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Propel Insurance | June 07, 2021

Propel Insurance, one of the nation's largest privately-owned insurance agencies and a portfolio company of Flexpoint Ford, announced today it had acquired South Carolina-based South Risk Management ("SRM"), a leading construction-focused insurance consulting firm. The acquisition of SRM expands Propel's presence into South Carolina and adds to the Company's existing Southeast footprint, which includes Knoxville, Charlotte, Atlanta, and Orlando. The SRM team ...

Core Insurance,Insurance Technology

Vouch | January 12, 2023

Vouch, an insurance company trying to change the way business insurance works for the tech industry, informed on January 11, 2023, that it acquired the lending startup Level and its team of engineers. The lending startup has created a tech-driven underwriting process for early-stage fintech startups. This makes the process of getting financing faster and easier than it used to be. Sam Hodges, CEO and Co-Founder of Vouch, stated, "Level's unique expertise in b...

USI | February 10, 2020

USI Insurance Services is back on the acquisition trail. The risk manager has today revealed a deal for Las-Vegas based insurance agency Orgill Singer & Associates, a specialist across the areas of employee benefits, commercial insurance and personal risk solutions. Orgill Singer was founded back in 1986 and is now one of Nevada’s most well-known full-service independent insurance agencies. The deal will see all of its team members make the switch to USI, including CEO David Dahan, pre...

American Property Casualty Insurance Association | March 24, 2020

As the COVID-19 pandemic forces the closure of businesses throughout the US, the American Property Casualty Insurance Association (APCIA) has issued a statement saying that as a trade group representing P&C insurers, its members will continue to serve consumers in these difficult times. “During this unprecedented era, we remain focused on our promise to our customers — paying claims for motorists, injured workers, homeowners, renters, and businessowners,” said APCIA preside...