south Florida. The agency specializes in commercial insurance to a diverse group of clients comprised of condominiums, manufacturers, retailers, and other business enterprises. In 1992, Simons and Associates Life Insurance Agency Inc. was founded to provide life, health and benefits services. The company employs 22 people at its office in Coconut Grove, with an additional eight people employed at the branch office in Boca Raton Boca Raton (bō`kə rətōn`), city (1990 pop. 61,492), Palm Beach co., SE Fla., on the Atlantic; inc. 1925. Boca Raton is a popular resort and retirement community that experienced significant industrial development in the 1970s and 80s. . James R. Harper, president and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of Acordia Southeast stated: "We are extremely pleased to welcome Simons & Rose Insurance Agency Inc. as the Miami Division of the Acordia Southeast team. The acquisition of Simons & Rose will strengthen our presence in the Miami area and will allow Simons & Rose clients to leverage the expanded resources of Acordia Southeast." The Simons & Rose office locations will remain the same under the new name of Acordia Southeast, Miami Division. Offices are in Coconut Grove at 2901 Bridgeport Ave AVE Avenue AVE Average AVE Alta Velocidad Espanola (train between Madrid and Seville) AVE Alta Velocidad Española (Spanish: High Speed Train) AVE Audio Video Entertainment AVE Advertising Value Equivalent ., and in Boca Raton at 301 Yamato Road, Suite 2190. The telephone numbers will remain the same. Headquartered in Tampa Bay Tampa Bay, inlet of the Gulf of Mexico, 25 mi (40 km) long and 7 to 12 mi (11.3–19 km) wide, W Fla., separated from the Gulf by numerous small islands; it receives the Hillsborough River. St. , Acordia Southeast is a $300 million (premium) insurance brokerage company, employing nearly 300 people throughout the southeastern United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. . CONTACT: Joanne Rivera, 813/896-3236 |
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