On the Move: Stepco Insurance Agency Joins SullivanCurtisMonroe

by Rachel Morgan News Editor

Irvine, California-based insurance brokerage firm SullivanCurtisMonroe (SCM) has announced that Stepco Insurance Agency has joined the company. The move brings together two firms with a shared commitment to customer and employee well-being.

A Legacy of Service

Stepco Insurance Agency, originally founded in 1962 as George Joseph & Associates, dba Mercury Insurance Agency, holds the distinction of being the first Mercury Insurance Agency in California. In 1983, Steve Stepanian assumed leadership of the agency from his brother-in-law. Later, Steve Stepanian passed the agency to his son, Steven, who then expanded Stepco’s services into Arizona and Nevada.

Did You Recognize? Stepco Insurance Agency was the first Mercury Insurance Agency established in California in 1962.

SCM CEO John Monroe stated that the affiliation with Stepco is “a good fit,” noting that the Stepanian family’s values align with those of SCM’s founder, George Walker, who prioritized customers and team members.

Strengthening SCM’s Position

Stepco’s team and expertise in personal insurance are expected to enhance SCM’s resources and strengthen its competitive position. Steve Stepanian will continue to play an active role within the SCM family, and the Stepco group will be integrated into SCM’s Pasadena team.

Expert Insight: The acquisition of Stepco by SCM suggests a strategic move to consolidate resources and expand market reach within the personal insurance sector, leveraging a well-established family legacy and experienced team.

According to Steve Stepanian, “Partnering with SCM feels like the opportunity to work with an old friend.” He also highlighted SCM’s recognition as a “Best Places to Work” as a promising aspect of the union.

SCM provides a range of insurance services, including commercial property casualty, risk management, surety, employee benefits, and personal lines insurance.

Frequently Asked Questions

What services does SCM offer?

SCM offers commercial property casualty, risk management, surety, employee benefits, and personal lines insurance.

Who founded Stepco Insurance Agency?

Stepco Insurance Agency was founded in 1962 as George Joseph & Associates, dba Mercury Insurance Agency.

Where will the Stepco team be located?

The Stepco group will join SCM’s growing Pasadena team.

As SCM and Stepco integrate, how might this collaboration shape the future of insurance services in California and the surrounding regions?

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