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Home > Blog > Lohman Companies acquires Schroder Insurance
TUESDAY, APRIL 25, 2023

Lohman Companies acquires Schroder Insurance

Lohman Companies is excited  to announce they have purchased E.H. Schroder Insurance Agency. DeAnn Bell  from E.H. Schroder Insurance has joined Lohman Companies. E.H. Schroder’s office will close and combine with the Lohman Companies office in Moline. Lohman Companies welcomes all E.H. Schroder Insurance customers and is happy to answer any and all questions from those customers about the transition. Lohman Companies can continue fulfilling the insurance needs of new and transitioning customers with their range of insurance products, including Business, health, life, disability, auto, homeowners insurance, and many more insurance options. Customers who have questions are welcome to call the Lohman Companies Moline office at (309) 764-8331 or visit the office at 3901 15th Street D, Moline, IL 61265. Hours 8-5 M-F

In a Quad City Times article covering this acquisition it states, "After 103 years in business in Rock Island, the E.H. Schroder Insurance Agency has closed. But that's not the end of its legacy. Lohman Companies, an insurance firm that is celebrating 70 years of business this year, has acquired Schroder. Co-owner Scott Lohman said the sale of Schroder Insurance was on the table for several years, but the pandemic slowed the acquisition process..."We felt comfortable that it would be a good marriage between the two entities to carry on what they had done because they had 100 years with an excellent reputation in the Quad-Cities," Lohman said. With the now-increasing client list, Lohman Companies has continued to grow its team, he said. The company has an office in Moline and its original office in Geneseo."

To read more checkout us on Quad-City Times here!

Posted 1:54 PM

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NOTICE: This and all content is developed from sources believed to be providing accurate information. The information in this material is not intended to be used as tax or legal advice. Please consult with a tax and/or legal professional for detailed information regarding your individual situation. Some of this material was developed and shared by Lohman Companies to provide information that may be of interest. Lohman Companies is not affiliated with the named representative, broker-dealer, state- or SEC-registered investment advisory firm. The opinions expressed and material provided are for general information, and should not be considered a solicitation for the purchase or sale of any security.
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