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CBIZ acquires New Providence insurance broker Centric

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Ohio-based business services provider CBIZ announced Wednesday its acquisition of New Providence-based insurance broker Centric Insurance Agency. Financial details of the transaction were not disclosed.

Centric, established in 1994, is an insurance broker providing property and casualty insurance, with a specialty in education and public schools. This acquisition is expected to add 10 employees and approximately $1.6 million to CBIZ annual revenue, according to the announcement.

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