Confie, a national provider of personal and commercial lines insurance, has acquired Absolute Insurance Agency, Inc., in Miami.
Absolute, established in 1989, focuses on providing non-standard auto insurance.
Confie has completed 14 acquisitions thus far in 2016. According to CEO of Confie, Valeria Rico, said, the company continues to seek out additional agencies that will add to its retail locations.
Confie is a California-based national insurance distribution company primarily focused on personal lines and small commercial insurance. Confie is a portfolio company of ABRY Partners.
Topics Mergers & Acquisitions
Was this article valuable?
Here are more articles you may enjoy.
Brightline Lands $350 Million Assured Loan in Case of Bankruptcy 
Willis Towers Watson Accuses Lockton of ‘Smash and Grab’ of Construction Team 
AIG Executive Chair and Former CEO Zaffino Set to Exit for Palantir 
As AI Agents Go Rogue, Cyber Insurers Are Adapting Their Policies 
