Trucordia acquires insurance business of Boater's Insurance Agency to enhance marine insurance solutions
Acquiring Company
Trucordia
Acquired Company
Boater's Insurance Agency, Inc.
Description
Trucordia has acquired the insurance business of Boater's Insurance Agency, which specializes in providing insurance solutions and services within the marine industry. This acquisition aims to deepen Trucordia's bench strength in the marine insurance vertical, leveraging Boater's Insurance's unique offerings, robust experience, and impressive growth in forging strong relationships. With this acquisition, Trucordia continues its transformational growth strategy of building the next great insurance brokerage by enhancing client offerings.
Quick answer
Trucordia is acquiring Boater's Insurance Agency, Inc., announced February 18, 2025. Trucordia is based in Lindon, Utah, United States.
- Who acquired Boater's Insurance Agency, Inc?
- Trucordia agreed to acquire Boater's Insurance Agency, Inc. on February 18, 2025.
- How much did Trucordia pay for Boater's Insurance Agency, Inc?
- The deal value was not disclosed.
- What does Trucordia do?
- Trucordia, formerly PCF Insurance Services, is the group name for a top 20 U.S. insurance brokerage headquartered in Lindon, Utah.
- Where are Trucordia and Boater's Insurance Agency, Inc. based?
- Trucordia is based in Lindon, Utah, United States. Boater's Insurance Agency, Inc. is based in San Francisco, California, United States.
- Who are the decision-makers at Trucordia?
- Fundz holds 3 contacts at Trucordia. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Other recent acquisitions in Employee Benefits and Insurance
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- HUB INTERNATIONAL completes acquisition of Mayfield Insurance, Inc. in Indiana to strengthen insurance capabilities (February 7, 2025)
- Arthur J. Gallagher & Co. completes acquisition of Dominick Falcone Agency, Inc., and Falcone Associates, Inc. (February 3, 2025)
- JN Financial Group agrees to transfer JNGI shares to BCIC (January 22, 2025)
- Warner Pacific acquires Black, Gould & Associates (April 4, 2025)
- Hub International acquires Dansig Insurance Advisors (April 3, 2025)
- The Standard acquires Allstate's Benefits Business (April 1, 2025)
Who to call at Trucordia, and when
When Trucordia changes hands, the new owners review vendors, systems and leadership. That is when the door opens.
- An alert the day Trucordia raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Trucordia, from your own LinkedIn network
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Frequently asked
Who acquired Boater's Insurance Agency, Inc.?
Boater's Insurance Agency, Inc. was acquired by Trucordia, based in Lindon. The deal was reported on February 18, 2025. Trucordia, formerly PCF Insurance Services, is the group name for a top 20 U.S. insurance brokerage headquartered in Lindon, Utah. Trucordia is privately held and operates in Employee Benefits.
When did Trucordia acquire Boater's Insurance Agency, Inc.?
Trucordia's acquisition of Boater's Insurance Agency, Inc. was reported on February 18, 2025. Trucordia has acquired the insurance business of Boater's Insurance Agency, which specializes in providing insurance solutions and services within the marine industry. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Boater's Insurance Agency, Inc. do?
Boater’s Insurance Agency, Inc. (BIA) is a family owned and operated agency that specializes in providing insurance products and services within the marine industry. We are located in the San Francisco Bay Area, and are licensed in 48 states. It is privately held, operating in Insurance, and is based in San Francisco.
This company was part of an acquisition. Fundz tracks who bought whom, and who to call on both sides.
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