HMS Agency Inc. (HMS), a family-owned and operated insurance agency based in Albany, N.Y., has acquired Adirondack Family Insurance Services of Saratoga Springs, N.Y.
The purchase agreement was finalized on July 1, 2018, and represents the fifth acquisition by HMS since 2014. HMS is a full-service agency that specializes in all lines of commercial and personal insurance, in addition to offering a full range of employee benefits.
In a company press release, HMS Director Stephen Mather said that each acquisition supports the firm’s entry into new and adjoining markets, allowing it to expand its geographic access to the Saratoga district and surrounding areas.
HMS is a long-standing member of the Satellite Agency Network Group Inc. (SAN), an alliance of independent insurance agencies in the Northeast.
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