VestNexus.com

5010 Avenue of the Moon
New York, NY 10018 US.
Mon - Sat 8.00 - 18.00.
Sunday CLOSED
212 386 5575
Free call

Patriot acquires California-based brokerage

Patriot Growth Insurance Services LLC said Wednesday it has acquired The Dougherty Co., a Long Beach, California-based brokerage.

Founded in 1933, Dougherty has about 10 employees and specializes in commercial, marine and captive insurance programs in addition to personal lines.

Dougherty will continue to operate from its current location in Signal Hill, California.

Patriot also acquired Cypress, California-based Bowermaster Insurance Brokers in 2020.

Patriot is the 35th-largest brokerage of U.S. business, according to Business Insurance’s most recent ranking.