ABRY Partners News

Confie Seguros Acquires 2 New York, 1 California Brokers

Confie Seguros, a national provider of personal lines insurance, has acquired three insurance brokerages, two in New York’s Buffalo area and one in California. Confie Seguros acquired The Insurance Market Agency Inc. in Tonawanda, New York and Action Auto Insurance …

ABRY Partners Exploring Sale of York Risk Services

York Risk Services Group Inc., the insurance claims services provider owned by private-equity firm ABRY Partners LLC, is exploring a sale that may value the business at more than $1.5 billion, people with knowledge of the matter. York Risk is …

Confie Head Eyes Commercial Acquisitions for Rest of 2014

Confie Seguros’ president wants it known that the agency made good on its promise a year-and-a-half ago to up its buying spree and expand into standard personal and small commercial lines, all while broadening its demographic from being primarily a …

Genstar Capital in Northern California Creates Earthquake Insurance Platform

Mid-market private equity firm Genstar Capital Management LLC has partnered with an insurance industry veteran to create a new platform company, Palomar Insurance Holdings, which will initially serve as a provider of commercial and residential earthquake insurance. Concurrent with the …

Confie Seguros Acquires Olympic Insurance in Washington

Confie Seguros has acquired Olympic Insurance in Shelton, Wash., a provider of auto, home and small commercial insurance. Olympic Insurance was founded in 1997 and is a privately owned independent insurance agency serving Washington. Confie first entered Washington in 2010 with the acquisition of …

Confie Seguros Acquires Capital Insurance Agency in New Jersey

Hispanic market-focused insurance agency network Confie Seguros announced the acquisition of Capital Insurance Agency of Trenton, N.J. Capital Insurance has been in business since 1935 and specializes in personal insurance lines, as well as commercial insurance. Confie Seguros CEO Joe …

Confie Eyes More Expansion, Push Into Standard Lines

In the coming year Confie Seguros plans to up its buying spree and expand into standard personal and small commercial lines, while broadening its demographic from being primarily Hispanic focused, the president of the Buena Park, Calif.-based insurance agency said …

Confie Seguros Buys Florida, Nevada Agencies

Confie Seguros, a national provider of personal lines insurance focused on Hispanic consumers, has acquired four regional insurance brokerages in Florida and Nevada. Confie Seguros completed the acquisitions of Florida-based Maurisset Insurance, CNS Insurance Services and Briar Bay Insurance, as …