Home > News > featured news > High Street Insurance Partners Successfully Acquires GTA Insurance Group

CORE INSURANCE

High Street Insurance Partners Successfully Acquires GTA Insurance Group

High Street Insurance Partners | December 14, 2021

Reinsurance News
High Street Insurance Partners ("HSIP") announced today that it has acquired Nebraska-based GTA Insurance Group.

GTA Insurance Group provides comprehensive insurance and risk management solutions across Nebraska. It has an extensive agricultural practice and offers business and personal insurance, as well as benefits.

"We are thrilled to have GTA Insurance Group join HSIP, This represents over 30 new offices across Nebraska, which greatly expands our footprint in communities across the Midwest. More importantly, this partnership allows us to provide deep agricultural expertise to our clients."

- Scott Wick, CEO of HSIP.

We are excited to join HSIP. Together we will be able to better serve our clients, our employees, and our communities. We'll also be able to add new clients who will benefit greatly from this partnership and its shared, community focused philosophy.

- Krae Dutoit, President, GTA Insurance Group

HSIP is one of the fastest growing insurance brokerages in North America. The firm has now completed 83 acquisitions since forming the company in mid-2018.

About High Street Insurance Partners
High Street Insurance Partners (HSIP) is a full-service, independent insurance brokerage firm.  Founded in 2018, the Traverse City, Michigan-based company provides a broad array of business insurance & risk management; employee benefits & human capital management; financial & retirement services; and personal insurance solutions delivered through community-focused agencies.  HSIP employs over 1,700 insurance specialists & consultants in offices based in Arkansas, Colorado, Connecticut, Florida, Georgia, Illinois, Iowa, Maryland, Michigan, Mississippi, Missouri, Nebraska, New Hampshire, New Jersey, New York, North Carolina, Oregon, Pennsylvania, South Carolina, Tennessee, Texas, Virginia, & Washington.

Spotlight

Uncover consumer perceptions of non-annualised policies (NAPs) and their growing value in the motor insurance market

While it might sometimes feel like a very settled market, motor insurance is changing as consumers’ needs change. A combination of the social and economic effects of the Covid-19 pandemic, inflationary forces and increased public concern about the environment are altering the way many U.K. consumers use their cars. One consequence of these changes is growing interest in non-annualised policies (NAPs) for motor insurance.

More featured news

Spotlight

Uncover consumer perceptions of non-annualised policies (NAPs) and their growing value in the motor insurance market

While it might sometimes feel like a very settled market, motor insurance is changing as consumers’ needs change. A combination of the social and economic effects of the Covid-19 pandemic, inflationary forces and increased public concern about the environment are altering the way many U.K. consumers use their cars. One consequence of these changes is growing interest in non-annualised policies (NAPs) for motor insurance.

