Ash Brokerage Acquires Kansas Firm

Posted: Updated:
(photo courtesy of Ash Brokerage) (photo courtesy of Ash Brokerage)

Fort Wayne-based Ash Brokerage Corp. has acquired another insurance firm in Kansas. Financial terms of the deal for Target Insurance Services Inc. are not being disclosed, however, the firm will transition to the Ash Brokerage brand.

Target's 30 employees will join Ash Brokerage as a result of the deal. The firm says the acquisition is the result of a long-standing relationship between the two firms.

"Aside from being family businesses, our organizations have a common culture," said Matt McAvoy, president of Target Insurance Services. "We’re both mission-centered, trying to always do the right thing for the people we serve. By combining firms, a larger platform exists to jointly participate in the future of the insurance industry – ensuring consumers’ needs are met in a changing distribution environment. Our alignment with Ash Brokerage is an exciting time for me, our staff and customers."

The acquisition is Ash Brokerage's second in 2018. In March, the firm announced its acquisition of New Jersey-based Zenith Marketing Group. Ash Brokerage says it continues to see opportunities for mergers and acquisitions with "successful, like-minded organization."

(Pictured left to right): Kevin Harty, national director of career sales, Ash Brokerage; Mike Pinkans, executive vice president and chief marketing officer, Zenith Marketing Group; Jason Grover, principal, Ash Brokerage; Jim Ash, founder, Ash Brokerage; Matt McAvoy, president, Target Insurance Services; Tim Ash, CEO, Ash Brokerage; and Scott Fergusson, chief innovation and revenue officer, Ash Brokerage. 

  • Perspectives

    • (photo courtesy of Conexus)

      Getting the Word Out About Manufacturing & Logistics

      As the epicenter of the nation’s advanced manufacturing and logistics industries, Indiana has a compelling story to tell about how Hoosier companies make and move the goods people depend on every day. Our goal is to ensure everyone hears these stories – many of which share a common theme focused on cutting-edge technologies that are transforming the way products are made and moved around the world and the people who use them. Conexus Indiana launched an...



Company Name:
Confirm Email:
INside Edge
Morning Briefing
BigWigs & New Gigs
Life Sciences Indiana
Indiana Connections


  • Most Popular Stories

    • The Kelley School of Business at IU Bloomington is the highest-ranked program in Indiana. (Provided Photo/Indiana University)

      Three Indiana Business Schools Score High Marks

      If your high school student or still “undecided” college student is considering a degree in business, the state of Indiana seems to be a good place to be, and without having to pay out-of-state tuition. Forbes magazine has released its annual listing of The Best Business Schools, specifically those with full-time, residential, M.B.A programs.  

    • (original artist rendering of Merchant's Bancorp HQ) of Carmel)

      Merchants Bancorp to Celebrate New HQ

      Carmel-based Merchants Bancorp (Nasdaq: MBIN) is celebrating Friday the grand opening of its new headquarters. The company says the HQ represents its commitment to long-term and sustainable growth. 

    • (photo courtesy of The Times of Northwest Indiana)

      Valpo Mansion May Fall to Wrecking Ball

      A one-time mansion that once hosted dignitaries and politicians while they visited Valparaiso appears to be facing demolition, following years of decline and disrepair.  The stately mansion, known locally as the Brown home, maybe knocked down and replaced with condominiums, according to our partners at The Times of Northwest Indiana. 

    • The Honda Greensburg plant opened in 2008.

      Honda to Invest $4M, Add Jobs at Greensburg Plant

      The American Honda Motor Co. continues to invest in its Greensburg, Indiana plant as it has announced the factory will be producing the company’s first electrified sport utility vehicle in the U.S. The company says it will invest more than $4 million and add 34 new jobs in the plant to support production of the CR-V Hybrid.  

    • Photo courtesy of Purdue University

      Purdue Offers 'Stranger Things' Replica Tee

      Purdue University has partnered with trademark licensing agent CLC to produce a special-edition replica Purdue shirt that appeared on an episode of Netflix’s “Stranger Things 3.”  The university also teamed up with Venley to accurately replicate the shirt, which will be available at retailers on the West Lafayette campus and online later this month.