King Insurance expands employee benefits operations with acquisition of Eager-1 Marketing Employee Benefits division
GAINESVILLE, Fla., May 24, 2022 /PRNewswire/ -- King Insurance ("King" or the "Company"), a fast-growing full-service insurance brokerage firm that provides a variety of property & casualty as well as employee benefits solutions, announced today the acquisition of the employee benefits business from Eager-1 Marketing ("Eager").
Eager operates out of Ocala, FL as a sister company to a full-service PEO founded by Andrew Mazzurco. "Selling the benefits operation to King will allow the Company to commit more resources to its core PEO operations while improving the service and support to its employee benefits clients under the King platform" said Mr. Mazzurco.
"We are excited to expand our employee benefits practice with this acquisition" said Chad King, Chief Executive Officer of King Insurance. "As of late, we have been growing rapidly on the property & casualty side of our agency. Expanding the employee benefits practice is equally important to us in our growth strategy."
Founded in 1974 and headquartered in Gainesville, Florida, King is a full-service insurance brokerage firm which provides a broad array of property & casualty and employee benefits solutions. Additional information can be found at www.king-insurance.com.
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Chief Executive Officer
Chief Financial Officer
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SOURCE King Insurance Agency