Related News

CORE INSURANCE, RISK MANAGEMENT

Inszone Insurance Acquires Jack E. Gilbert Insurance to Expand Reach

Inszone Insurance Services | March 15, 2023

On March 14, 2023, Inszone Insurance Services, a rapidly expanding national provider of benefits, personal, and commercial lines insurance, informed that the company has acquired Jack E. Gilbert Insurance Agency, Inc. This acquisition is poised to enhance the capabilities of Inszone Insurance Services and is a strategic step in the company's growth trajectory. Headquartered in San Jose, Jack E. Gilbert Insurance Agency, Inc. has been catering to clients in California, Arizona, Colorado, Nevada, Texas, and Washington since 1980. Over the years, the agency has gained immense popularity for its comprehensive range of insurance programs, which include specialized programs for transportation, trucking and towing, and worker's compensation. Chris Walters, CEO of Inszone Insurance Services, stated, "Jack E. Gilbert Insurance Agency has a long-standing reputation for providing exceptional customer service to its clients." He added, "We are excited to welcome their team of insurance professionals to the Inszone Insurance family, as we continue to expand our presence in California and beyond." (Source – Business Wire) The acquisition of Jack E. Gilbert Insurance Agency, Inc. will provide Inszone Insurance Services with access to the agency's extensive expertise and client base. This strategic move aims to strengthen the capabilities of Inszone Insurance Services and enable the company to offer top-notch insurance services to its clients while also expanding its market reach. The team at Jack E. Gilbert Insurance Agency will continue to operate under the Inszone Insurance brand, maintaining the same level of customer care and service that their clients have come to expect. This acquisition represents a crucial step in Inszone Insurance's growth strategy, as the company aims to expand its national footprint and further cement its position as a leading insurance provider in the United States. About Inszone Insurance Services Inszone Insurance Services, founded in 2002 and headquartered in Sacramento (California), is a full-service insurance brokerage firm that provides a comprehensive range of property & casualty insurance, along with employee benefits solutions. With an experienced and dynamic management team, the company continues to grow both organically as well as through strategic acquisitions. It presently has 40 locations spread across California, Arizona, Nevada, Utah, Colorado, Michigan, Missouri, Oregon, Texas, and Illinois and is poised to expand its presence throughout the United States.

Read More

CORE INSURANCE, INSURANCE TECHNOLOGY

Sure Introduces Retrace for Online Insurance and Protection

Sure | March 14, 2023

Sure, a leader in insurance technology recently unveiled its latest product - Retrace. This innovative technology empowers online merchants to offer their customers embedded one-click insurance and protection. Retrace offers a suite of APIs, enabling online merchants to embed insurance and protection into various use cases such as e-commerce returns, travel insurance, and product warranty protection at any stage of the purchase process. With the help of Retrace, online retailers are able to grow their customer base by providing an improved customer experience. This results in higher levels of customer satisfaction and generates more brand advocates. Also, they have the ability to diversify their revenue streams while simultaneously increasing their top-line revenue. Sure is introducing its first e-commerce solution with the launch of Retrace. This innovative technology empowers online merchants to provide return shipping protection to their customers at the point of sale, covering the cost of returning goods. Retrace's embedded Return Shipping Protection is a revolutionary technology that streamlines the online shopping experience for merchants and consumers, reducing friction. Wayne Slavin, Co-Founder and CEO of Sure, stated, "Retrace is the latest offering of Sure's innovative technology to unlock the potential of digital insurance and protection through frictionless online customer experiences." He added, "Our technology reaches and engages customers wherever they are on their journey, and with Retrace, we are enabling online merchants to provide customers with embedded insurance and protection tools. We're starting with the first of its kind one-click return shipping protection but the sky's the limit, and we have set our sights on a variety of other products spanning travel insurance to warranty protection and beyond." (Source – Cision PR Newswire) About Sure Sure is a prominent insurtech company that powers some of the world's most recognized brands and carriers. Its enterprise SaaS infrastructure and embedded insurance programs drive the insurance industry forward, allowing it to reach its full potential in the digital age. Sure's customers use its unified system of APIs to streamline the entire insurance lifecycle, leading to enhanced customer experiences and efficient digital operations. Founded in 2015, the company is based in Santa Monica (California) and has offices worldwide.

