Arlington/Roe Finalizes Acquisition of Wisconsin Surplus Lines Broker
February 1, 2019 - Indianapolis-based managing general agent and wholesale insurance broker Arlington/Roe & Co. has completed the acquisition of Robert W. Schmidt & Company LLC, a special risk broker located in the Milwaukee suburb of Brookfield, Wisconsin.
Robert W. Schmidt & Company was founded in 1991 by Bob Schmidt, Jr.
Arlington/Roe, founded in 1964, is a family-owned managing general agent and wholesale property and casualty insurance brokerage firm headquartered in Indiana with 200 staff members in nine state offices and premium volume over $220 million.
“This purchase allows us to add a ninth state office and effectively doubles our Wisconsin staff,” Arlington/Roe President James A. Roe said in the company’s announcement. “We chose Wisconsin as an expansion state for Arlington/Roe and have three associates working in the state. We are pleased to add three employees formerly with Robert W. Schmidt & Co., and now have a Wisconsin office in the greater Milwaukee area.”