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Cook Maran, Gundermann
Cook Maran & Associates, one of New York and New Jersey's largest insurance brokers, will acquire Gundermann & Gundermann, a third-generation, family owned company that's grown into a top 25 New York insurer since it was founded in 1937.
Both agencies offer commercial, personal and employee benefit policies to individual and business clients.
Gundermann specializes in insurance for franchised car dealers, and through its continuing partnership with Direct Dealer Services, provides finance and insurance products to dealer clients.
This is Cook Maran's second recent partnership with an area agency, having acquired New Jersey-based Mintz, Girgan & Brightly (MGB) in January. Similar to that deal, Gundermann & Gundermann will continue to do business under the Gundermann name, with existing management and staff in their current roles.
Customers will work with familiar faces in the agency's Huntington, N.Y., office, with the added expertise of the combined agencies' professionals at six offices across the tri-state area. In merging with...