Read More

CORE INSURANCE, RISK MANAGEMENT

Simplicity Merges with IDA to Provide Unrivaled Services

Simplicity Group and Insurance Designers of America | March 06, 2023

Simplicity Group Holdings, Inc. (Simplicity) recently informed that it has acquired Insurance Designers of America (IDA), a leading insurance marketing organization (IMO), in order to provide a comprehensive range of services. As a result of this merger, Simplicity and IDA will now provide their respective members with a market-leading, tech-enabled distribution platform along with an unrivaled range of sales and marketing services. Bruce Donaldson, Simplicity's President and CEO, expressed, "We have known the partners of IDA for many years and have always admired the spirit of true, equitable partnership, which was one of the founding characteristics of the group." He continued, "Simplicity was founded on the premise that all our partners should be treated equitably and enjoy all the aspects of our growing platform. We recognize that independent distributors have a choice with whom they wish to affiliate and we are thrilled that IDA has chosen Simplicity to be its long-term partner." (Source – Cision PR Newswire) Ethan Emmett, Executive Director of IDA remarked, "Partnering with Simplicity is a natural evolution in the growth of IDA and the furthering of our mission to best serve our member agencies and ultimately provide consumers access to the best insurance solutions across life, annuity, LTC and DI." (Source – Cision PR Newswire) About Simplicity Group Simplicity Group offers holistic financial professionals and their clients a full range of products and services for every stage of life, guided by education, value, and cooperation. The company offers its advisor, agent, broker-dealer, and financial institution partners best-in-class and proprietary guaranteed income, life insurance, wealth management, long-term care products as well as operational support. Besides, it also provides sales, marketing materials, and training to help its partners build businesses and serve their clients. About Insurance Designers of America Founded in 1986, IDA is one of Georgia's oldest, largest, and most-esteemed IMOs. The company was founded by former agency heads of a national insurance carrier that was quitting the agency distribution system to fill the void as insurance companies focused entirely on product manufacturing and sought alternative distribution channels. Currently, it has over 50 agencies and $250+ million in yearly premiums, giving it the capacity and resources to support over 85,000 financial professionals with their client's insurance needs.

Read More

CORE INSURANCE, RISK MANAGEMENT

Inszone Insurance Acquires Jack E. Gilbert Insurance to Expand Reach

Inszone Insurance Services | March 15, 2023

On March 14, 2023, Inszone Insurance Services, a rapidly expanding national provider of benefits, personal, and commercial lines insurance, informed that the company has acquired Jack E. Gilbert Insurance Agency, Inc. This acquisition is poised to enhance the capabilities of Inszone Insurance Services and is a strategic step in the company's growth trajectory. Headquartered in San Jose, Jack E. Gilbert Insurance Agency, Inc. has been catering to clients in California, Arizona, Colorado, Nevada, Texas, and Washington since 1980. Over the years, the agency has gained immense popularity for its comprehensive range of insurance programs, which include specialized programs for transportation, trucking and towing, and worker's compensation. Chris Walters, CEO of Inszone Insurance Services, stated, "Jack E. Gilbert Insurance Agency has a long-standing reputation for providing exceptional customer service to its clients." He added, "We are excited to welcome their team of insurance professionals to the Inszone Insurance family, as we continue to expand our presence in California and beyond." (Source – Business Wire) The acquisition of Jack E. Gilbert Insurance Agency, Inc. will provide Inszone Insurance Services with access to the agency's extensive expertise and client base. This strategic move aims to strengthen the capabilities of Inszone Insurance Services and enable the company to offer top-notch insurance services to its clients while also expanding its market reach. The team at Jack E. Gilbert Insurance Agency will continue to operate under the Inszone Insurance brand, maintaining the same level of customer care and service that their clients have come to expect. This acquisition represents a crucial step in Inszone Insurance's growth strategy, as the company aims to expand its national footprint and further cement its position as a leading insurance provider in the United States. About Inszone Insurance Services Inszone Insurance Services, founded in 2002 and headquartered in Sacramento (California), is a full-service insurance brokerage firm that provides a comprehensive range of property & casualty insurance, along with employee benefits solutions. With an experienced and dynamic management team, the company continues to grow both organically as well as through strategic acquisitions. It presently has 40 locations spread across California, Arizona, Nevada, Utah, Colorado, Michigan, Missouri, Oregon, Texas, and Illinois and is poised to expand its presence throughout the United States.

