Heffernan Insurance Brokers, a US-based insurance brokerage firm, has acquired twentytwenty Insurance Services based in Cypress, California.

twentytwenty Insurance Services’ founder and CEO — Sima Reid along with her team members have joined the new Cypress office of Heffernan Insurance Brokers.

F. Michael Heffernan — President and CEO of Heffernan Insurance Brokers said: “We’re excited to bring Sima and her team on board to bring enhanced expertise to our benefits practice, grow our southern California presence, and enable them to continue to provide top notch service to their clients.”

Established in 2001, twentytwenty Insurance Services focuses solely on employee benefits and managed care stop loss.

The insurance agency in Cypress is said to specialize in the administration and implementation of complex medical programs, integration of wellness and health plans as technology and employee education.

twentytwenty Insurance Services caters to businesses from Hawaii to the East Coast. It is claimed to have an extensive portfolio of clients such as restaurants, manufacturing firms, non-profit organisations, and healthcare organizations.

Sima Reid said: “We are excited that twentytwenty who’s vision of bringing complex insurance issues into focus will be a part of the Heffernan family. We thank our clients for our success over the past 20 years. Our commitment to our clients and our twentytwenty team continues to be our focus.

“We look forward to an exciting future in bringing additional expertise in property casualty and workers’ compensation to our clients.”

  California, Cypress, employee benefits, F. Michael Heffernan, Heffernan Insurance Brokers, Insurance acquisition news, Insurance industry news, managed care stop loss, Sima Reid, twentytwenty Insurance Services, USA