Trucordia Acquires Global Financial & Insurance Services

Trucordia today said it has acquired Global Financial & Insurance Services, a provider of tailored insurance and financial solutions for individual, families, and business in all 50 states.

Terms of the deal were not disclosed.

Felix Morgan, CEO of Trucordia, said the Irving, Texas-based brokerage’s “client-focused solutions, risk management, and access to top carriers strengthens our ability to support clients’ evolving financial security needs from coast to coast.

“This acquisition is part of Trucordia’s strategy of building a platform of insurance businesses and financial service providers that ensures local experience can be backed by national resources,” he added.

Global Financial & Insurance Services offers personal and commercial coverage solutions, including auto, home, liability, life, umbrella, workers’ compensation, surety bonds, property, and commercial vehicles, along with specific solutions for gas stations, hotels, aviation, education, and other industries. They also provide retirement planning, asset protection, tax strategies, debt management, and legacy planning.

Lindon, Utah-based Trucordia ranked #16 in the Insurance Journal 2025 Top 100 Independent Property/Casualty Agencies report with about $565 million in P/C revenue. Since getting more than $1 billion in an investment from Carlyle earlier this year, Trucordia has been active on the M&A front. Most recently it acquired five local agencies in four states.

Global Financial & Insurance Services offers coverages for auto, home, liability, life, umbrella, workers’ compensation, surety bonds, property, and commercial vehicles. It deals with gas stations, hotels, aviation, education, and other industries. They also provide retirement planning, asset protection, tax strategies, debt management, and legacy planning.

Topics Mergers & Acquisitions