Confie Acquires Affordable Insurance, US1 Insurance and Bridgepoint Insurance Agency
July 29, 2024
Confie, the largest personal lines insurance distributor in the U.S., acquired three independent insurance agencies — Affordable Insurance (Hendersonville, NC), US1 Insurance (Miami and Hialeah, FL), and Bridgepoint Insurance Agency & Permit Center (McAllen, TX) — to expand its retail footprint. The deals are part of Confie's ongoing growth strategy; Confie is a portfolio company of Alliant and will integrate the agencies to broaden coverage for personal lines and small commercial customers.
- Buyers
- Confie
- Targets
- Affordable Insurance, US1 Insurance, Bridgepoint Insurance Agency & Permit Center
- Sellers
- David Cantu
- Platforms
- Confie
- Industry
- Insurance
- Location
- United States
- Transaction Type
- Addon
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Related Acquisitions
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Alliant Acquires Confie from Abry Partners
April 23, 2021
Insurance
Alliant Insurance Services entered into a definitive merger agreement to acquire Confie, the largest personal lines insurance distributor in the U.S., which serves more than 1 million customers and employs over 3,500 people. Confie is currently a portfolio company of Abry Partners; the transaction is expected to close in Q2 2021 subject to customary closing conditions and regulatory approvals, with terms not disclosed.
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Confie Acquires Sanborn's Insurance and Atlantic Insurance Agency
June 12, 2023
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Confie, the U.S. personal-lines insurance distributor and a portfolio company of Alliant, acquired Sanborn's Insurance (to operate within its Bluefire Insurance general agency brand) and Atlantic Insurance Agency (to join its Freeway Insurance national brand). The deals expand Confie’s footprint in the southwestern U.S. and the Chicago market; Sanborn's will continue operating under its current brand and Confie will retain existing employees.
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Confie Acquires Estrella Insurance
May 9, 2023
Insurance
Confie, the U.S. personal-lines insurance distribution company, has acquired Estrella Insurance and will integrate the business under its Freeway Insurance division. The deal expands Confie's franchising footprint and presence in Florida while retaining Estrella's brand and employees.
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Confie Acquires CoWest Insurance Group
October 3, 2022
Financial Services
Confie, the U.S. personal-lines insurance distribution company, has acquired Colorado-based CoWest Insurance Group and its network of 30 independent agencies. CoWest will continue to operate under its current brand in Colorado and Confie will retain CoWest employees as it expands its InsureOne agency-network strategy.
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Confie Acquires Vela Insurance Agency and Riteway Insurance
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Confie, a leading U.S. personal lines insurance distribution company and portfolio company of ABRY Partners, completed acquisitions of Vela Insurance Agency and Riteway Insurance and will integrate both agencies into its InsureOne standard insurance brand. The deals give InsureOne its first presence in Colorado (Vela) and expand Confie’s footprint in the Boca Raton area of Florida (Riteway); both agencies specialize in standard personal lines and commercial insurance.
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Confie (InsureOne) Acquires TGS Insurance Agency
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Insurance
Confie, operating its InsureOne platform, has acquired Houston-based TGS Insurance Agency to accelerate InsureOne's national expansion in standard personal lines and small commercial insurance. The deal adds more than 130 insurance professionals to Confie and will expand scale in high-growth markets including Texas, Florida, and Louisiana; financial terms were not disclosed.
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