COVU, Inc., an AI-native customer servicing platform for the insurance industry announced the acquisition of Uno Insurance Services, a fast-growing Texas-based agency with a stronghold in Houston’s Spanish-speaking communities and a track record of revenue growth through targeted acquisitions.
This marks COVU’s second acquisition and the company’s first major acquisition in the Texas market. The company said the move demonstrates the scalability of its platform to serve both urban and culturally diverse populations.
Led by principal Eddie Vitale, Uno Insurance Services has grown revenues an average of 26% over the past three years by acquiring and integrating small local agencies throughout the Houston area, according to a COVU statement. The agency has a primarily Spanish-speaking customer base, and strong carrier relationships including Progressive, Southern Vanguard, and Allstate.
Topics Mergers & Acquisitions Texas
Was this article valuable?
Here are more articles you may enjoy.
‘Cockroaches in My Food’ Claim Leads to Insurance Fraud Charge 
AIG Executive Chair and Former CEO Zaffino Set to Exit for Palantir 
Lockton Named in NBA Investigation Into Clippers Salary Cap Circumvention 
Florida Citizens Awards Commercial Clearinghouse Management to Bridge Specialty 
