LEHI, Utah, Aug. 24, 2022 /PRNewswire/ — PCF Insurance coverage Companies (PCF), one of many high 20 U.S. insurance coverage brokerage corporations, introduced right now the acquisition of Florida-based insurance coverage dealer Apple Insurance coverage and Monetary Companies.
Apple Insurance coverage is a widely known particular person well being and Medicare insurance coverage company based mostly in Ft. Lauderdale, Florida, providing entry to Florida Blue, a high provider within the house.
“Apple Insurance coverage is a thriving, high-growth company,” says Peter C. Foy, Chairman, Founder, and CEO of PCF Insurance coverage Companies. “With their confirmed mannequin for development and continued worth creation, Apple Insurance coverage offers PCF a powerful foothold in some of the aggressive particular person well being care markets within the U.S.”
PCF Insurance coverage selects Company Companions who consider within the PCF Insurance coverage enterprise technique, have confirmed success of their {industry}, and need to develop past their present capability. Apple Insurance coverage’s deal with strategic, nationwide development and collaboration aligns with PCF Insurance coverage’s quickly increasing portfolio of Company Companions.
“Apple Insurance coverage is a one-stop store for insurance coverage within the South Florida market with a various portfolio of insurance coverage initiatives,” mentioned Rick Jultak, Principal at Apple Insurance coverage. “With PCF, we have now a transparent path to creating useful strategic companions with different top-tier insurance coverage companies all through the nation.”
The phrases of the deal weren’t disclosed.
In 2022, PCF Insurance coverage has accomplished or has below the letter of intent 104 acquisitions, persevering with its industry-leading M&A tempo. PCF’s well-diversified income stream continues to allow its strategic investments in expertise and infrastructure build-outs to help its important community growth.
About Apple Insurance coverage & Monetary Companies
The main South Florida company for Florida Blue, Apple Insurance coverage and Monetary Companies is a full-service company offering a whole vary of insurance coverage merchandise, from major medical and Medicare supplemental insurance coverage to long-term care protection, dental plans, accident plans, and pet insurance coverage. Study extra at appleinsurance.com.
About PCF Insurance coverage Companies
A high 20 U.S. dealer headquartered in Lehi, Utah, PCF Insurance coverage Companies is a number one full-service guide and insurance coverage brokerage agency providing a broad array of business, life and well being, worker advantages, and employees’ compensation options. Propelled by its folks, PCF Insurance coverage’s agency-centric working mannequin and entrepreneurial atmosphere help its super development profile, providing companions alignment via fairness possession, important management incentives, and sources to over 3,100 workers all through the U.S. Acknowledged as a high acquirer by The Hales Report, ranked #20 on Enterprise Insurance coverage’s 2022 High 100 Brokers and #13 on Insurance coverage Journal’s 2022 High Property/Casualty Businesses, PCF Insurance coverage is a notable chief within the insurance coverage house. Study extra at pcfins.com.
SOURCE PCF Insurance coverage Companies