US-based insurance coverage brokerage Inszone Insurance coverage Providers has acquired Albert C. Simonds & Co. Insurance coverage Providers for an undisclosed sum.
This transfer is about to reinforce Inszone Insurance coverage’s experience, significantly within the healthcare and rising expertise sectors.
Based in 1969, Albert C. Simonds & Co. has been current within the insurance coverage business for the previous 5 a long time.
In 1983, Albert Simonds’ son, Jim Simonds, joined the corporate, taking on as the first proprietor in 1992.
Jim Simonds has expertise in Worker Advantages and Property & Casualty insurance coverage, with experience in growing specialised threat administration companies for healthcare corporations.
Jim mentioned: “Inszone stands out by far; nobody else is doing what they’re doing in the identical fashion. To not point out, a lot of the crew comes from an acquisition.”
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Inszone expects the acquisition to bolster its capabilities and supply Simonds & Co.’s purchasers entry to a wider community of carriers, improved back-office help and a continued dedication to service.
Inszone CEO Chris Walters mentioned: “We’re thrilled to welcome the Simonds & Co. crew to Inszone.
“Jim Simonds has constructed a outstanding company with a fame for excellence. Collectively, we’ll proceed to supply the excessive degree of service and specialised options that purchasers have come to anticipate from Simonds & Co., now with the added assets and help of Inszone.”
Final month, Inszone acquired ISU Francis-Pinney Insurance coverage Providers for an undisclosed sum.
