Confie Broadens Presence in Existing Markets with Insurance Agency Acquisitions in Las Vegas, South Florida, and Washington State

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May 04, 2016, 09:05 ET

HUNTINGTON BEACH, Calif., May 4, 2016 /PRNewswire/ -- Confie, a national provider of personal and commercial lines insurance, announced today that it continues to further broaden its presence in existing markets with the acquisition of three insurance agencies in Las Vegas, South Florida, and Washington State.

Confie acquired the assets of: Auto Insurance Specialists, Inc. of Las Vegas, whose primary focus since its founding in 2007 is personal auto insurance; Trinity Insurance, LLC, operating three locations in South Florida, Homestead, Cutler Bay, and Palmetto Bay, focuses on providing auto insurance since 2009; and Whitehead Insurance, Inc., an independent agency based in Yakima, Washington primarily offering auto insurance since 1955.

Valeria Rico, Chief Executive Officer of Confie, said, "As we continue to expand Confie's insurance products to new markets, we are also focused on broadening our presence in existing markets we have not fully penetrated. Nevada, Florida, and Washington State are attractive markets, and we are pleased to partner with these leading agencies and integrate them into the Confie family of companies."

About Confie

Established in 2008, Confie is a leading, California-based national insurance distribution company primarily focused on personal lines and small commercial insurance. The experienced Confie management team continues to build Confie's portfolio of regional personal lines brokerages. Today, Confie has over 700 retail locations and generates annual revenues approaching $500 million. The company has leading market positions in California, Arizona, Texas, Florida, Washington, Oregon, Massachusetts, New York, New Jersey, Nevada, Illinois, Alabama, Kansas, Wisconsin, South Carolina, Missouri, Louisiana, and Indiana and expects to continue its expansion in those and other states, including Georgia, Virginia and North Carolina. Confie is a portfolio company of ABRY Partners. For more information about Confie, please visit www.confie.com.