Sequel Insurance Agencies buys Watkins Insurance Group
Sequel Insurance Agencies said July 7, 2026, that it acquired Watkins Insurance Group, adding five offices across Austin and Central Texas. The deal expands Sequel’s Texas footprint and keeps Watkins CEO Patrick Watkins and his management team in place.
Why it matters: - The acquisition expands Sequel Insurance Agencies’ footprint in Austin and Central Texas, two markets where local relationships and service continuity matter. - The deal adds a 160-plus-person agency with seven decades of history and a broad mix of business, personal, benefits, surety and risk management capabilities. - Sequel said the transaction should create benefits for clients, colleagues and carrier partners through more resources, more stability and continued service teams.
What happened: - Sequel Insurance Agencies, powered by SIAA, announced the acquisition of Watkins Insurance Group on July 7, 2026. - The deal includes five office locations across Austin and Central Texas. - Patrick Watkins will remain CEO of Watkins Insurance Group. - Watkins’ entire management team and more than 160 colleagues are staying with the organization.
The details: - Sequel described Watkins as a high-performing independent agency with a strong reputation for personalized insurance and risk management solutions. - Watkins Insurance Group was founded in 1949. - Watkins provides business insurance, personal insurance, employee benefits, surety and risk management solutions. - Sequel said the transaction fits its strategy of preserving local relationships while using the scale and resources of a larger platform. - Sequel said the acquisition should offer enhanced client resources, colleague growth opportunities, long-term stability and continuity of service teams. - Sequel’s platform represents more than $550 million in premium. - Sequel is a brand name and service mark used for affiliated agencies including 123 Insurance, Arbor Insurance Group, Cogswell Insurance Agency, Feingold & Feingold Insurance Agency, GIA Group d/b/a Glenwood Insurance Agency, Hyland, Block & Hyland, Insurance Circle Agency, Paris-Kirwan Associates and PKA-Drake Agency. - Each affiliated agency is separately licensed and offers property and casualty insurance products and services in multiple states.
Between the lines: - The acquisition continues Sequel’s consolidation strategy in independent insurance, while keeping agency leadership and local branding intact. - Sequel is positioning itself as a perpetuation partner for entrepreneurial agencies that want scale without giving up local identity. - The addition of Watkins strengthens Sequel’s Texas presence after a string of prior acquisitions in 2025 and early 2026. - Those earlier deals included Arbor Insurance Group, Feingold & Feingold Insurance Agency, Hyland, Block & Hyland, Paris-Kirwan Associates and 123 Insurance.
What's next: - Watkins will continue operating under its current leadership while accessing Sequel’s broader platform resources. - Sequel said the deal is expected to support continued growth for the agency, its staff and its carrier relationships. - The combined platform will keep emphasizing consultative, relationship-driven service at the local level. - Sequel said it welcomes Patrick Watkins and the Watkins team into the platform.
The bottom line: - Sequel is growing by buying established independent agencies and leaving local operators in place, a model that aims to deliver scale without sacrificing community trust.
More information is available on Sequel Insurance Agencies' LinkedIn page.
Disclaimer: This article was produced by AGP Wire with the assistance of artificial intelligence based on original source content and has been refined to improve clarity, structure, and readability. This content is provided on an “as is” basis. While care has been taken in its preparation, it may contain inaccuracies or omissions, and readers should consult the original source and independently verify key information where appropriate. This content is for informational purposes only and does not constitute legal, financial, investment, or other professional advice.
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