Seeman Holtz Property & Casualty has revealed that it has acquired the life insurance business of Federal Employee Services, in Edmond, Oklahoma.
Federal Employee Services is a financial services company that serves civil service and military employees, helping them understand their financial options as rules and regulations change, a release said.
Following the transaction, Seeman Holtz will be handling and servicing all of the existing life insurance business for this group of federal employees. The company said that the addition of new clientele “provides an excellent opportunity for Seeman Holtz to bring their decades of life insurance expertise to thousands of federal employees across the country.”
In a release, Seeman Holtz said that it continues to target “high-quality” independent agencies to expand its geographic footprint and broaden its presence across the country.
“We are always looking for opportunities to acquire business with federal employees. This acquisition of Federal Employee Services Business is a perfect fit,” commented Seeman Holtz executive vice-president and chief marketing officer Eric Holtz.
“We have always had tremendous expertise with life insurance and are excited to bring our knowledge to this valuable client base. We look forward to working with thousands of federal employees across the country,” added vice-president Brett Williams.