LARGEST LOCALLY OWNED EL PASO INSURANCE AGENCY MAKES NINTH ACQUISITION
Mt. Franklin Insurance Acquires Property and Casualty Business of Balmer Insurance
EL PASO, Texas, January 5, 2021 – Bill Carvajal and Shane Lipson, principals and co-founders of Mt. Franklin Insurance, announce the acquisition of the property and casualty business of Balmer Insurance Group effective December 15, 2020. Balmer Insurance Group was founded in 1985 and is a full service agency located at 481 N. Resler, Suite D. Dean Balmer, its founder, continues to provide employee benefits services, while partnering with Mt. Franklin to transition property and casualty clients. This is the ninth acquisition by Mt. Franklin Insurance since its founding in 2010 and enhances Mt. Franklin’s position as the largest independent, locally owned insurance agency in El Paso. Mt. Franklin is a full service brokerage offering commercial and personal insurance from locations in West, Central and East El Paso.
“We are thrilled to welcome Balmer Insurance Group’s clients to Mt. Franklin Insurance. Dean Balmer is a well-respected insurance professional with an established client base,” said Lipson, a native El Pasoan with extensive experience in insurance operations, “Our dedication to providing excellent customer service and access to quality carriers are the principles that drive our growth.”
“I chose to transition my property and casualty clients to Mt, Franklin because I know the agency will continue to care for my clients just as I have for decades. Becoming a part of Mt. Franklin Insurance will be a benefit to all our clients, providing them with even more choices for their insurance needs, expanded hours, and expanded office options,” stated Balmer.
The Resler location remains open and the Balmer Insurance Group’s property and casualty customer service representatives have joined Mt. Franklin Insurance and will continue to service their current clients.