Inszone Insurance Services has acquired Commercial Insurance of Texas Agency Services (Commercial Insurance of Texas), strengthening its foothold in the Texas insurance market.
This move expands Inszone’s expertise in the automotive, heavy truck aftermarket and equipment dealers’ insurance segments.
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The financial terms of the deal remain undisclosed.
Commercial Insurance of Texas was founded in 2019 by Greg Bowman and offers insurance solutions to the automotive and contractors’ equipment industry.
The agency specialises in a wide range of services for the automotive, heavy truck, and equipment industries, including auto glass; car washes; equipment dealers offering sales, service and rentals; oil changes; parts supply; sales, salvage yards; repairs; and towing.
It provides tailored insurance coverage to address the specific risks faced by businesses in these sectors.
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By GlobalDataInszone Insurance CEO Chris Walters said: “We are thrilled to welcome Greg Bowman and Commercial Insurance of Texas to Inszone. Greg’s specialised expertise in these industries enhances our capabilities in this niche market and aligns with our commitment to providing tailored insurance solutions that meet the unique needs of our clients.”
Sharing his thoughts on joining Inszone, Greg Bowman said: “Managing the back-office operations had become increasingly time-consuming, taking me away from focusing on my clients and the aspects of the business I am truly passionate about. Through a fortunate connection, I found Inszone, and it just felt right. The professionalism and resources they bring are exactly what I was looking for.”
Last month, Inszone acquired Health & Benefits to bolster its employee benefits division and enhance its benefits solutions for businesses.
MEBO Health & Benefits was founded more than 20 years ago and rebranded in 2019 by Jay Torres, the original owner.
Based out of California, Inszone Insurance Services was founded in 2002 and offers a range of property and casualty and employee benefits solutions to its clients.
