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Afore Insurance Services acquires Salzberg Insurance Agency
Yahoo Financeยท2025-11-05 11:57

Core Insights - Afore Insurance Services has completed the acquisition of Salzberg Insurance Agency, which has a long-standing history of 87 years in providing commercial and personal insurance in Norfolk, Virginia [1] - The integration of Salzberg Insurance into Afore's Mid-Atlantic operations will be facilitated through BCA Insurance, the regional platform partner [1] Company Operations - The existing leadership and staff at Salzberg will remain in place, continuing to serve local customers while leveraging Afore's resources, including carrier partnerships and technology systems [2] - Ralph Soussan, principal of Salzberg Insurance Agency, emphasized the commitment to preserving local heritage and enhancing client relationships while gaining access to Afore's national resources [2] Strategic Vision - Afore was chosen as a growth partner due to shared values and vision, with plans to expand by adding new personnel and offices throughout Virginia [3] - Afore CEO Michael A Garguilo expressed delight in welcoming the Salzberg team, acknowledging their legacy in Norfolk and the Hampton Roads region [3] Future Plans - This acquisition marks the first of several planned by Afore in Virginia and the Mid-Atlantic region, with additional agency acquisitions expected soon [4] - Earlier in July, Afore also acquired TailoredRisk Insurance Advisors, a Florida-based personal lines agency, indicating a broader strategy for regional expansion [4]