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.
Alaska Airlines Vows IT Upgrades After Outage Forces 400 Flight Cancellations 
AIG to Acquire Renewal Rights of Everest’s Retail Commercial Business Worth $2B 
Chubb Books Record P/C Underwriting Income, Combined Ratio in Q3 
Viewpoint: Insurance and AI – A Double-Edged Sword 
