TWFG Insurance Acquires Wade Insurance Agency in Ohio

TWFG Acquires Alabama Insurance Agency, Inc.

November 6, 2025

Insurance

TWFG, a national independent insurance distribution platform headquartered in The Woodlands, Texas, has acquired Alabama Insurance Agency, Inc. and its network of 20 affiliated offices across Alabama. The deal expands TWFG's presence in the Southeastern United States and gives the agency access to broader carrier relationships, technology resources, and the national platform's distribution capabilities.

TWFG Insurance Acquires The Jeff Kincaid Insurance Agency

October 26, 2023

Insurance

TWFG Insurance (The Woodlands Financial Group) acquired The Jeff Kincaid Insurance Agency, Inc. in October 2023, adding an $18.2 million book of business and five branch offices across Hickory, Shelby, Morganton, Forest City and Marion, North Carolina. The acquisition expands TWFG's footprint in the eastern U.S. and brings a longtime local agency and its customers into TWFG's national branch network.

TWFG Insurance Acquires Penguin Insurance Services

December 1, 2020

Insurance

TWFG Insurance (The Woodlands Financial Group) has acquired Penguin Insurance Services, a Milpitas, California-based agency founded in 2012. The deal brings about 130 affiliated agencies and over $100 million in written premiums to TWFG, strengthening its presence in California and supporting its goal to reach $1 billion in written premium.

TWFG Insurance Services Acquires Panoptic Insurance

April 17, 2020

Insurance

TWFG Insurance Services, a privately owned national retail insurance agency headquartered in The Woodlands, Texas, has completed the acquisition of Panoptic Insurance’s personal and commercial insurance business, effective April 17, 2020. The deal expands TWFG’s national footprint and specialty service offerings while adding thousands of customers to its platform.

World Insurance Associates Acquires TW Group, Inc.

January 4, 2024

Insurance

World Insurance Associates LLC acquired the business of TW Group, Inc., an independent insurance agency based in Westmont, Illinois, effective December 31, 2023. The acquisition expands World’s national footprint and adds TWG’s team of experienced insurance professionals across personal, business, life and health lines; terms were not disclosed.

Arthur J. Gallagher & Co. Acquires B&W Insurance Agency

February 19, 2026

Insurance

Arthur J. Gallagher & Co. has acquired B&W Insurance Agency, Inc., a Washington, Pennsylvania-based personal and commercial insurance brokerage. Terms were not disclosed; the B&W team, including Paul Barzd III and Jim Cote, will remain in Washington and report into Gallagher Select as part of Gallagher's strategy to expand its retail brokerage footprint in southwest Pennsylvania.