EPIC Insurance Brokers & Consultants has acquired Korotkin Insurance Group for an undisclosed amount. This corporate acquisition sees EPIC, a prominent insurance broker and consultant, buying a long-established insurance provider known for its comprehensive coverage options and client-focused approach. The transaction integrates Korotkin Insurance Group, which has been servicing insurance needs since 1913, into EPIC's expanding portfolio of services.
Korotkin Insurance Group has built its legacy on the mission to protect clients' assets, operating under the motto 'Your Protection is Our Priority.' Since its inception over a century ago, the group has consistently provided all lines of commercial, personal, and life, health, and disability coverages. Its operational philosophy pledges timely, cost-effective, and efficient attention in every aspect of customer contact, with each individual bearing the responsibility to uphold the highest ethical standards.
The acquisition is a strategic move for EPIC, allowing it to significantly enhance its service capabilities and market presence. By incorporating Korotkin's deep-rooted client relationships and extensive experience in diverse insurance lines, EPIC gains a valuable asset that complements its existing brokerage and consulting services. The alignment of Korotkin's century-long commitment to client protection and ethical service standards with EPIC's operational framework is a key driver behind this integration.
This combination is anticipated to yield substantial benefits for clients, offering a broader and more integrated suite of insurance solutions. The integration of Korotkin's specialized expertise and established client base with EPIC's broader resources and network will create a more robust platform for delivering comprehensive risk management and insurance services.
The unified entity is positioned to continue its dedication to client asset protection and service excellence. It will aim to uphold the high ethical standards that have defined Korotkin Insurance Group for over a century, while leveraging EPIC's scale to deliver enhanced value and expanded offerings across the insurance landscape.