Trucordia Acquires Insurance Business of Archibald Insurance
December 10, 2024
Trucordia, a top-20 U.S. insurance brokerage headquartered in Lindon, Utah, has acquired the insurance business of Archibald Insurance, which operates offices in Richmond, Midlothian and North Chesterfield, Virginia. The deal brings Archibald's client base and local operations into Trucordia's integrated platform to expand coverage offerings, pricing competitiveness and value-added services like in-house risk management and claims advocacy.
- Buyers
- Trucordia
- Targets
- Archibald Insurance
- Sellers
- Archibald Insurance
- Industry
- Insurance
- Location
- Virginia, United States
- Transaction Type
- Addon
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