Heffernan Insurance Brokers has purchased the assets of the Newport Beach, CA-based firm Henderson Insurance.
Operating for more than 47 years, Henderson Insurance is an expert in providing specialty insurance to the dry cleaner and laundry industries. A release said that the acquisition of Henderson will be a “pronounced enhancement” to Heffernan’s niche practices.
Following the acquisition, the Henderson team will join HeffDirect, a division of Heffernan Insurance Brokers, effective December 01, 2019. Henderson executives Scott Henderson, Laura Henderson, Jackie Smith, Julie Nii, and Eric Manzo will also join Heffernan’s operations.
“Henderson’s unique skillset and knowledge of the dry cleaning and laundry industry will be a great addition to the team,” commented Heffernan president and CEO F. Michael Heffernan. “We’re looking forward to expanding our niche practices and our future together.”
Henderson Insurance president Scott Henderson commented that cleaners and laundries have changed since his company first insured a single-location cleaner. Modern cleaners are now more sophisticated, and are multi-location enterprises with more complicated insurance needs.
“Heffernan gives us broad policy offerings to allow us to fully serve the insurance needs of every cleaner and laundry, regardless of size,” explained Henderson, who added that the acquisition allows the team to expand its offering, from serving only seven states to providing insurance to cleaners anywhere in the US.
