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Atlantic Risk Specialists acquires Insurex

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Mahwah-based Atlantic Risk Specialists announced Saturday it has acquired Paramus-based Insurex. Financial terms were not disclosed.

Atlantic represents more than 100 insurance markets, and has offices in New Jersey, New York and Florida, according to the announcement.

The deal adds brokers from Insurex to Atlantic’s roster of retail agents. Lack of overlap between the two ensures an expansion of Atlantic’s resources following the acquisition, which closed July 15.

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