Business & Tech

Big Acquisition in Birmingham Insurance Market Adds More Than 1,000 New Customers

Byars/Wright, an independent insurance agency with offices in the greater Birmingham area, recently acquired Junkins Yarbrough Corporation.

BIRMINGHAM, AL - One of Birmingham's oldest insurance firms made its largest acquisition to date last week, as Byars/Wright acquired Junkins Yarbrough Corporation in a deal that will add a 20 percent growth in revenue to the firm's portfolio and more than 1,000 new customers. The acquisition will also add five new executives to the company's team.

New executives Donna Leemon, Sally Melton, Ramona Parker, Beau Yarbrough, and Jackie Yarbrough will operate out of the Byars/Wright office in Gardendale. (For more updates on this story and free news alerts for your neighborhood, sign up for your local Birmingham Patch morning newsletter.)

“We are excited to welcome the experienced and well-respected JYC team to our Byars|Wright family,” said Haig Wright II, president of Byars/Wright Insurance. “The addition of this second-generation agency comes naturally as Byars/Wright is continuously building and expanding on our brand and reach based on our guiding principle that relationships matter.”

Find out what's happening in Birminghamfor free with the latest updates from Patch.

Both agencies currently provide a wide range of personal and commercial insurance, with an emphasis on commercial lines. Byars/Wright offers a vast portfolio of insurance markets that JYC will utilize for clients, with its strength of operations to back and support all services.

Find out what's happening in Birminghamfor free with the latest updates from Patch.

Get more local news delivered straight to your inbox. Sign up for free Patch newsletters and alerts.

More from Birmingham