PCF Insurance coverage Companies snaps up 360 Insurance coverage

PCF Insurance coverage Companies has snapped up the insurance coverage operations of Nevada-based 360 Insurance coverage.

Lifting the lid on the acquisition, PCF Insurance coverage chief growth officer Brooke Okay. DeWyze (pictured) mentioned: “360 Insurance coverage was based on the rules of superior service, belief, and expertise, which have served as the inspiration for his or her continued success.

“We’ve recognized Las Vegas as a precedence market inside our M&A (mergers and acquisitions) technique, and it grew to become clear by way of our conversations with 360 Insurance coverage that the workforce shares PCF Insurance coverage’s dedication to extraordinary service and progress.

Established over 75 years in the past within the Las Vegas Valley, 360 Insurance coverage has been offering a variety of insurance coverage options – auto, residence, business, and life – to each private and enterprise policyholders.

Licensed throughout the US, the corporate’s integration into PCF Insurance coverage is predicted to convey enhanced advantages to shoppers, together with expanded protection choices, extra aggressive pricing, and extra companies corresponding to in-house danger administration and claims advocacy.

PCF Insurance coverage, in the meantime, stays on observe with its formidable purpose of accelerating its EBITDA (earnings earlier than curiosity, taxes, depreciation, and amortization) by $50 million by the top of 2024.

Current acquisitions by the group embody the operations of Asset Insurance coverage Company, DLD Insurance coverage Brokers, Montalvo Insurance coverage Company, Ignitist, The Brady Company, Roseberry Insurance coverage Company, and The Sinnott Company.

The corporate’s acquisition technique focuses on bolstering its core choices in property & casualty and well being & advantages in key markets, whereas additionally enhancing its in-house experience in danger administration and loss management for increasing industries.

Headquartered in Utah, PCF Insurance coverage promotes progress by way of fairness possession, expanded protection choices, and shared companies, which assist its community of over 4,000 workers nationwide.

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