High Street Insurance Partners (HSIP), a full-service independent insurance brokerage firm based in Traverse City, has acquired Hermiston, Oregon-based Simmons Insurance Group (SIG). The terms of the deal were not disclosed.
SIG, founded in 1974 as a full-service insurance agency, will remain under the leadership of agency president Jacob Neighbors. The agency has three offices in the state of Oregon — two in Hermiston, and one in Beaverton.
HSIP has acquired 27 agencies since forming in June of 2018, now operating 55 offices across nine states, including, Colorado, Connecticut, Iowa, Maryland, New Jersey, New York, and Pennsylvania.
Earlier this month the company acquired Paladin Insurance Group based in Far Hills, N.J. In April, they acquired NYAB Insurance and Perry and Carroll Insurance, based in Long Island City, N.Y. and Elmira, N.Y., respectively.
The agency offers business insurance and risk management; employee benefits and human capital management; financial and retirement services; and personal insurance solutions offered by local agencies.