N.J.-Based Marquis Agency Acquires Sharp & Assoc.

Woodbridge, N.J.-based The Marquis Agency announced the asset acquisition of Thomas J Sharp & Associates. The transaction will expand Marquis’ National Professional Services Practice by adding Sharp’s team of brokers and risk managers focused on the design industry.

“Marquis will leverage our new strengths to offer a broad, cost-effective set of insurance, employee benefits, human resources and staffing services focused to meet the sophisticated needs of Architects, Engineers, and Environmental Consultants throughout the nation,” said Lenny Waldhauser, President of the Marquis Agency.

“The decision to join forces with Marquis is in direct response to requests from our clients for assistance addressing some of their most pressing business needs which are impacting their ability to profitably grow their business,” said TJS Principal Rich Hartman. “I’m certain our clients will be delighted to learn about our new ‘single source solution’ covering property & casualty, employee benefits, human resource consulting and staffing, all managed by a knowledgeable and trusted source.”

Marquis is a subsidiary of the NIP Group, Inc., a specialized business insurance and risk management intermediary. The company provides insurance for service professionals including those in the design, real estate, legal, financial services, technology and consulting industries.

Established in 1964, Thomas J Sharp & Associates provides professional liability insurance and comprehensive risk-management services exclusively to design and land surveying professionals for more than 40 years.

Source: Marquis Agency, www.marquisagency.com.