Confie Seguros Ranked in Best's Review's Top 20 Global Insurance Brokers
Ranked #18, Company Continues Rapid Growth Since Acquisition by ABRY Partners
HUNTINGTON BEACH, Calif., July 8, 2014 /PRNewswire/ -- Confie Seguros, a national provider of personal lines insurance, has been ranked in Best's Review's annual Top 20 Global Insurance Brokers. Confie Seguros has grown rapidly since it was formed in 2008 and since its acquisition by ABRY Partners in 2012.
Joe Waked, CEO of Confie Seguros, said, "We are very pleased to be included in Best's Review's ranking of insurance brokers and to be associated with other leading companies. We have dramatically grown Confie in a relatively short period of time, and our partnership with ABRY has enabled us to further our progress and increase revenues from $200 million to $300 million. I would like to thank the entire Confie management team and employees for helping us achieve this key milestone. Our future remains bright, as we see terrific growth for the remainder of 2014 and our acquisition pipeline is robust. We continue to evaluate exciting new companies that will help expand our portfolio and our geographic reach."
Over the past 18 months, Confie has grown to a national retail organization with 540 offices.
About Confie Seguros
Established in 2008, Confie Seguros is a leading, California-based national insurance distribution company primarily focused on the insurance needs of Hispanic consumers. The experienced Confie Seguros management team, led by CEO Joe Waked, continues to build Confie Seguros' portfolio of regional auto insurance brokerages, and today has annual revenue of more than $300 million and 540 retail locations. The company has leading market positions in California, Arizona, Texas, Florida, Washington, Oregon, 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 Seguros is a portfolio company of ABRY Partners. For more information about Confie Seguros, please visit www.confieseguros.com.
Contact:
Mordy Rothberg
President
Confie Seguros
201-880-7902
[email protected]
OR
Chris Tofalli
Chris Tofalli Public Relations, LLC
914-834-4334
SOURCE Confie Seguros
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