First Mid Insurance Group Expands Services with Acquisition of AAdvantage Insurance Assets

Reuters

2025/07/01

First Mid Insurance Group Expands Services with Acquisition of AAdvantage Insurance Assets

First Mid Insurance Group (FMIG), a division of First Mid Bancshares Inc., has announced the acquisition of certain assets from AAdvantage Insurance, including the Waterman-Neely agency in Chatham, IL. This strategic move aims to expand FMIG's presence in the Springfield, IL, area and enhance its commercial lines capabilities in the Metro East and St. Louis markets. The acquisition will bring experienced team members into FMIG, bolstering the company's industry expertise and ability to provide specialized local service. Clay Dean, CEO of First Mid Insurance Group, emphasized that the acquisition will enhance FMIG's retail and commercial risk management presence in the region and strengthen its commercial team in Edwardsville, IL. Clients transitioning to FMIG can expect a seamless experience with continued support from their existing relationship managers.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. First Mid Bancshares Inc. published the original content used to generate this news brief on July 01, 2025, and is solely responsible for the information contained therein.

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This strategic move aims to expand FMIG's presence in the Springfield, IL, area and enhance its commercial lines capabilities in the Metro East and St. Louis markets. The acquisition will bring experienced team members into FMIG, bolstering the company's industry expertise and ability to provide specialized local service. Clay Dean, CEO of First Mid Insurance Group, emphasized that the acquisition will enhance FMIG's retail and commercial risk management presence in the region and strengthen its commercial team in Edwardsville, IL. Clients transitioning to FMIG can expect a seamless experience with continued support from their existing relationship managers.\n      </p>\n</div><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<em>Disclaimer: <span>This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. First Mid Bancshares Inc. published the original content used to generate this news brief on July 01, 2025, and is solely responsible for the information contained therein.</span></em>\n</div></body></html>\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4211","symbol_name":"區域性銀行","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250701:nNDL6sKHHm:1","article_id":"2548052883","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2548052883","pubTimestamp":1751385194,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"First Mid Insurance Group , a division of First Mid Bancshares Inc., has announced the acquisition of certain assets from AAdvantage Insurance, including the Waterman-Neely agency in Chatham, IL. 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