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Friday, May 17, 2024

NR West closes buyout of Texas-based Foster Profit Assets


The Insurance coverage Trade’s father or mother firm NR West has concluded the acquisition of Foster Profit Assets, a full-service common company within the North Texas area of the US.

Established in 1990, Foster Profit Assets specialises in delivering utterly coated and self-funded worker advantages.

The corporate aids companies to make assets out there for the organisations’ progress by utilising a talented staff to assist clients navigate by means of a fancy sector and their associations with provider companions.

Foster Advantages’ current footprint in North Texas will enable The Insurance coverage Trade to supply the most recent instruments and applied sciences to brokers and company markets, other than delivering companies to current clients.

Commenting on the deal, The Insurance coverage Trade president John Walker mentioned: “Foster Advantages has established itself as a staple common company within the North Texas market and is well-known for being deeply ingrained in giant regional associations and the neighborhood at giant.

“Our partnership is a testomony to Foster Advantages’ repute, and we look ahead to utilising their 30+ years of expertise and long-standing business relationships to additional strengthen our choices within the area.”

Foster Advantages’ retiring president Kim Foster mentioned: “As we enter the following part in Foster Advantages’ evolution, we look ahead to working with The Insurance coverage Trade to create new alternatives for the enterprise and our representatives as we place ourselves because the supplier of selection within the North Texas worker advantages business.”

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