INSURANCE TECHNOLOGY

Inszone Insurance Services Acquires B-W Insurance Agency, LLC

Inszone Insurance Services | July 22, 2022 | Read time : 03:45 min

Inszone Insurance Services
Inszone Insurance Services, a rapidly growing, national provider of benefits, personal and commercial lines insurance, announced today the acquisition of B-W Insurance Agency, LLC.

B-W Insurance was founded in 1984 by Bev Watenpaugh who entered the insurance industry after a successful professional career operating her own preschool. The agency was created to provide needed insurance for the more difficult driver and property owners. With the addition of husband Gene Watenpaugh and daughter and current owner Kim Steffen, this family-owned agency grew in the commercial space, supporting a diverse range of business industries. B-W Insurance was able to harness the power of word-of-mouth, as happy customers referred their friends and family to the agency and helped fuel their growth.

“We are excited to bring B-W Insurance into the Inszone Insurance family, Through our acquisitions our agency has grown rapidly within the state of Colorado, we look forward to continuing to serve the state and provide additional resources and insurance options to protect all customers.”

Norm Hudson, CEO of Inszone Insurance Services

Inszone Insurance is expected to announce several acquisitions as well as new locations in the upcoming months.

About Inszone: Founded in 2002 and headquartered in Sacramento, California, Inszone is a full-service insurance brokerage firm which provides a broad array of property & casualty insurance, along with employee benefits solutions. With a strong, experienced management team, Inszone continues to grow organically, as well as through acquisitions. With 30 locations across California, Arizona, Nevada, Utah, Colorado, Missouri, Texas and Illinois, the company is looking to further expand throughout the United States.

Spotlight

In this video, we are exploring the Insurtech landscape. It's the perfect environment for using data to disrupt incumbent, as unlike other industries insurance is based on probability and numbers. The 3 disruption mechanisms used by insurtech that we explore in this video are: positive selection bias (serving only the best customers).

Spotlight

In this video, we are exploring the Insurtech landscape. It's the perfect environment for using data to disrupt incumbent, as unlike other industries insurance is based on probability and numbers. The 3 disruption mechanisms used by insurtech that we explore in this video are: positive selection bias (serving only the best customers).

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