Inszone Insurance Services continues its acquisition spree as it snaps up another California-based agency.
According to a press release, Inszone has acquired Citizens General Insurance Brokers, Inc., which provides value-based insurance solutions tailored specifically for small businesses and the construction sector.
Citizens General Insurance Brokers was founded in 2011 by Philip McClendon. The company’s commitment to quality service and prompt customer care has propelled it to the forefront of the industry within a short period of time.
With this latest acquisition, Inszone maintains its position as a dominant player in the commercial insurance industry, building on the growth trajectory that it has established in recent years.
“At Inszone, we share Citizens General’s passion for serving customers and providing them with the best possible solutions,” said CEO Chris Walters. “We are thrilled to integrate them into the Inszone family and look forward to collaboratively reaching out to a wider demographic across various industries.”
“The process of the merger with Inszone has been an absolute pleasure,” added Philip McClendon, the previous owner of Citizens General Insurance Brokers. “From the highest levels of leadership to the entire team, everyone at Inszone has been professional, supportive, and aligned with our values. Despite their rapid growth and size, Inszone maintains a warm and personable culture that resonates with our own, and it does not feel like a typical corporate environment.”
Inszone’s latest acquisition comes just weeks after it had to set a company record for completing six M&A deals within a single week.
The company currently has 42 locations across California, Arizona, Nevada, Utah, Colorado, Michigan, Missouri, Oregon, Texas, and Illinois, with plans to continue expanding throughout the country.
Some of its most recent acquisitions include Champion Insurance Group in Texas, The Contractors Insurance Group in Arizona, and Larry Fu Insurance Agency in California.
What are your thoughts on this story? Feel free to comment below.
