FRISCO, Texas–NR West, the parent company of The Insurance Exchange, a premier Dallas-based General Agency, today announced that it has completed its acquisition of Foster Benefit Resources, a full-service General Agency specializing in fully insured and self-funded employee benefits in the North Texas area.
Foster Benefits has a history of providing superior service to its clients through its dedicated team, a majority of whom have a tenure of 10+ years. Moving forward, brokers can continue to expect the same industry-leading service and expertise, along with expanded resources and employer-benefit solutions.
“Foster Benefits has established itself as a staple General Agency in the North Texas market and is well-known for being deeply ingrained in large regional associations and the community at large,” said John Walker, President at The Insurance Exchange. “Our partnership is a testament to Foster Benefits’ reputation, and we look forward to utilizing their 30+ years of experience and long-standing industry relationships to further strengthen our offerings in the region.”
Through this acquisition, The Insurance Exchange will leverage Foster Benefits’ strong presence in the North Texas area to deliver new tools and technologies to the broker and agency market while continuing to provide best-in-class services to their existing clientele.
“We are thrilled to welcome Foster Benefits, a firm with a long-standing commitment to delivering exceptional results, to the NR West family,” said John Nelson, Co-CEO of Warner Pacific. “Partnering with Foster Benefits enables us to pursue strategic opportunities aimed at providing our customers with an expanded range of high-quality services as we continue to innovate new products and scale our offerings.”
Kim Foster, who will be retiring as President of Foster Benefits, added: “As we enter the next phase in Foster Benefits’ evolution, we look forward to working with The Insurance Exchange to create new opportunities for the business and our representatives as we position ourselves as the provider of choice in the North Texas employee benefits industry.”
Source: Warner Pacific
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