Árachas Group Expands Personal Lines Capacity with Strategic Growth Acquisition

Árachas Group Expands Personal Lines Capacity with Strategic Growth Acquisition

Bartlett, Illinois (September 13, 2024) – Árachas Group, a leading provider of innovative insurance solutions, is excited to announce the acquisition of M & H Insurance Agency, an esteemed independent insurance group. This strategic move will further enhance Árachas Group’s ability to deliver unparalleled service and solutions to our clients.

The acquisition of M & H Insurance Agency aligns with the group’s commitment to expanding their footprint and capabilities within the insurance sector. Combining strengths with those of M & H Insurance Agency will allow Árachas Group to offer a broader range of products and services and enhance the overall client experience.
“M & H Insurance Agency has built a stellar reputation in the industry, and we are thrilled to welcome their team and clients to the Árachas Group family,” said Bill Sullivan, CEO of Árachas Group. “This acquisition reflects our ongoing dedication to growth, specifically in Personal Lines. It also expands our footprint in Minnesota and brings exceptional talent and a new partner to Árachas Group.”

M & H Insurance Agency will continue to operate under its existing brand name and will be integrated into Árachas Group over the coming months. Clients can expect the same high level of service and personalized attention they have come to know, along with the added advantages of Árachas Group’s extensive resources and knowledge.
“We are thrilled to announce that M & H Insurance Agency is joining forces with Árachas Group. This marks a new and exciting chapter for us” said Kelly Monkman, owner of M & H Insurance Agency. “By partnering with Árachas Group, we are not only expanding our capabilities but also enhancing the level of service and experience we can offer our clients. We look forward to leveraging Árachas Groups’ resources and network to deliver even greater value to our clients.”

About Árachas Group

Árachas Group is an independent insurance and risk management company offering business, employee benefits, and personal solutions to clients throughout 44 states. Working as one to focus on the needs of our clients, Árachas Group is committed to providing concierge client experience. For more information, visit www.arachasgroup.com.

About Keystone Agency Partners
Keystone Agency Partners (KAP) is ranked by Business Insurance as the 38th largest broker as well as the fastest-growing in the United States. With their recent acquisition of Keystone Insurers Group, KAP represents a unique model that leverages its distribution capabilities to deliver unparalleled growth and profitability. KAP’s platform empowers agencies to thrive, providing best-in-class services and capital investments to unlock potential and drive outsized growth. KAP was founded in 2020 in partnership with affiliates of Bain Capital, LP. For more information, please visit: www.keystoneagencypartners.com.

Media Inquiries
Colleen M. Driscoll, The Yurconic Agency | Chief Operating Officer
cdriscoll@yurconic.com
C: 610-585-6558
O: 610-770-6600 ext. 153

 

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