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Frost Insurance Takes Over Insurance Options In US

Insurance Options offers employee benefits, life and health insurance, long-term care and medicare supplements

Frost Insurance has acquired independent insurance agency Insurance Options in San Marcos – reported in Austin Business Journal.

Insurance Options offers employee benefits to small and mid-size businesses. It also offers life and health insurance, long-term care and medicare supplements for individuals, families and small businesses.

Insurance Options is Frost Insurance’s 10th insurance-related acquisition in recent years. Others include Austin-based Prime Benefits and Dallas-based R.G. Seeberger Company.

Dick Evans, chairman and CEO of Cullen/Frost Bankers, said: “With this acquisition in San Marcos, we are reinforcing our commitment to building a first-class insurance brokerage operation statewide.”

Frost Insurance is the insurance subsidiary of Frost Bank which markets a range of property and casualty, group employee benefits, estate planning, business succession and personal insurance.