National Expansion: Inszone Insurance Services Acquires Esquire Insurance
Strengthening Its Footprint Across the Country
Inszone Insurance Services, a prominent American insurance brokerage, has taken a significant step forward in expanding its national presence with the strategic acquisition of Esquire Insurance, based in Denver, Colorado. The financial details of the deal remain undisclosed.
Esquire Insurance: A Brief Overview
Founded in 2007 by Brian Cook and Scott Ligouri, and later joined by John R. Thomas in January 2021, Esquire Insurance operates under the name Loft & Co. With physical locations in three states, the company initially focused on personal lines insurance but has since diversified into commercial lines under the guidance of John R. Thomas. Notably, Loft & Co has developed a specialized division catering to high-net-worth clients, offering substantial umbrella policies.
Innovative Solutions and Partnerships
One of the company’s standout features is its Coverage Link product, which enables collaboration with credit unions and financial institutions to provide co-branded insurance solutions and revenue-sharing opportunities. This acquisition is expected to grant Loft & Co’s clients access to a broader range of insurance carriers and resources, ensuring a seamless transition and continued provision of customized insurance solutions.
A Shared Vision for the Future
Inszone CEO Chris Walters praised the acquisition, stating, “Brian, Scott, and their team have built an innovative agency with a strong commitment to client service and technological advancement. Their approach aligns with our vision for the future, and we look forward to combining our resources to enhance service offerings and continue driving growth.” Brian Cook, co-founder of Loft & Co, echoed this sentiment, highlighting the need for a partner that could provide the necessary resources for continued growth and expansion.
Recent Expansion Efforts
This acquisition follows Inszone’s recent expansion of its group benefits capabilities through the purchase of Get Benefits Insurance Services, headquartered in Ventura County, California. As the company continues to grow and expand its services, it remains committed to providing exceptional client service and innovative solutions.
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