Jack Puckett of Capstone(Photo: Jack Puckett of Capstone)
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Capstone Allowance Services, a Greenville-based firm, is now endemic by a New York-based all-around company.
The aggregation appear Friday that it has been acquired by Marsh & McLennan Agency, the aforementioned aggregation that alloyed with Rosenfeld Einstein, a added than 80-year-old Greenville allowance and agent allowances firm, in 2012.
Marsh & McLennan Agency is a accessory of Marsh, a all-around allowance and accident administration brokerage. Marsh is a accessory of Marsh & McLennan Companies., an $11 billion all-around close that trades on the New York Stock Exchange beneath the attribute MMC.
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Thomas R. Brown, carnality administrator of MMA's Mid-Atlantic region, said Capstone is a "great accession to added admission our bazaar allotment in the Greenville area." He additionally said the aggregation is admiring to be accepting a aerial ability of bounded aptitude to enhance the assets accessible to clients.
Capstone, founded in 1995, is a provider of property/casualty allowance and accident administration solutions to added than 1,000 barter alignment from individuals to above accumulated entities in about every state.
Capstone's president, Jack D. Puckett, said the accretion gives his aggregation added assets with which to advice customers, his nine advisers accept added adherence and the close has admission to added aptitude back they charge it.
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"With the amazing capabilities and assets that MMA brings to bear, we will be alike bigger positioned to advice our clients, administer and alteration their risks," he said.
Capstone will eventually absorb into MMA's absolute Rosenfeld Einstein appointment off South Pleasantburg Drive. The company's advisers will abide to action as a team.
In accession to Puckett, Capstone's administration aggregation includes William Boswell III, controlling carnality president, and Karen Cooper, carnality president.
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Puckett said his close was actuality approached anniversary year by abeyant buyers. Instead of affairs the firm, Puckett's ambition had been to bolster internally.
He said the aggregation had not been on MMA's alarm awning until they were recommended by Rosenfeld Einstein, which was one of Capstone's better and best admired competitors.
With MMA, Capstone now gets "more armament to do our job and we get added time freed up to do it. Operationally, this affair aloof started to attending good," he said
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"I'm assured I'm activity to be able to focus a lot added on the customer. The tradeoff is I am actually giving up, essentially, absolute freedom but I'm giving it up for a acceptable reason," Puckett said.
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