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S. S. Nesbitt & Co., Inc., Grows with Acquisition of ANB Insurance Services from Alabama National BanCorporation

Effective May 1, 2007, S.S. Nesbitt & Co. acquired the assets and business of ANB Insurance Services, Inc. (ANBIS). ANBIS was a subsidiary of Alabama National BanCorporation, a publicly traded financial institution headquartered in Birmingham. The acquisition makes S. S. Nesbitt & Co. one of the 10 largest insurance agencies in Alabama.

ANBIS is a leading independent insurance agency offering a full line of commercial, personal and employee benefits insurance products. The company has 35 employees operating from offices in Birmingham, Decatur and Huntsville, Alabama; Orlando, Florida; and Austell, Georgia.

ANBIS CEO Richard Pardue will serve as the COO of S.S. Nesbitt. A 30-year industry veteran, Pardue is also a former COO of Hilb Rogal & Hobbs (HRH) Company’s Birmingham office.

Based in Birmingham, S.S. Nesbitt offers business liability and property and casualty insurance as well as personal auto and homeowners insurance. The company specializes in claims handling and loss prevention services. S. S. Nesbitt & Co. is a subsidiary of EBSCO Industries, Inc. (www.ebscoind.com).

S.S. Nesbitt and ANBIS plan to relocate their Birmingham offices to the former Colonial Properties office space on Blue Lake Drive in the fall. Until then, the ANBIS Birmingham office will continue to operate from its downtown location, and S.S. Nesbitt will operate from its current location in the Colonial Bank Building, (205) 870-1316.

The contact information for ANBIS is as follows:

ANB Insurance Services, Inc.
1927 1st Avenue North, 4th Floor
Birmingham, AL 35203
205.421.2268 (main)
205.421.2412 (fax)

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