PRINCETON, N.J. - Summit Bancorp said it has formed Summit Insurance Advisors, a consolidation of several New Jersey-based insurance brokerage and consulting organizations owned by Summit.

Among the organizations being renamed are agencies Meeker Sharkey Financial and Patgo Insurance Agency. Summit acquired Cranford-based Meeker Sharkey in January and added Patgo in February. Patgo, which has offices in Bayonne and Newark, has a presence in the Hispanic and Portuguese communities.

Summit Insurance Advisors is now the 15th-largest insurance brokerage in the country, according to Thomas Sharkey, the unit's chief executive officer.

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