OneDigital, an insurance brokerage, financial services, and HR consulting firm, has acquired Fortune Insurance, a property and casualty firm headquartered in Tacoma, Washington.
A press release announcing the news said that with an established presence in employee benefits, HR, and financial services throughout Washington, the strategic acquisition expands OneDigital’s capabilities into property and casualty insurance and strengthens the business’ risk management footprint in the region. It also advances OneDigital’s commitment to delivering integrated, end-to-end solutions for employers.
Founded in 2014 by President Grant Baldwin, Fortune Insurance has earned a strong reputation for delivering a wide range of services—including general and professional liability, property and vehicle coverage, excess and umbrella policies, workers’ compensation, employment practices liability and intellectual and product liability, the press release said. It also noted that Fortune has become a go-to resource for practical, industry-specific cyber solutions that help clients safeguard their operations and stay ahead of evolving risks.
Through the partnership, the Fortune team will gain access to OneDigital’s nationwide network of P&C resources. The collaboration will strengthen OneDigital’s P&C presence across the Western region, complementing its existing offices in California, Colorado, Idaho and Utah, the press release said.
Topics Mergers & Acquisitions
Was this article valuable?
Here are more articles you may enjoy.
Opportunity for Private Flood Insurers With Threat of Another NFIP Lapse 
20,000 AI Users at Travelers Prep for Innovation 2.0; Claims Call Centers Cut 
Accuweather: Winter Storm to Cause Up to $115B in Damage, Economic Losses 
Why Power Outages Do More Economic Damage Than We Think 
