Renaissance, a network of independent insurance agencies, has acquired the agency network business of Evolution Partners, a California-based membership group that helps independent insurance agencies secure direct appointments with insurance carriers.
According to a press release, the arrangement gives Evolution Partners’ members the opportunity to tap into Renaissance’s network benefits. These include expanded market access, placement services, agency technology tools and service resources for independent insurance agencies.
As part of the acquisition, Navion Insurance Associates, the flagship agency of Evolution Partners, will be the first in the network to adopt the Renaissance platform.
Evolution Partners is the fourth individual network to join Renaissance since 2023. The transaction continues Renaissance’s expansion into the West and affirms its strategy to partner with smaller networks which, like individual agents, are looking for opportunities to grow.
Topics Mergers & Acquisitions
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