Highstreet Insurance Partners, a full-service independent insurance agency in Traverse City, has acquired Ontario, Calif.-based Hanasab Insurance Services Inc., its second acquisition announced in the last week.
“We are delighted to have Farhad and his talented team join us,” says Scott Wick, founder and CEO of Highstreet. “With the addition of Hanasab Insurance, we have expanded our footprint into the California and Nevada markets and are now even better positioned to address the diverse insurance needs of clients nationally, as well as leverage the strong real estate capabilities the team has built.”
Hasanab offers a variety of personal insurance services, including automotive and motorcycle, homeowners, annuities, term life, permanent whole life, disability, motor home, medical malpractice, business, and group health coverage.
“We are excited to be part of the Highstreet family of exceptional companies serving clients across the country,” says Farhad Hanasab, president of Hanasab Insurance. “Highstreet gives us the opportunity to be part of a team where we can leverage each other’s strengths to better serve our community.”
Highstreet, one of the fastest growing insurance agencies in North America, has now completed 137 transactions since forming the company in mid-2018. Hanasab Insurance is the 41st transaction of 2022.
Highstreet announced the acquisition of Clarke & Sampson Insurance in early December. Read DBusiness coverage of the acquisition here.
