NEW YORK, N.Y. and SAN FRANCISCO, Calif., Oct. 25, 2017 (SEND2PRESS NEWSWIRE) — Frenkel & Company, one of the nation\u2019s most respected full-service independent insurance brokers and EPIC Insurance Brokers & Consultants, a unique and innovative national retail insurance brokerage and employee benefits consulting firm, announced today that they have joined forces.<\/p>\n
![\"EPIC](\"https:\/\/www.send2press.com\/wire\/images\/17-1025-epic-frenkel-696x522.jpg\" "\\"EPIC")
\nEstablished in 1878 by Emil Frenkel, Frenkel & Company is one of the largest privately-held insurance brokers in the nation. With revenues approaching $80 million, Frenkel was most recently ranked #48 in Business Insurance Magazine\u2019s list of the 100 Largest Brokers of U.S. Business, published in July 2017.<\/p>\n
EPIC, celebrating the firm\u2019s 10th<\/sup> anniversary in 2017, is already one of the 20 largest U.S. retail insurance brokers and, before the addition of Frenkel, ranked #26 among the top commercial insurance broker\/consultants in the world. EPIC has built a strong, positive reputation for service excellence, innovation, community, collaboration and having fun – all in the interest of being a \u201cpeople first\u201d (clients and team members) organization.<\/p>\n \u201cFrenkel & Company has been delivering strategic guidance and service around the risk management, insurance and benefit consulting needs of our clients for nearly 140 years,\u201d said John F. Kelly, President and Chief Executive Officer of Frenkel & Company. \u201cWe believe the decision to join EPIC will help us deliver an even broader and deeper set of capabilities and added value to our clients, with the same commitment to responsive, personalized service that has been a hallmark of our firm since 1878. We are thrilled to join forces with a unique and successful company like EPIC.\u201d<\/p>\n Upon joining EPIC, the firm will operate as Frenkel & Company \u2013 a Division of EPIC. Frenkel & Company\u2019s strong leadership team will play vital, active roles within the integrated EPIC organization.<\/p>\n Said EPIC CEO, John Hahn, \u201cWe found a strong cultural partner in Frenkel & Company, in an important and highly desirable region where we see tremendous opportunities for growth. In combination with our March 2017 acquisition of The Capacity Group and other growth, we have added roughly 450 new team members and now have revenue of more than $150 million in the Northeast Region. Frenkel locations and teams in New York City, Jersey City, Boston, and Los Angeles, will add significant value to our clients across the country and create further opportunities for our employees\u2019 long-term growth and career success.\u201d<\/p>\n EPIC\u2019s Northeast Region President Thomas O\u2019Neil added, \u201cIn addition to the integration and expansion of our respective capabilities, Frenkel & Company provides a strong platform in the Northeast to extend our risk management, property & casualty insurance, international client services, employee benefits consulting, program solutions and private client services to companies across the region, nationally and internationally.\u201d<\/p>\n Weil, Gotshal & Manges, led by partner Christopher Machera, served as EPIC\u2019s legal advisor. KPMG LLP provided accounting and tax advice for EPIC. Morgan Stanley & Co LLC, led by Managing Director Robyn Maslynsky, acted as financial advisor to Frenkel & Company and Morrison Cohen LLP served as Frenkel\u2019s legal advisor.<\/p>\n About Frenkel & Company \u2013 a Division of EPIC:<\/strong> About EPIC:<\/strong> EPIC now has more than 1,300 team members operating from offices across the U.S., providing Property & Casualty insurance, Employee Benefits Consulting, Specialty Programs and Private Client solutions to more than 30,000 clients.<\/p>\n With run rate revenues of roughly $400 million, EPIC ranks among the top 20 retail insurance brokers in the United States. Backed by Oak Hill Capital Partners, the company continues to expand organically and through strategic acquisitions across the country. For additional information, please visit http:\/\/www.epicbrokers.com\/<\/a>.<\/p>\n *LOGO for Media: Send2Press.com\/300dpi\/17-1025s2p-epic-frenkel-300dpi.jpg<\/p>\n","protected":false},"excerpt":{"rendered":" NEW YORK, N.Y. and SAN FRANCISCO, Calif., Oct. 25, 2017 (SEND2PRESS NEWSWIRE) — Frenkel & Company, one of the nation’s most respected full-service independent insurance brokers and EPIC Insurance Brokers & Consultants, a unique and innovative national retail insurance brokerage and employee benefits consulting firm, announced today that they have joined forces.<\/p>\n","protected":false},"author":9780,"featured_media":30313,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[421,1,38,105,8],"tags":[9461],"class_list":["post-30314","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-mergers-acquisitions-news","category-business-news","category-finance-news","category-insurance-news","category-new-york-news","tag-frenkel-and-company","has-post-title","has-post-date","no-post-category","no-post-tag","no-post-comment","has-post-author"],"acf":[],"views":8348,"_links":{"self":[{"href":"https:\/\/www.send2press.com\/wire\/wp-json\/wp\/v2\/posts\/30314","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.send2press.com\/wire\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.send2press.com\/wire\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.send2press.com\/wire\/wp-json\/wp\/v2\/users\/9780"}],"replies":[{"embeddable":true,"href":"https:\/\/www.send2press.com\/wire\/wp-json\/wp\/v2\/comments?post=30314"}],"version-history":[{"count":0,"href":"https:\/\/www.send2press.com\/wire\/wp-json\/wp\/v2\/posts\/30314\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.send2press.com\/wire\/wp-json\/wp\/v2\/media\/30313"}],"wp:attachment":[{"href":"https:\/\/www.send2press.com\/wire\/wp-json\/wp\/v2\/media?parent=30314"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.send2press.com\/wire\/wp-json\/wp\/v2\/categories?post=30314"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.send2press.com\/wire\/wp-json\/wp\/v2\/tags?post=30314"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
\nFrenkel & Company \u2013 a Division of EPIC offers an expansive array of traditional and customized risk management, property & casualty insurance and employee benefits consulting products and services to a broad spectrum of businesses, industries and individuals. Headquartered in New York, NY, the firm has grown organically and through a series of acquisitions and strategic partnerships to become one of the 50 largest brokers of U.S. Business. For additional information, please visit http:\/\/www.frenkel.com\/<\/a><\/p>\n
\nEPIC is a unique and innovative retail property & casualty and employee benefits insurance brokerage and consulting firm. EPIC has created a values-based, client-focused culture that attracts and retains top talent, fosters employee satisfaction and loyalty and sustains a high level of customer service excellence. EPIC team members have consistently recognized their company as a \u201cBest Place to Work\u201d in multiple regions and as a \u201cBest Place to Work in the Insurance Industry\u201d nationally.<\/p>\n