Great American's Parent Company Enters into Agreement to Acquire ABA Insurance Services
Great American is pleased to announce that its parent company, American Financial Group, has reached a definitive agreement to acquire ABA Insurance Services Inc. Based in Shaker Heights, Ohio, ABAIS is a market-leading provider of D&O and other complementary insurance solutions for banks, small businesses and nonprofit organizations. ABAIS becomes Great American’s 34th property and casualty business. As a new member of Great American Insurance Group, ABAIS expands the Company’s ability to offer specialty P&C insurance offerings through the long-standing leadership ABAIS has in the banking industry, as well as its focus on commercial coverages for small businesses and nonprofits.
To learn more, please see American Financial Group’s press release.