Bryn Mawr Trust Co., the banking subsidiary of Bryn Mawr Bank Corp., has acquired its fourth insurance brokerage since 2014, continuing its strategy to grow its fee businesses to serve as a buffer against the ebbs and flows of deposit and loan gathering.

Domenick & Associates, an insurance agency established in 1993 and headquartered in the Old City section of Philadelphia, will become part of BMT Insurance Advisors, the bank’s insurance division. It specializes in serving nonprofit and social service organizations. Financial terms of the deal were not disclosed, writes Jeff Blumenthal in the Philadelphia Business Journal.

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Bryn Mawr Bank (NASDAQ:BMTC) entered Chestnut Hill last May via the acquisition of 19-employee Hirshorn Boothby, which offered insurance services to both individual and business clients. That doubled the size of Bryn Mawr’s insurance unit headcount to 40. The Hirshorn deal followed the acquisitions of Powers Craft Parker & Beard in late 2014 and Robert J. McAllister Agency in 2015. Both were headquartered in Rosemont

When the Hirshorn deal closed, Leto said Bryn Mawr had essentially grown a one-employee insurance unit focused on a few personal lines that registered annual revenues well below $1 million to one with about $6 million in revenue. Domenick, headquartered at 325 Chestnut Street, has five employees.

The bank’s revenue from its insurance division is well below the $13.2 billion in revenue generated by its vaunted wealth management division.

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