Accelerated strategy focuses on key markets
that align with core business and deepen sector
specializations
LEHI, Utah, June 24, 2024 /PRNewswire/ -- PCF Insurance
Services, a top 20 U.S. insurance brokerage with operations in 40
states, acquired four new insurance businesses: Ignitist, based in
Pennsylvania, The Brady Agency,
based in North Carolina, Roseberry
Insurance Agency, based in Mississippi, and The Sinnott Agency, based in
Iowa.
"At PCF Insurance, we are committed to accelerated and strategic
expansion through M&A—not to be confused with high-volume. Our
approach to M&A enables us to grow our operations in key
markets—based on our analysis for growth potential and alignment
with our current footprint—while ensuring that each new business
that we integrate aligns with our long-term vision and enhances our
capabilities and specialization in key industry verticals," said
Brooke K. DeWyze, Chief Development
Officer at PCF Insurance. "Our recent acquisitions are a testament
to this strategy, providing us with significant opportunities to
better serve our clients and expand our presence in strategically
important markets."
The Brady Agency, based in North Carolina and serving Virginia as well, brings a strong local
presence and expertise in commercial and personal lines insurance
to the Research Triangle area, strengthening PCF Insurance's
foothold in a key market. This team will join forces with Insurance
Associates of the Triad, a business of PCF Insurance in
Asheboro, North Carolina.
Ignitist, based in Pennsylvania, specializes in Medicare and
senior benefits, a unique and nuanced sector of insurance where
clients directly benefit from the deep knowledge of an experienced
insurance professional.
Roseberry Insurance Agency, based in Mississippi, expands PCF Insurance's presence
in the Southeast. A tech-forward insurance business specializing in
property and casualty (P&C) coverage solutions, Roseberry is
well-known for its commitment to transparent customer service,
supported by its digital platforms.
The Sinnott Agency, based in Iowa, adds to PCF Insurance's growing Midwest
region and aligns well with PCF Insurance's core business and
solutions offerings.
PCF Insurance continues to build an active M&A pipeline,
seeking to acquire profitable insurance businesses seeking to grow
beyond their current performance thresholds.
About PCF Insurance Services
A top 20 U.S. insurance brokerage headquartered in Lehi, Utah, PCF Insurance Services of the
West, LLC offers a broad array of commercial and personal lines,
life and health, employee benefits, and workers' compensation
solutions. PCF Insurance's operating model and entrepreneurial
environment support its tremendous growth profile, offering its
businesses alignment through equity ownership, enhanced coverage
solutions and capabilities for clients, and shared-services
resources. With more than 4,000 employees across the U.S., PCF
Insurance is a notable leader in the insurance space, ranking #20
on Business Insurance's 2023 Top 100 Brokers and #12 on Insurance
Journal's 2023 Top Property/Casualty Agencies. Visit pcfins.com for
more information.
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SOURCE PCF Insurance Services