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 boost Inszone Insurance coverage’s experience, notably 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 up as the first proprietor in 1992.
Jim Simonds has expertise in Worker Advantages and Property & Casualty insurance coverage, with experience in creating specialised threat administration providers for healthcare corporations.
Jim mentioned: “Inszone stands out by far; nobody else is doing what they’re doing in the identical model. To not point out, a lot of the workforce 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. workforce to Inszone.
“Jim Simonds has constructed a outstanding company with a popularity for excellence. Collectively, we are going to proceed to supply the excessive stage of service and specialised options that purchasers have come to count on from Simonds & Co., now with the added sources and help of Inszone.”
Final month, Inszone acquired ISU Francis-Pinney Insurance coverage Providers for an undisclosed sum.
