US-based insurance coverage middleman Inszone Insurance coverage Companies is persevering with to construct its nationwide presence with the acquisition of Cameo Insurance coverage Companies .
The monetary worth of the deal was not disclosed.
The acquired agency was based in 1992 by Tyrone Smith in California, which can be Inszone’s dwelling state.
Cameo Insurance coverage Companies’ primary goal was to supply bespoke insurance coverage options to its shoppers to satisfy their wants at reasonably priced costs.
Over time, the insurer gained recognition for its expertise in providing dwelling and auto insurance coverage merchandise.
Inszone Insurance coverage Companies CEO Chris Walters stated: “Tyrone has been offering nice customer support to his shoppers and we look ahead to persevering with that service whereas offering a mess of extra assets.
“Cameo Insurance coverage marks the thirty third acquisition in our dwelling state of California and we’re happy to see the continued progress.”
Since its inception, the acquired agency is claimed to have helped 1000’s of shoppers save 1000’s of {dollars}.
Based in 2002, Inszone gives quite a lot of property and casualty insurance coverage, in addition to worker advantages options.
It’s presently operational in 34 areas throughout California, Arizona, Nevada, Utah, Colorado, Missouri, Texas and Illinois.
As it really works to increase its nationwide footprint, Inszone is anticipated to announce a sequence of great acquisitions within the coming months.
Inszone’s latest acquisitions embody Capizzi Insurance coverage, Younger Insurance coverage Group and GM Lawrence Insurance coverage Brokerage. In early 2022,
Inszone acquired Mirae Insurance coverage Companies and Pacific Redwood Insurance coverage, amongst others.
