PRESS RELEASE
EPIC Announces Acquisition of METRO/RISK
San Francisco, Calif. (Aug. 19, 2009) –EPIC (Edgewood Partners Insurance Center) announced today it has entered into an agreement to acquire METRO/RISK.
Established in 1992, METRO/RISK specializes in managing complex global risks in virtually every major industry. Known for the ability to design and deliver innovative, leading-edge risk management and insurance solutions, METRO/RISK has built a global portfolio of clients. The privately-held company is owned by founder D. Michael Enfield and its management staff and maintains offices in San Francisco and Baltimore.
“This acquisition will bring expanded capabilities, unique expertise, more top-tier producers and other talented professionals to EPIC,” commented co-founder John Hahn. “METRO/RISK has built their business on the highest standards of integrity and service excellence and their people and culture are an excellent match with our own. We are very pleased to have Mike and his team join our talented and dynamic group.”
On the heels of its February acquisition of Northern California’s VRT Insurance Services, EPIC’s acquisition of METRO/RISK is the firm’s second significant deal of 2009.
“METRO/RISK and EPIC are both dedicated to providing superior customer service and creating a corporate culture that encourages and rewards innovation and entrepreneurialism,” said Enfield.
“By partnering with EPIC we are better able to attract experienced, creative brokers and client advocates who share our core beliefs and standard of excellence – all for the benefit of our clients. This is a very exciting time to be joining a unique, successful company like EPIC.”
PR Contact
Dave Hock
(650) 295-4608
dhock@edgewoodins.com
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