Confie snaps up agencies in two states

Confie snaps up agencies in two states | Insurance Business

Confie snaps up agencies in two states

National insurance distributor Confie has announced the acquisitions of two agencies, Best Rate insurance in Alabama and Luxor Insurance in California. The acquisitions will expand Confie’s footprint in both states.

Best Rate Insurance specializes in non-standard auto insurance and maintains three offices in the Mobile, Ala., area. Luxor Insurance, which also specializes in non-standard auto insurance, maintains three locations in Southern California.

“We welcome Best Rate and Luxor to the Confie family, and look forward to serving the residents and businesses in their communities,” said Cesar Soriano, CEO of Confie. “Adding these brands to our portfolio increases our footprint in two existing markets and builds momentum toward becoming the largest insurance distribution company in the nation.”

The acquisitions are part of Confie’s aggressive growth strategy for 2019, the company said