King | December 24, 2021
King Insurance ("King" or the "Company"), a fast-growing full-service insurance brokerage firm that provides a variety of property & casualty as well as employee benefits solutions, announced the acquisition of Piedmont Insurance Associates ("Piedmont").
Piedmont has offices in Covington, GA and Newnan, GA and marks King's first expansion outside of Florida. Piedmont's roots go back to 1948 when it was the Spillers Agency and today is led by David Wilson and Phil Boswell, each of whom merged their respective agencies together in the mid 90's to form Piedmont. Piedmont is a full-service agency offering insurance products to commercial and personal lines customers from its lineup of top-tier insurance carrier partners. Phil, David and their team will continue operating out of their current locations.
"We are excited to expand into Georgia with such a high-quality agency, This is an important milestone for us as we execute on our strategy to be a major player in the Southeast."
-Chad King, Chief Executive Officer of King Insurance.
This acquisition marks King's eleventh acquisition over the past year and the fourth since the Company's partnership with BHMS Investments, LP. The Company plans to continue to broaden its footprint across the southeastern U.S. and expects to announce a number of important acquisitions in the upcoming months.
Founded in 1974 and headquartered in Gainesville, Florida, King is a full-service insurance brokerage firm which provides a broad array of property & casualty and employee benefits solutions.
Everspan Group | February 22, 2022
Everspan Insurance Company ("Everspan"), Rated A- (Excellent) by AM Best and part of Everspan Group, announced a partnership with Branch Financial (“Branch”). Branch, which uses data, technology, and automation to make home and auto insurance simpler to buy and less expensive, will offer these products in select states throughout the U.S.
"We are proud to partner with Branch on our first personal lines program. Not only are we attracted to the innovative consumer experience Branch’s technology delivers, but Branch’s goal of having insurance be a force for good aligns with our corporate values."
-Wyatt Blackburn, President of Everspan Group
“Everspan has the insurance expertise and financial backing that will enable Branch to continue our record growth, providing industry-leading service to new customers, Our goal is to use our insurance products to do good across the country, and Everspan will help us meet that goal.”
-Steve Lekas, Cofounder and CEO of Branch.
Since launching in 2019, Branch has expanded at an unprecedented speed while helping members save an average of $548 a year. Branch’s revolutionary two-questions-to-bind sales process leverages technology and automation to let consumers bundle their home and auto insurance quicker than ever before.
About Everspan Group
Everspan Group is a specialty property and casualty insurance platform which operates nationwide on an admitted and non-admitted basis. The companies which comprise the Everspan Group are wholly-owned subsidiaries of Ambac Financial Group, Inc. (NYSE:AMBC), a financial services holding company.
Branch is home and auto insurance that’s simple to buy and built for savings. Through its revolutionary instant-bind capability, Branch removes all of the friction associated with getting covered, helping consumers bundle their home and auto with ease. Built as a reciprocal exchange, Branch taps into the power of community to make insurance more accessible and affordable for everyone. Branch was launched in 2019 by insurance veteran Steve Lekas and tech entrepreneur Joe Emison, and is headquartered in Columbus, Ohio. Branch is underwritten by the Branch Insurance Exchange, Everspan Group and General Security National Insurance Company (GSNIC) and backed by SCOR SE.
NSI | March 28, 2022
Florida-based digital insurance agency HoneyQuote.com has been acquired by one of the largest independent insurance agencies, NSI Insurance Group – a move that will enable the startup to expand its operations nationally, launch new product lines, and facilitate larger distribution partnerships.
HoneyQuote’s machine learning algorithm matches users with property insurance carriers in real-time. Its proprietary search engine allows consumers to shop and purchase homeowners' insurance online.
Since its launch in 2019, HoneyQuote has partnered with 30 of the top insurance carriers in Florida and has insured over $1 billion in property value. The startup now has its sights set on expanding nationally with additional insurance products in the works, including condominium-owners, renters, personal umbrella, pet, and auto insurance.
We could not be more thrilled about the acquisition, Partnering with such an established player in the market with similar entrepreneurial roots poises HoneyQuote to grow exponentially.”
HoneyQuote co-founder Franklyn Taveras.
