Trucordia acquires insurance business of Boater's Insurance Agency to enhance marine insurance solutions
Trucordia acquires insurance business of Boater's Insurance Agency to enhance marine insurance solutions
02/18/25, 2:00 PM
Location
Industry
insurance
employee benefits
insurance
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.
Company Info
Location
Lindon, Utah, United States
Company info
Trucordia, formerly PCF Insurance Services, is the group name for a top 20 U.S. insurance brokerage headquartered in Lindon, Utah. The Trucordia group of companies offers a broad array of commercial and personal lines, life and health, and employee benefits insurance solutions. Trucordia is an integrated organization united by a passion to deliver extraordinary opportunities and exceptional experiences for its clients, partners and each other. With more than 5,000 team members across the U.S., Trucordia is a notable leader in the insurance brokerage space, ranking #19 on Business Insurance's 2024 Top 100 Brokers and #13 on Insurance Journal's 2024 Top Property/Casualty Agencies.

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Raised | Growth The data in the raised column shows reported funding for this location/industry over last 90 days. The data in the growth column indicates the % increase or decrease of the last 90 days vs. the previous 90 days. Please note: one or more large fundings, especially for a location/industry that doesn't historically receive much funding, can have a significant impact on the increase or decrease percentage. | |
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employee benefits | $118 M | 416.9% |