Read More

CORE INSURANCE, INSURANCE TECHNOLOGY

Sure Introduces Retrace for Online Insurance and Protection

Sure | March 14, 2023

Sure, a leader in insurance technology recently unveiled its latest product - Retrace. This innovative technology empowers online merchants to offer their customers embedded one-click insurance and protection. Retrace offers a suite of APIs, enabling online merchants to embed insurance and protection into various use cases such as e-commerce returns, travel insurance, and product warranty protection at any stage of the purchase process. With the help of Retrace, online retailers are able to grow their customer base by providing an improved customer experience. This results in higher levels of customer satisfaction and generates more brand advocates. Also, they have the ability to diversify their revenue streams while simultaneously increasing their top-line revenue. Sure is introducing its first e-commerce solution with the launch of Retrace. This innovative technology empowers online merchants to provide return shipping protection to their customers at the point of sale, covering the cost of returning goods. Retrace's embedded Return Shipping Protection is a revolutionary technology that streamlines the online shopping experience for merchants and consumers, reducing friction. Wayne Slavin, Co-Founder and CEO of Sure, stated, "Retrace is the latest offering of Sure's innovative technology to unlock the potential of digital insurance and protection through frictionless online customer experiences." He added, "Our technology reaches and engages customers wherever they are on their journey, and with Retrace, we are enabling online merchants to provide customers with embedded insurance and protection tools. We're starting with the first of its kind one-click return shipping protection but the sky's the limit, and we have set our sights on a variety of other products spanning travel insurance to warranty protection and beyond." (Source – Cision PR Newswire) About Sure Sure is a prominent insurtech company that powers some of the world's most recognized brands and carriers. Its enterprise SaaS infrastructure and embedded insurance programs drive the insurance industry forward, allowing it to reach its full potential in the digital age. Sure's customers use its unified system of APIs to streamline the entire insurance lifecycle, leading to enhanced customer experiences and efficient digital operations. Founded in 2015, the company is based in Santa Monica (California) and has offices worldwide.

Read More

CORE INSURANCE, RISK MANAGEMENT

Simplicity Merges with IDA to Provide Unrivaled Services

Simplicity Group and Insurance Designers of America | March 06, 2023

Simplicity Group Holdings, Inc. (Simplicity) recently informed that it has acquired Insurance Designers of America (IDA), a leading insurance marketing organization (IMO), in order to provide a comprehensive range of services. As a result of this merger, Simplicity and IDA will now provide their respective members with a market-leading, tech-enabled distribution platform along with an unrivaled range of sales and marketing services. Bruce Donaldson, Simplicity's President and CEO, expressed, "We have known the partners of IDA for many years and have always admired the spirit of true, equitable partnership, which was one of the founding characteristics of the group." He continued, "Simplicity was founded on the premise that all our partners should be treated equitably and enjoy all the aspects of our growing platform. We recognize that independent distributors have a choice with whom they wish to affiliate and we are thrilled that IDA has chosen Simplicity to be its long-term partner." (Source – Cision PR Newswire) Ethan Emmett, Executive Director of IDA remarked, "Partnering with Simplicity is a natural evolution in the growth of IDA and the furthering of our mission to best serve our member agencies and ultimately provide consumers access to the best insurance solutions across life, annuity, LTC and DI." (Source – Cision PR Newswire) About Simplicity Group Simplicity Group offers holistic financial professionals and their clients a full range of products and services for every stage of life, guided by education, value, and cooperation. The company offers its advisor, agent, broker-dealer, and financial institution partners best-in-class and proprietary guaranteed income, life insurance, wealth management, long-term care products as well as operational support. Besides, it also provides sales, marketing materials, and training to help its partners build businesses and serve their clients. About Insurance Designers of America Founded in 1986, IDA is one of Georgia's oldest, largest, and most-esteemed IMOs. The company was founded by former agency heads of a national insurance carrier that was quitting the agency distribution system to fill the void as insurance companies focused entirely on product manufacturing and sought alternative distribution channels. Currently, it has over 50 agencies and $250+ million in yearly premiums, giving it the capacity and resources to support over 85,000 financial professionals with their client's insurance needs.

Read More

More featured news