Trucordia, PCF Insurance coverage Companies, has acquired enterprise of Boater’s Insurance coverage Company, a agency specialising in marine insurance coverage options.
Monetary particulars of the acquisition stay undisclosed.
Established in 1989 and based mostly within the San Francisco Bay Space, Boater’s Insurance coverage Company is understood for creating specialised options for shoppers inside the marine business.
The corporate’s licencing permits it to function throughout all 50 states.
Trucordia chief improvement officer Brooke Ok. DeWyze stated: “Boater’s Insurance coverage brings distinctive choices and strong expertise in marine insurance coverage options to Trucordia, which is able to deepen our bench energy on this vertical. The staff’s spectacular development, which has been rooted in forging robust relationships, makes BIA a great match for our increasing firm.”
The transfer is a part of Trucordia’s “development technique”, which entails buying companies in potential industries and markets to reinforce shopper providers.
This acquisition follows Trucordia’s buy of CADA Insurance coverage Companies in January 2025.
The corporate gives insurance coverage options together with auto, residence, business, common legal responsibility, and employees’ compensation.
CADA has presence in Louisiana with workplaces in Baton Rouge, Chalmette, Gretna, and Kenner.
In January 2025, Trucordia additionally acquired Rusty Healy Insurance coverage Company, a Mississippi-based supplier providing auto, residence, enterprise, and life insurance coverage options.
The corporate rebranded from PCF Insurance coverage Companies to Trucordia, reflecting its committment to belief and collaboration.
Trucordia’s development plan, revealed in 2024, is constructed on three basic pillars: optimising operations via a regional administration construction, constructing a unified service basis, and increasing the community via enterprise acquisitions.
