This week, Bill Carvajal and Shane Lipson, principals and co-founders of Mt. Franklin Insurance, announced the acquisition of the property and casualty business of Balmer Insurance Group.
“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.”
Founded in 1985, Balmer Insurance Group is a full service agency located at 481 North Resler, Suite D. Dean Balmer, its founder, continues to provide employee benefits services, while partnering with Mt. Franklin to transition property and casualty clients. The acquisition took place on December 15, 2020.
“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.
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.