Utah-based Veracity Acquires Stratus

Pleasant Grove, Utah-based Veracity Insurance Solutions LLC has acquired Stratus Insurance Services Inc.

Of particular interest to Veracity was Stratus’s collective experience in program management. The Stratus team brings the notable perspective of decades of expertise to Veracity. Stratus members joining Veracity officers include Daryle Stafford as president and CEO, Chris Van Leeuwen as vice president of sales and Melanie Allen as vice president of operations.

“We are very excited about this opportunity to grow and provide more products and services to our customers,” Veracity President Daryle Stafford said in a statement. “Stratus has a great history in the insurance industry and we are excited to bring that knowledge and experience to Veracity.”

The enhanced Veracity product line now includes complete Program Management Services, small business insurance, wholesale brokerage, vitamin and supplement insurance, outdoor recreation insurance and a host of specialty and general liability services.

Veracity specializes in the placement of programs, general liability, and product liability insurance.

Topics Mergers & Acquisitions