Brokers

Hoover insurance firm bought by Utah-based brokerage

MK Insurance Group, of Hoover, has been acquired by Utah-headquartered PCF Insurance Services, an insurance brokerage with operations across the U.S. This acquisition marks PCF’s first physical location in Alabama.

“We are excited to welcome the MK Insurance team to our organization,” said Brooke DeWyze, chief development officer of PCF Insurance. “PCF is focused on intentional, strategic growth with businesses like MK that complement our deep bench strength, expand our subject matter expertise on industry verticals and have a solid track record that will enhance our leading position within the industry.”

MK Insurance Group, a third-generation, family-owned commercial and personal insurance agency, specializes in high-net-worth personal lines and serves the construction, real estate and signage sectors.

“At MK Insurance, we have been honored to serve our community with best-in-class insurance and risk management solutions since 1967,” said Greg Mikos, principal at MK Insurance. “We are eager to leverage the deep experience of the PCF team to accelerate our business growth and provide our clients with better coverage solutions, more competitive pricing and increased market access.”

PCF Insurance offers commercial and personal lines, life and health, employee benefits and workers’ compensation solutions through its more than 3,500 employees across the U.S.

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