Founded in 1968, Walterry brings deep specialization in serving newspapers, film and television producers, and nonprofit trade associations to the Heffernan portfolio. The firm’s long-standing focus on professional and media liability complements the buyer’s existing service offerings, while providing a foothold for Heffernan’s broader expansion strategy across the United States.
Heffernan Insurance Brokers Expands East with Walterry Acquisition
Heffernan Insurance Brokers has finalized the acquisition of Maryland-based Walterry Insurance Brokers, a firm with over five decades of expertise in media and professional liability coverage. The deal, which took effect May 1, 2026, marks a strategic push for the Walnut Creek, California-based company into the Washington, D.C. market.
F. Michael Heffernan, President and CEO, noted that the integration of the Clinton, Maryland team aims to bolster specialized capabilities while maintaining the agency's client-focused service model. Bill Coady, Vice President of Walterry, stated that the transition allows the team to leverage Heffernan's extensive resources and national network, ensuring continuity for clients who have relied on their coverage solutions for years.
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