(PENNSYLVANIA – Aug. 10, 2023) IMA Financial Group, a North American insurance brokerage firm specializing in risk management, insurance, wholesale brokerage and wealth management, and CDT Insurance Group, a regional property and casualty agency located in Pennsylvania, have agreed to join forces effective August 1, 2023.
“Forming partnerships with enterprises like CDT who echo our devotion to customer care and employee satisfaction is exactly what IMA is looking for,” said IMA President, Pittsburgh Chip Echnoz. “We believe CDT will deliver a strong and positive impact on our IMA Pittsburgh market given their pedigree of personnel and extensive client and COI reach.”
Based in Indiana, Pennsylvania, CDT’s associates focus on energy-related accounts as well as tailored insurance programs for small, mid-size and large businesses including solutions for personal lines insurance. CDT was founded in 2016 by Principals Dan Jack, Carolyn Salapa, and Tyler Grube. Together the company experienced growth of nearly 30% last year. Continuing IMA’s legacy of sustainable growth, CDT will operate as an IMA company.
“IMA’s resource bank and administrative support team, including specialty platforms in energy and construction, will give us the opportunity to exceed historical growth,” said CDT Principal Dan Jack. “We envision this as the perfect partnership that will allow both organizations to continue to flourish within the Pennsylvania community.”
CDT will be able to invest in IMA’s employee-owned brokerage, plus have the capability to offer employee benefits to its existing medium and large-size clients. Given CDT’s key relationships in its community, IMA will possess many new mid-market opportunities within the energy, mining, construction and manufacturing markets, which will continue its strong revenue growth over the last several years.
About IMA Financial Group
IMA Financial Group is an integrated financial services company invested in the future of insurance. Employee-owned, its 2,000-plus associates in offices across the U.S. are empowered to provide customized solutions to meet emerging risks for clients ranging from multinational public entities to small and mid-market companies to individuals and public institutions.