The Merriam Agency Acquires Latham-based Corporate Benefit Planning

Schenectady-based Merriam Insurance, which announced the deal on Tuesday, did not disclose financial terms. The acquisition closed the previous Monday. Corporate Benefit Planning is located in Latham, NY.

Carol Bowman, prior Manager of CBP, said, “We strongly believe that The Merriam Agency will continue the personalized and excellent service we have provided to our valued clients and we are pleased that The Merriam Insurance Agency is available to provide … an expanded service and product line.”

Brian H. Merriam, President of Merriam Insurance, stated, “The Merriam Agency has been meeting the needs of our clients for 119 years.  As their needs change, so too must our offerings to them.  CBP offers a complement to our clients’ health insurance needs made more necessary because of the ACA (‘Obamacare’).  CBP has a similar commitment to excellence that attracted us to them. The acquisition fits well with the current direction of the agency, which has been serving the personal and commercial needs of both local and national clients since founded in 1895.”

Brian H Merriam, CPCU, ARM, AAI, President

About Brian H Merriam, CPCU, ARM, AAI, President

Brian began his career in the insurance business with his father in 1983 as a general lines producer. Since his father's retirement in 1989, he has been responsible for agency personnel, marketing and sales strategy. He instructs on insurance and risk management topics for various organizations around the United States and is active in church and community affairs. He is married and the father of three children. Brian considers himself blessed to work with his clients and staff and trusts that the Merriam Agency is making a positive difference in the lives of others.

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