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.
Zurich Reveals Beazley Stake After UK Insurer Spurns Bid 
Florida Committees Approve MGA, Litigation Funding Restriction Bills 
Opportunity for Private Flood Insurers With Threat of Another NFIP Lapse 
Bumble, Panera Bread, CrunchBase, Match Hit by Cyberattacks 
