US insurance brokerage PCF Insurance Services has snapped up 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, have all been acquired by PCF.
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The Brady Agency 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.
Furthermore, Ignitist specialises 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 expands PCF Insurance’s presence in the Southeast. A tech-forward insurance business specialising in property and casualty (P&C) coverage solutions, Roseberry is well-known for its commitment to transparent customer service, supported by its digital platforms.
IN addition, The Sinnott Agency adds to PCF Insurance’s growing Midwest region and aligns well with PCF Insurance’s core business and solutions offerings.
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By GlobalData“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 specialisation 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.”
In May, it purchased the insurance businesses of Encore Advisors and All Star Insurance.
