Breaking News
PCF Insurance Acquires Utah-Based A Insurance Agencies
PCF Insurance Services (PCF), a top 20 U.S. insurance brokerage firm, has announced its acquisition of A Insurance Agencies based in Syracuse, Kaysville, and Marriott-Slaterville, Utah. Founded in 1981, A Insurance is a full-service personal lines insurance provider specializing in life, home, auto, and business.
“Our Agency Partners have a strong desire for growth and to preserve their client and community relationships that build their local businesses,” said Peter C. Foy, Chairman, Founder, and CEO of PCF Insurance. “A Insurance is an extraordinary agency and genuinely cares about their employees, customers and community, which is what PCF is all about. We’re thrilled to welcome the A Insurance team to the PCF family.”
A key competitive advantage for PCF Insurance is the powerful combination of Agency Partner autonomy to continue leading their business, now with access to a best-in-class team for shared services and resources to generate significant value for the collective success of all. PCF Insurance selects Agency Partners who believe in the PCF business strategy, possess a proven track record of success, are highly entrepreneurial, and are looking to grow beyond their current watermark.
“PCF has been a breath of fresh air,” said Roger Grow, principal and owner of A Insurance since 1995. “They were the only option that allowed our agency to retain our name and company culture, as well as gain access to comprehensive shared services and resources. Growth is inevitable with PCF.”
To date in 2022, PCF Insurance has completed or has under letter of intent 66 acquisitions, continuing its industry-leading mergers and acquisitions (M&A) pace. Terms of the deal were not disclosed.
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