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PCF Insurance coverage, a US-based insurance coverage brokerage, has bought the insurance coverage companies of Encore Advisors and All Star Insurance coverage.
Each Encore and All Star are situated in key markets for PCF Insurance coverage because the brokerage goals to broaden its footprint in Georgia and Texas, amongst different high-growth geographies in 2024.
Encore is a fast-growing, family-run boutique worker advantages firm outdoors of Atlanta. Becoming a member of PCF will assist the agency’s purchasers profit from higher protection options and elevated entry to companies.
All Star relies outdoors of Dallas and can bolster the collective providing of insurance coverage, threat administration and loss management options throughout the trade.
“We’re excited to welcome Encore Advisors and All Star Insurance coverage to the PCF household as we proceed to broaden our footprint and deepen our capabilities,” stated Brooke Ok. DeWyze, chief improvement officer at PCF Insurance coverage.
“These dynamic groups are a superb match for PCF as a result of their specializations and area of interest markets align nicely with our development technique, with Encore increasing our capabilities for worker advantages options and All Star strengthening our collective bench energy in serving the transportation trade.”
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By GlobalData
In offers information, Ardonagh has introduced that it has agreed to buy Mansutti, the business strains enterprise of Italian insurance coverage dealer Mansutti S.p.A..
The agency has existed for almost a century and generations of the Mansutti household have crafted a fame servicing private clients. It has been most just lately led by Tomaso Mansutti.
Mansutti S.r.l companies 8,000 clients throughout SME strains together with Legal responsibility, Property, Worker Advantages, Automotive, and Marine, encompassing €45.5m of Gross Written Premium.
As well as, the Mansutti S.r.l staff of 30 will proceed to service their consumer base and contribute to the accelerated development of the Group’s European footprint, sitting alongside the just lately introduced acquisition Mediass, led by Gianluca Graziani, and reinsurance and MGA enterprise, Teksure.