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Inszone Insurance Strengthens Local Ties in Downey, CA with The Point Insurance Services Acquisition

Jan 18, 2024almost 2 years ago

Acquiring Company

Inszone Insurance Services

Acquired Company

The Point Insurance Services

Rancho CordovaDowneyInsurance

Description

Inszone Insurance Services has announced its strategic acquisition of The Point Insurance Services, an independent insurance agency deeply rooted in the Downey, California community. The acquisition is in line with Inszone's mission to expand its presence and enhance its offerings to the Spanish-speaking community in California and beyond. Following the merger, The Point Insurance Services will continue to operate from its current location in Downey, California, providing clients with the same unwavering commitment to exceptional service.

Company Information

Company

Inszone Insurance Services

Location

Rancho Cordova, California, United States

About

Inszone Insurance Services was founded in 2002 in Rancho Cordova, CA and has rapidly grown and expanded in the insurance space. Inszone Insurance has offices in California, Arizona, Colorado, Utah, Nevada, Missouri, Texas and Illinois, but serves all 50 states. Inszone has grown with a customer focused mentality, focusing on the relationship between agents and customers, and ensuring customer satisfaction above all else. Inszone Insurance Services is a full-service insurance agency, able to handle customers personal and business insurance needs. Our commitment is to provide superior service to each and every customer. From initial contact, through the quoting process and all the way to the signing and delivery of a policy through us. Our commitment is to ensure every customer has a clear understanding of their insurance needs, the coverage they need, and the policy they are purchasing. We are focused on the long-term customer, who sees us not only as an insurance agency, but as a partner in both their business and personal affairs.

M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed