Inszone Insurance Services has acquired Green Arrow Insurance Solutions, a family-owned insurance agency headquartered in Torrence, California.
After the acquisition, Green Arrow Insurance will merge its operations with Inszone Insurance and operate under acquirer’s brand.
Green Arrow Insurance was founded in 2002 by David Asemanfar.
Commenting on the acquisition, Asemanfar said: “Inszone Insurance offers an exciting opportunity for Green Arrow customers, expanding their access to more insurance options, a larger servicing team, and evolving technology. I feel assured our customers will be well taken care of.”
Inszone Insurance CEO Norm Hudson said: “Inszone’s acquisition of Green Arrow provides a major growth opportunity for our company, as we increase our reach in Southern California and the west coast.
“We are excited to bring additional resources to Green Arrow customers and look forward to bringing them into the Inszone family and continue working with them for years to come.”
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By GlobalDataThis marks the Inszone Insurance’s third acquisition in the state and the fifth acquisition in the west coast.
Inszone Insurance focusses on personal and commercial insurance for large and small businesses.
The company has been steadily growing with its agencies in the states of Arizona, California and Nevada. The company intends to expand further in the west coast of the US.