Service is a part of our name.
Servco Pacific Insurance is an insurance brokerage firm comprised of experts offering a suite of insurance solutions including commercial insurance, employee benefits, risk management, and surety. We specialize in overcoming challenging and often unprecedented coverage needs. Our experienced, creative, and dedicated industry experts possess the vision and industry relationships to tell our clients’ stories with the expertise and reasoning needed to obtain the best coverage and pricing. Our innovative team never says that something cannot be done simply because it hasn’t been done before.
Servco Pacific Insurance by the Numbers
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Servco Pacific, Inc., a Hawaii based automotive company, diversified in 1971 by acquiring American Insurance Agency (AIA) primarily serving the Hawaii marketplace with insurance offices throughout Hawaii including O‘ahu, Maui and Hawaii Island. In 2002, Servco renamed AIA to Servco Insurance Services (SIS). During this period, SIS expanded into the marine, large specialty commercial and employee benefits practices in Hawaii by attracting and acquiring highly reputable industry experts from leading national brokerage firms, including Dean Hirahara (insurance) and Malcolm Tajiri (employee benefits). Matched with its already well established individual and business insurance divisions, SIS became one of the largest agencies in Hawaii with capabilities serving a range of clientele.
In 2010, with its growing marine reputation, SIS expanded to Washington State creating a partnership with marine insurance experts Graham Gardner and Trond Bodal called SIS Washington, LLC. (SISW) located in Seattle. Over the next several years, the firm opened new offices in Tacoma, Washington and Newport, Oregon and expanded its services to include aviation, professional liability, hospitality, and construction. SISW was named one of the Pacific Northwest’s 100 Fastest Growing Privately-held Companies by the Puget Sound Business Journal. At the end of 2015, SISW recruited Matt Lund to build a strong employee benefits division capable of both funded and self-funded programs.
In 2014, SIS rebranded to Servco Pacific Insurance (SPI) to better reflect the firm’s reach throughout the region. A plan began to formulate to continue expansion in the various specialty areas and double the firm within 5 years. Servco Pacific Insurance needed backing that could provide reach and capabilities within the insurance industry to achieve that goal. It embarked on a search for the right partner and on June 1, 2018 Brown & Brown Insurance acquired Servco Pacific Insurance.
Both companies share a common upbringing coming from humble beginnings and reaching $1.8 Billion revenue levels as family owned and operated firms. Servco Pacific Insurance, as a Brown & Brown Company, now ranks as the 6th largest insurance firm in the world touching retail, wholesale, programs, and risk services.
Today, as one of the top brokerage firms in the country, SPI provides clients with service capabilities on an international scale and, while maintaining the personalized expertise of a boutique firm.