— Posted in News
Confie acquires two companies
Personal and commercial lines insurance provider Confie has acquired Day & Read in Little Falls, New York and Blue Ridge Insurance in Ellensburg, Washington, US.
Day & Read Inc. is the premier personal and commercial lines property and casualty insurance agency in Central New York, with five locations throughout the Mohawk Valley region.
Blue Ridge Insurance has served its community for over 50 years and is a preferred personal lines focused insurance agency. Confie will retain the employees of both companies.
Confie CEO Cesar Soriano said: "Day & Read and Blue Ridge are outstanding independent agencies and both are a strong fit as we continue to broaden our family of companies and continue our goal of becoming the nation's leading personal lines insurance broker.
"As we build our strong presence in New York, Day & Read will serve as a hub for the central region of New York. Blue Ridge expands our existing presence in Washington state and we look forward to adding Confie's scale and expertise. We continue to evaluate a strong and robust pipeline of pending acquisitions and look forward to completing those transaction in the year to come."
In less than 10 years since its founding in 2008, Confie has grown organically and through acquisitions to become the nation's largest privately-held personal lines insurance brokerage.
Source: Company Press Release