CBIZ Acquires Alliance Insurance Services, Inc.

February 5, 2020

CBIZ, Inc. acquired substantially all assets of Alliance Insurance Services, Inc. (AIS), an independent Washington, D.C.-based insurance agency, effective February 1, 2020. AIS, which has nine employees and about $1.6 million in annual revenue, expands CBIZ's property & casualty presence in the DC metro and Maryland markets.

Buyers
CBIZ, Inc.
Targets
Alliance Insurance Services, Inc.
Industry
Insurance
Location
District of Columbia, United States
Transaction Type
Buyout

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