Renaissance Acquires Agency Network Business of Consolidated Insurance Agents (CIA)
January 9, 2025
Renaissance, a Chicago-based network of independent insurance agencies, has acquired the agency network business of Consolidated Insurance Agents Inc. (CIA), a Buffalo, New York agency group whose 23 member agencies represent $47 million in premium. The deal expands Renaissance's footprint into the Mid-Atlantic region and gives CIA members access to Renaissance's market access, placement services, technology and service resources.
- Buyers
- Renaissance
- Targets
- Consolidated Insurance Agents Inc.
- Sellers
- Consolidated Insurance Agents Inc.
- Industry
- Insurance
- Location
- New York, United States
- Transaction Type
- Divestiture
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