Oswald Companies Continues Growth in Cincinnati With New Corporate Investment and Local Acquisition
CINCINNATI – April 25, 2022 – Oswald Companies, one of the nation’s largest independent insurance brokerage firms, announced today it has acquired Cincinnati-based Gulick Roberts Group, LLC. Financial terms of this acquisition were not disclosed.
Gulick Roberts Group, based in Madeira, was founded by insurance executive Jim Gulick in 2017, and has a staff who has joined Oswald Companies as employee-owners.
“At the core of this merger, it is our improved ability to meet the risk management needs of our clients,” said Gulick. “We are extremely excited about joining Oswald Companies to incorporate the added level of service offered and to access the leading-edge technology solutions to optimize our risk management program.”
“We look forward to joining forces with the team at Gulick Roberts Group to advance our capabilities and continue to deliver our clients the highest level of service in managing their risk management and insurance brokerage solutions,” said Moira Lyon, Market Leader, Oswald Companies.
The Cincinnati office is led by Lyon, who joined Oswald Companies in 2014 and opened the firm’s first office that same year. Since opening in 2014, the office has continued to expand its footprint in the region and grown rapidly in size. The full-service office offers Property & Casualty Insurance, Sophisticated Family Protection, Emerging Risks, Captives, Employee Benefit Plans, and Health Management. In addition to its satellite office in Maysville, KY, partner company and minority business enterprise Taylor Oswald has also recently established an office in Covington, KY.
The acquisition of Gulick Roberts, an agency that specializes in property and casualty, by Oswald Companies follows a recent growth capital investment by Toronto-based Peloton Capital Management (PCM) into the firm and its strategic partner, RCM&D, which in 2020 merged as Unison Risk Advisors (URA). URA features a combined workforce of more than 625 employee-owners in 13 office locations throughout the Mid-Atlantic and Midwest.
URA closed its investment partnership transaction with PCM this month. Marsh, Berry and Co. Inc., served as the exclusive adviser to URA. With the transaction, URA remains privately held, and majority employee-owned, with PCM gaining a minority ownership position. The growth capital investment will accelerate the platform’s organic and transactional growth strategies.
About Oswald Companies:
Founded in 1893, Cleveland-based and employee-owned, Oswald is one of the nation’s largest independent insurance brokerage firms. As a proud Partner of Assurex Global, the world’s largest association of privately held insurance brokers, our risk management professionals service and support the needs of our clients worldwide. Learn more at www.OswaldCompanies.com.
About Unison Risk Advisors
Unison Risk Advisors, a leading independent risk management, insurance and employee benefits firm was established in 2020 through the strategic merger of Oswald Companies and RCM&D. It features a combined workforce of more than 625 employee-owners in 13 office locations throughout the Mid-Atlantic and Midwest. Connect at www.UnisonRiskAdvisors.com.