The History of Merit Insurance Services, Inc.
Merit Insurance Services, Inc. is a premier consultative insurance broker, providing insurance and risk management services to a diverse group of commercial clients. We combine our national brokerage expertise with the customer service of an independent agent to provide creative solutions for your business. Though Merit Insurance Services, Inc. has access to all major markets, we pride ourselves as niche specialists with the resources to deliver.
Merit was founded by our President, Fred W. Foote in 1997. The company was originally a captive insurance agency for a large international equity firm whose holdings included three large corporations, and several medium sized businesses. We assembled a skilled national brokerage staff to coordinate the brokering and servicing needs of our affiliated insureds. The primary mission the first several years was to work closely with our clients creating a world class risk management program.
In 2000 Merit began the transition from captive agency to diversified niche retailer. Broker Consolidation, combined with the talent and resources we had brought together, convinced us that the timing was right to offer commercial clients a responsible alternative. Today, Merit’s clients range from small private companies to large national firms.