US-based middleman Inszone Insurance coverage Companies is persevering with its acquisition spree with the acquisition of Speck Insurance coverage and Monetary Companies.
The businesses didn’t disclose the monetary phrases of the transaction.
Arrange in 2001 by Sheree Covington Speck, Speck Insurance coverage and Monetary Companies is a business and private insurance coverage company.
The deal, which incorporates all of the operations of the acquired firm, is anticipated to bolster Inszone Insurance coverage’s presence in Texas.
The insurer stated that the deal will allow it to supply a wider vary of insurance coverage to its clients within the area.
Inszone Insurance coverage’s regional workplace will now function the working base for Speck Insurance coverage and Monetary Companies.
Inszone Insurance coverage CEO Chris Walters stated: “Buying Speck Insurance coverage and Monetary Companies PLLC is a superb alternative for Inszone Insurance coverage.
“Sheree and her staff have a long-standing historical past of serving their purchasers with the best degree of care, and we’re excited to proceed that custom as a part of Inszone Insurance coverage. We sit up for increasing our presence in Texas and providing our purchasers a good broader vary of insurance coverage choices.”
Inszone Insurance coverage was based in 2002 and gives worker advantages insurance coverage, in addition to a full-service insurance coverage brokerage for the property and casualty market.
The insurance coverage dealer at the moment operates in 42 places throughout the US, with plans to additional develop operations.
Earlier this month, Inszone Insurance coverage acquired New Mexico-based insurance coverage company Jackson Insurance coverage Options.
In Might this yr, Inszone Insurance coverage purchased Residents Basic Insurance coverage Brokers for an undisclosed sum.
