What's Happening?
Schrager Hampson Aviation Insurance Group (SHAIG) has announced the acquisition of Einstein Insurance Inc., an aviation insurance agency based in New Castle, Delaware. The acquisition, effective January
1, 2026, integrates Einstein Insurance into SHAIG's operations, enhancing its service capabilities in the Mid-Atlantic region. Dennis Einstein, the founder of Einstein Insurance, along with Salli Schoening, will continue with the firm post-acquisition. Additionally, Jessica Petrecz has joined SHAIG as an account executive to assist with serving Einstein Insurance's clients. SHAIG, a family-owned aviation insurance brokerage, is recognized as the largest independent aviation insurance brokerage in the Northeast, serving a wide range of aviation-related businesses across the United States.
Why It's Important?
This acquisition is significant as it represents SHAIG's strategic expansion in the Mid-Atlantic region, strengthening its market presence and service offerings. By integrating Einstein Insurance, SHAIG not only broadens its client base but also enhances its expertise and resources in aviation insurance. This move is part of SHAIG's disciplined growth strategy, which aims to consolidate its position as a leading provider in the aviation insurance sector. The acquisition could potentially lead to improved service delivery and more comprehensive insurance solutions for clients, benefiting aircraft owners, charter operators, and other aviation-related businesses.
What's Next?
Following the acquisition, SHAIG is expected to focus on the seamless integration of Einstein Insurance's operations and clients into its existing framework. This may involve aligning business processes, enhancing client service strategies, and leveraging the combined expertise of both firms to offer more robust insurance solutions. The continued involvement of Dennis Einstein and Salli Schoening is likely to facilitate a smooth transition and maintain client relationships. SHAIG may also explore further expansion opportunities to solidify its market leadership in the aviation insurance industry.
