H.U. Dove & Company Joins PSA
Posted in: News
Independent insurance brokerage and risk management firm merges with trusted insurance partner amid global pandemic
Baltimore, MD (July 27, 2020) – PSA Insurance and Financial Services (PSA), an independent insurance brokerage firm known for its national-caliber capabilities, announces today the acquisition of H.U. Dove & Company. H.U. Dove & Company, a 175-year old Baltimore-based company, is recognized for its enduring client relationships and deep market knowledge. The acquisition, final as of April 1, 2020, was seamless as a result of PSA’s ability to adapt during the era of remote working and COVID-19.
“Our work to integrate H.U. Dove & Company is something we are deeply proud of. Our team really showed their adaptability and determination, especially during times of uncertainty,” said Frank Giachini, EVP, Property & Casualty Practice Leader of PSA. “We are so excited to welcome the talented H.U. Dove team albeit, completely virtually. This group is renowned for extraordinary service and sound advice, which is more important than ever as we guide our clients through today’s uncharted territory.”
Both firms are known for a similar people-first approach to serving the greater Baltimore community and beyond. Together with their expertise and human touch, Giachini predicts continued future growth. “We’re grateful we have been able to remain vibrant and continue to grow during this unparalleled moment in history. Unsteady times like these expose what companies are truly made of, and we look forward to continuing our advancement and being an ally for our clients as we weather this storm,” Giachini added.
To better assist their partners during these unpredictable economic times, PSA has assembled a Coronavirus taskforce and curated a business resource center on their website. In combination, these resources serve as a comprehensive guide for their clients to reference the most up-to-date information regarding commercial and personal insurance, health practices, group benefits, compliance resources, Human Resources concerns, cybersecurity updates and more. Clients have unique access to experts in each of these areas, including on-staff workplace safety management, claims advocacy, and health risk management for the organization. In addition, PSA has pivoted to offer clients access to top tier speakers on adaptability and resilience in lieu of in-person events, the first of whom was Major General (Retired) Mike Rothstein, who shared his experience leading through the Great Sendai Earthquake of 2011 in Japan.
“We couldn’t be more impressed with the way in which this merger has gone,” noted Albert Lietzau IV, President, H.U. Dove & Company. “To onboard an entire company virtually is not an easy task, but through PSA’s forward-thinking approach to technology and fearless leadership, we’ve had a smooth transition. We’re proud to now be a part of PSA’s story, bringing together two long-standing institutions in the Baltimore market, and look forward to continued success for years to come.”
Both firms are known for a similar people-first approach to serving the greater Baltimore community and beyond. Together with their expertise and human touch, Giachini predicts continued future growth. “We’re grateful we have been able to remain vibrant and continue to grow during this unparalleled moment in history. Unsteady times like these expose what companies are truly made of, and we look forward to continuing our advancement and being an ally for our clients as we weather this storm,” Giachini added.
For more information about PSA, its growth and modern approach to insurance and risk management, visit www.PSAfinancial.com.ueb
About PSA Insurance and Financial Services (PSA)
PSA is the Mid-Atlantic region’s leading independent insurance brokerage and risk management firm, providing employee benefits, commercial insurance, risk management and personal insurance solutions. We’ve been assisting clients in growing and protecting their assets since 1928. With our vast knowledge, experience and resources, we can provide national-caliber capabilities with local service.
Media Contact
Quinn Collins
quinn@collins-company.com
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