We’ve designed a digital experience that lets online shoppers compare real quotes and purchase policies instantaneously from a wide range of regional, national, and technology enabled insurance providers. With NSI, we’re able to deliver this seamless experience to customers across new geographies, products, and embedded partnerships.”
Sean D’Sa, HoneyQuote’s co-founder and Chief Technology Officer.
NSI Insurance Group’s acquisition of HoneyQuote marks its entrance into the InsurTech space, where the firm’s CEO Oscar Seikaly believes the industry is heading.
About NSI Insurance Group
NSI Insurance Group is among the largest privately-owned insurance brokerage firms. Founded in 1958, the firm operates in over 85 countries with five business segments, including personal and commercial insurance, employee benefits, and specialty programs.
HoneyQuote is a digital insurance agency powered by a proprietary search engine allowing clients to compare and purchase insurance coverage in an online marketplace. Licensed in Florida and Texas, HoneyQuote’s products include homeowners and flood insurance across 30 of the top insurance carriers.
Stampede Insurance | April 23, 2022
Stampede Insurance Services, an independent insurance agency based in Pasadena, CA, is happy to announce its new partnership with Bliss Drive. Bliss Drive is a well-known digital marketing company specializing in B2B inbound lead generation solutions. One of the key products offered by Stampede Insurance in Pasadena is general liability insurance. They want to point out that every business is exposed to the risk of accidents and injuries happening on the business premises. General liability insurance coverage can provide the protection needed by California businesses in case unexpected events happen where the business is forced to spend on legal fees.
California general liability insurance, along with your property and work comp policies, protects your business if you're sued for personal injury or property damage. A typical policy will cover those accidents or damages that occur on-site or as a result of using goods or services sold by the company. In addition, coverages can be designed to cover additional costs like attorney fees or court costs.”
Rene Rebollo, a spokesperson for Stampede Insurance Services.
Stampede Insurance agents can help clients in taking into account all aspects of the general liability insurance package in order for the client to have the most relevant policy available. These agents will help in customizing a particular plan that works for businesses in Pasadena, including the Long Beach, Los Angeles, Anaheim, San Bernardino, and Riverside areas. The company is also licensed to offer its services in Alabama, Arizona, California (#0H18184), Florida, Kansas, Kentucky, Louisiana, Mississippi, New Mexico, Nevada, Oklahoma, and Texas.
They can also provide contractors general liability insurance and other coverages that are essential for contractors, such as commercial auto coverage, business risk insurance, and insurance for tools and equipment. California contractors' insurance can be quite confusing at times, which is why their agents are always ready to assist clients during the process of choosing the proper coverage for a particular company.
Meanwhile, Bliss Drive believes that search engine optimization (SEO) is a key component of any successful online marketing strategy. If done correctly, SEO can help in significantly improving a website’s visibility when a potential customer searches for a particular keyword or phrase. And it is vital to maintain high rankings on the major search engines, or else the competition will eventually catch up and surpass the company’s position on the search engine pages. Bliss Drive crafts full-spectrum SEO campaigns after in-depth planning and research, and these are supported by real-world data. They combine proven methodologies and cutting-edge technology with their proprietary approaches for coming up with custom-fitted solutions that are based on the requirements of a particular company.
Pasadena’s population is just over 140,000, which means that businesses can take advantage of the diverse economy mixed with Pasadena’s small-city environment. Doing business in a smaller city means that your reputation is more important than ever. Word-of-mouth travels fast, and the key to securing loyal customers in the area is to establish yourself as a leader in your industry. This is why digital marketing is so important, as it helps spread the word about your business while allowing you to interact directly with your customers.”
Richard Fong, founder, and CEO of Bliss Drive, LLC.
Having started its operation in 2010, Stampede Insurance Services is capable of servicing clients throughout the nation and are licensed in many of the states. Each one of their clients is provided with a dedicated team of experts that work together to expertly all of the client’s concerns. They specialize in general liability, business owners policy, builders risk, bonds, contractors, commercial auto, commercial property, commercial umbrella, and workers compensation insurance and allow clients to save money on their business insurance. They also offer all kinds of personal insurance coverages to clients in all of their licensed states, including homeowners insurance, boat & watercraft insurance, auto insurance, motorcycle insurance, and flood insurance. They also provide condo insurance, earthquake insurance, landlord insurance, renters insurance, and manufactured / mobile home insurance.