Baltimore, MD (January 1, 2022) – Maury, Donnelly & Parr, Inc. (MDP) announced today that is has acquired a majority stake and new partner in Erwin Insurance Agency (EIA). The transaction became effective January 1, 2021. This new acquisition merges a successful Jacksonville, FL Erwin team, while extending MDP’s reach further down the East coast. Erwin will maintain their business, utilizing MDP’s assets such as Accounting, Human Resources, Operations, Carrier Partnerships and Marketing, to excel growth within the Florida marketplace. MDP will also now have access to new carriers, many Florida based, and a team of professionals who have expertise navigating the Florida property complexities.
“We are ecstatic to enter the Florida marketplace more prominently, as Florida is MDP’s third largest state in written premium,” said Brian Phoebus, Managing Partner, and Executive Vice President of MDP. “We believe Erwin’s employees and clientele fit very well into MDP’s expertise and culture, which will allow us to gain additional market share. We are excited about this new relationship and look forward to future success.”
In addition to the partnership, MDP and Erwin will look to fulfill mutual clients service and risk management needs. Together, the team will be able to add a tremendous level of value to an ever-growing client base via new carrier access points, streamlined technology investments, dedicated service teams, in house risk management team, loss control team, in house claims management, and a strong commitment to protecting its clients.
CONTACT INFORMATION
Brian Phoebus
Executive Vice President
bphoebus@mdpins.com
410-547-3188
ABOUT MDP
Founded in 1875 as a marine insurer to the businesses that utilized the Port of Baltimore, Maury, Donnelly & Parr, Inc. (MDP) operates today as an agent, consultant, broker, and risk manager in the insurance industry. As one of the oldest insurance firms in the Mid-Atlantic region, MDP continues to be a force within the industry.
