Western National Mutual Insurance Co. and Alfa Insurance announced an agreement for Alfa to purchase Legacy Insurance Services Inc. in Arizona.
The deal is pending final regulatory approval.
Alfa is acquiring the Legacy and Arizona Auto Insurance Co. entities, as well as the Nevada General Insurance Co. book of business. Legacy and AAIC were originally acquired by Western National in 2010.
Legacy Insurance Services is an Arizona-domiciled general agency headquartered in Phoenix and writing exclusively non-standard personal auto insurance. AAIC is an Arizona-domiciled property-and-casualty insurance company writing non-standard personal auto insurance in Arizona and Colorado. NGIC’s book of business includes non-standard personal auto insurance in Nevada.
Alfa acquired Trexis, formerly Vision Insurance Group, LLC, in 2005. Since then, the non-standard company has grown its portfolio. Trexis is headquartered in Franklin, Tennessee, and serves customers through a network of independent agents.
Alfa Insurance is headquartered in Montgomery, Alabama.
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