ThomasNet News Logo
Sign Up | Log In | ThomasNet Home | Promote Your Business

CBIZ Acquires Major Provider of Innkeepers' Insurance

Print | 
Email |  Comment   Share  

(Archive News Story - Products mentioned in this Archive News Story may or may not be available from the manufacturer.)

CBIZ Benefits & Insurance
66-D Lebanon Ave.
Uniontown, PA, 15401
USA



Press release date: February 5, 2008

CLEVELAND, Feb. 5 - CBIZ, Inc. (NYSE:CBZ) today announced that effective February 1, 2008, it has acquired substantially all the assets of NAIS, Inc., which provides innkeepers insurance programs marketed through James Wolf Insurance and Old Line Insurance. NAIS, Inc., located in Frederick, MD, is one of the largest providers of innkeepers' insurance in the United States.

NAIS, Inc. was initially founded in 1972 as a general multi-lines insurance agency. In 1991, NAIS pioneered a niche insurance program custom designed for the innkeeper industry which successfully combines homeowner and commercial insurance. NAIS, Inc. recorded approximately $2.1 million in revenue over the past 12 months and has approximately 25 employees.

Steven L. Gerard, CBIZ Chairman and CEO, stated, "We are excited to welcome Scott Wolf and his talented team to CBIZ. Their expertise and nationally recognized programs in this fast-growing industry will be an excellent compliment to CBIZ's insurance services."

CBIZ, Inc. provides professional business services that help clients better manage their finances, employees and technology. As the largest benefits specialist, one of the largest accounting, valuation and medical practice management companies in the United States, CBIZ provides its clients with integrated financial services which include accounting and tax, internal audit, merger and acquisition, and valuation. Employee services include group benefits, property and casualty insurance, payroll, HR consulting and wealth management. CBIZ also provides information technology, hardware and software solutions, government relations, healthcare consulting, and medical practice management services. These services are provided throughout a network of more than 140 Company offices in 34 states and the District of Columbia.

Source: CBIZ, Inc.

CONTACT: Lori Novickis, Director, Corporate Relations of CBIZ, Inc., +1-216-447-9000

Web site: http://www.cbiz.com/
Print | 
Email |  Comment   Share  
Contacts: View detailed contact information.


 

Post a comment about this story

Name:
E-mail:
(your e-mail address will not be posted)
Comment title:
Comment:
To submit comment, enter the security code shown below and press 'Post Comment'.
 



| Featured Manufacturing Jobs
 Other News from this company:
CBIZ to Buy Shares from Founder
More ....
 Tools for you
Watch Company 
View Company Profile
Company web site
More news from this company
E-mail this story to a friend
Save Story


Home  |  My ThomasNet News®  |  Industry Market Trends®  |  Submit Release  |  Advertise  |  Contact News  |  About Us
Brought to you by Thomasnet.com        Browse ThomasNet Directory

Copyright © 2014 Thomas Publishing Company. All Rights Reserved.
Terms of Use - Privacy Policy



Error close

Please enter a valid email address