Overview of Transaction

​​

• Morris Insurance Group and PL Marti Insurance Agency (Morris, collectively) were founded in 1983 and 1951, respectively. The company focuses on P&C coverages and is led by Bruce Morris, who has more than five decades of industry experience.

• Headquartererd in Rochester, MI, Morris is a full service insurance agency focused on serving clients throughout the Midwest. 

• Morris agreed to partner with World Insurance Associates, a top 100 Independent Property/Casualty Agency.

​

Significance of Transaction​

​

• By joining forces, Morris and World will be able to combine their expertise and resources to provide even greater value to their clients. Morris’ industry knowledge and experience, combined with World’s national network and resources, will provide clients with access to a wider range of insurance options and enhanced risk management solutions.

• The acquisition will provide the Morris team with robust resources, as well as the support to target larger accounts with more complex risks. 

​

Sica | Fletcher's Role

​

• Sica | Fletcher was hired to serve as exclusive strategic and financial advisor to Morris and explored multiple options for the firm before its decision to partner with World.

• This transaction underscores Sica | Fletcher's unparalleled relationships with top-tier investors in the insurance sector.