The Woodlands, Texas-based The Woodlands Financial Group Inc. (TWFG) has acquired the Vela Insurance Agency Inc., located in Pearland, Texas.
Jerri Vela, former owner of Vela Insurance Agency, expressed joy and excitement when she announced the sale of her agency to The Woodlands Financial Group.
TWFG is a retail and managing general agency specializing in property/casualty and life/health insurance, and financial planning, and is on Insurance Journal‘s list of Top 100 Property and Casualty agencies in the nation.
Source: TWFG
Topics Mergers & Acquisitions
Was this article valuable?
Here are more articles you may enjoy.
Broad AI Exclusions in Insurance Policies Could Create Uncertainty, Marsh CEO Says 
KCC Says Isaias Insured Losses to Be $3 Billion; AM Best Calls Storm an Earnings Event 
Insurer Rolls Out Policy to Protect Data Centers Against Growing Backlash 
Reuters: DXC in Advanced Talks to Sell Insurance Software Unit for $2.4 Billion 
