Mattoon, IL — First Mid Insurance Group (FMIG), a trusted provider of comprehensive insurance solutions, is pleased to announce its acquisition of Downs Insurance Agency in Decatur, IL. The transaction closed on January 12, 2026.
The acquisition supports FMIG’s continued growth strategy across central Illinois and expands its presence in the Decatur market. Downs brings complementary expertise in small commercial and personal lines, further enhancing FMIG’s ability to serve clients throughout the region.
Clay Dean, Chief Executive Officer of First Mid Insurance Group, stated, “The addition of Brian Phipps and his team at Downs Insurance adds depth of expertise in our small commercial insurance vertical and strengthens our market presence in Decatur. Their experience and client-focused approach align well with our commitment to delivering high-quality insurance solutions.”
All employees of Downs Insurance will join First Mid Insurance Group.
“We’re excited to welcome these new colleagues and the clients they have served so well over many years to FMIG,” Dean added. “This acquisition reinforces our ability to serve clients with local expertise while providing access to a broader range of carrier relationships and resources.”
Clients transitioning to First Mid Insurance Group can expect a seamless experience, with continued support from their existing relationship managers and enhanced service capabilities through FMIG’s expanded platform.
Source: First Mid Insurance Group
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