Confie, a national provider of personal and commercial lines insurance, has acquired Absolute Insurance Agency, Inc., in Miami.
Absolute, established in 1989, focuses on providing non-standard auto insurance.
Confie has completed 14 acquisitions thus far in 2016. According to CEO of Confie, Valeria Rico, said, the company continues to seek out additional agencies that will add to its retail locations.
Confie is a California-based national insurance distribution company primarily focused on personal lines and small commercial insurance. Confie is a portfolio company of ABRY Partners.
Topics Mergers & Acquisitions
Was this article valuable?
Here are more articles you may enjoy.
Endless Shrimp Deal Was Scheme to Squeeze Red Lobster, Suit Says 
PE-Backed Insurance Broker Hub International Files Confidentially for US IPO 
UK Payments Firm Moved Billions for Risky Clients Before FCA Seizure 
US P/C Rebounds to Post Q1 Underwriting Gain; Net Income Doubles 
