Nashville-based Bankers Insurance buys man, Smith & Cummings; Eyes Ky., Ga.
Nashville, Tenn.-based Bankers Insurance Group bought man, Smith & Clark Cummings of the City of Synaxis Group, including Nashville. The purchase involves Bankers annual premium income of up to $ 20 million. Mann, Smith provides commercial insurance for small businesses and personal lines such as auto insurance for individuals.
Cummings and David Walton Smith is to continue as Executive Vice-Presidents, a man of 18 employees, Smith Agency.
The purchase of Bankers insurance can offer lines as well.
The acquisition is significant as insurance Bankers, because it has the intention of its products through banks in Kentucky and Georgia. In the Blue Grass State, the company recently began the environment by ensuring the mention of the Bankers Association of Kentucky.
”As this agency is the limit in Kentucky, we can access much easier in Kentucky,’’said Arnold. He said that the transaction is the first step in expanding plant. Bankers sold more than 50 insurance products by more than 30 community banks.
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