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MDW Insurance Group Acquires Genesis Risk Advisors

Posted on Tue, Jul. 27, 2010

MDW Insurance Group, a 30-year-old full-service independent insurance agency, announced the asset acquisition of Genesis Risk Advisors, LLC, an insurance sales, risk management and consulting firm that offers a wide array of services including Property & Casualty insurance, Employee Benefits, Executive Benefits and HR Consulting for a wide range of clients throughout Florida. The founders of Genesis Risk Advisors (Gary Farbish, Craig Weinstein, and Charles Goldman) will now lead the expansion of the MDW Insurance Group into Broward County, Florida.

Ivor Bamberger President of the MDW Insurance Group commented, “We are delighted to have such a successful and knowledgeable team of insurance professionals in Gary Farbish, Craig Weinstein and Charles Goldman join our agency as partners. We look forward to their leadership in growing our Broward and Palm Beach practice and the establishment of our first Broward office. The completion of this acquisition represents a significant step for MDW Insurance Group in our strategy to accelerate growth outside of Miami–Dade County.

In a joint statement Farbish, Weinstein and Goldman announced that this marks the beginning of an exciting new era. “The combinations of our unique consultative approach to insurance and risk management, and the resources and professionalism of the MDW organization, provide the perfect platform to enhance the delivery of our products and services.”

“With the Genesis acquisition complete, MDW is a stronger, more broadly based company than ever before, with increased capacity to reach new customers and the ability to provide current clients with enhanced products and services. We look forward to delivering on our promise of being the most comprehensive and integrated full service agency for our clients of all sizes,” said Jeff Weiner, CEO of MDW Insurance Group.

Based in Coral Gables, MDW Insurance Group is a full-service insurance agency offering a broad range of Personal and Commercial insurance coverages and Group Health Benefits from leading insurance carriers. MDW Insurance Group also offers hard-to-find and niche coverage for a large number of commercial clients. Current clients include public and private corporations operating on local, national, and international levels, family-owned businesses, and high net worth individuals. For more information, visit www.mdwinsurance.com.

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