Florida-Based Triton Acquires Phoenix Insurance, Expands into Commercial Market

Triton Insurance Group, Inc., based in Margate, Fla., has entered the commercial insurance market with the acquisition of Phoenix Insurance Group, located in Coral Springs.

Currently, Triton Insurance Group, Inc., offers personal lines insurance in the state of Florida and has purchased Phoenix Insurance Group with the intention of bringing its same business model to the commercial insurance Industry.

According to Triton Owner and Partner William “B.J.” Michaud, the commercial market is a natural fit for Triton, whose clients are “professionals, business owners, decision makers, and influencers that have more complex needs than most, in both their personal and professional lives.”

The acquisition will provide Triton access to hundreds of commercial markets and relationships.

Triton Insurance Group is a Florida provider of home, auto, business, motorcycle, umbrella, boat and workman’s compensation insurance.

Topics Mergers & Acquisitions Florida Commercial Lines Business Insurance