#United States #Insurance Acquisition #Walnut Creek #Heffernan Insurance #Walterry Insurance

Heffernan Insurance Brokers Expands Through Acquisition

Heffernan Insurance Brokers, a leading full-service independent insurance brokerage firm in the United States, has recently made headlines with its acquisition of Walterry Insurance Brokers, an independent agency located in Clinton, Maryland. This strategic move, finalized on May 1, 2026, marks a significant step in Heffernan's ongoing expansion strategy and enhances its presence within the Washington, D.C. metropolitan area.

Walterry Insurance Brokers has a rich history, having served clients since 1968. The agency specializes in providing tailored insurance solutions particularly in media liability, professional liability, and business insurance. With over 50 years in the industry, Walterry has established a robust clientele, including newspapers, broadcasters, film and television producers, and nonprofit organizations. In addition to its core offerings, the agency also supplies commercial and personal insurance, as well as life and health coverage.

The acquisition not only enhances Heffernan’s portfolio but also diversifies its specialized capabilities in key areas such as media and professional liability insurance. F. Michael Heffernan, the President and CEO of Heffernan Insurance Brokers expressed excitement about this acquisition: “We are thrilled to welcome Walterry Insurance Brokers to our family. Their extensive experience and client dedication complement our mission perfectly, and we look forward to collaborating as they continue to serve their clients with excellence.”

On the other hand, Walterry’s Vice President, Bill Coady, acknowledged the advantages of joining forces with Heffernan. He stated, “We are pleased to become a part of Heffernan Insurance Brokers and are eager to explore new opportunities for our team and clients moving forward. Heffernan's commitment to client service and the wealth of resources will enhance the values we have built over the years.”

As Heffernan pursues further growth, the company remains interested in collaborating with independent brokers across the nation. Their strategic focus on mergers and acquisitions seeks to leverage the strengths of various independent firms to provide enhanced services and broaden the scope of their offerings.

Founded in 1988, Heffernan Insurance Brokers has grown to be among the largest independent brokerage firms in the U.S., specializing in comprehensive business insurance, personal insurance, employee benefits, and financial service solutions tailored to a diverse range of client needs.

With a headquarters in Walnut Creek, California, Heffernan has built a nationwide presence, allowing them to address the unique requirements of nearly every industry sector. The firm is recognized not only for its expansive reach but also for its outstanding workplace culture, having been named as one of the insurance industry's 'Best Agencies to Work For' and consistently featured as a 'Top Corporate Philanthropist.'

In conclusion, the acquisition of Walterry Insurance Brokers underscores Heffernan's commitment to broaden its expertise and resources, ensuring that it continues to support its clients with the highest level of service. For more information about Heffernan Insurance Brokers, you can visit their official website at www.heffins.com. This acquisition sets the stage for a promising future as both companies align their strengths and values to better serve their clients in the dynamic insurance landscape.