Arrowhead General Insurance Agency, a subsidiary of Brown & Brown, has acquired “substantially all” of the assets of TriCoast Insurance Services, according to a news release.
TriCoast Insurance provides agents and insureds access to earthquake and hurricane insurance products. The company, headed by principal Craig Justice, has annual net revenues of about $2.4 million. TriCoast will become part of Arrowhead and operate under the direction of Arrowhead executive vice president Steve Bouker. Justice will continue to partner with Arrowhead to provide specialty catastrophe insurance products, according to the release.
Does your company deserve recognition as the Top Producer of the Year or do you know someone who should be nominated in one of 23 other categories? Nominate yourself or a colleague now – it's free to enter and takes just a few minutes.
“Craig’s extensive experience in the earthquake and hurricane insurance space was invaluable in the development and marketing of new products,” Bouker said. “We look forward to further expanding our product offerings and Craig’s continued partnership with Arrowhead.”
“Arrowhead’s backing and support allowed me to leverage my contacts and experience to deliver high quality products and services to agents and insureds,” Justice said. “I look forward to my continuing relationship with Arrowhead and new opportunities for my valued clients.”
Related stories:
Brown & Brown to acquire Social Security disability provider
Brown & Brown make Miami acquisition
