Fundz

Nsi Insurance Group Acquires Majority Stake In Insurtech Startup Honeyquote

PRIVATEMar 22, 2022

Acquiring Company

NSI Insurance Group

Acquired Company

HoneyQuote

Financial ServicesAdministrative ServicesFinancial ServicesCommerce And Shopping

Description

Florida-based digital insurance agency HoneyQuote.com has been acquired by one of the largest independent insurance agencies, NSI Insurance Group – a move that will enable the startup to expand its operations nationally, launch new product lines, and facilitate larger distribution partnerships.

Quick answer

NSI Insurance Group is acquiring HoneyQuote, announced March 22, 2022.

How much did NSI Insurance Group pay for HoneyQuote?
The deal value was not disclosed.
What does NSI Insurance Group do?
NSI Insurance Group is among the largest privately-owned insurance brokerage firms.

Source: Fundz verified event record.

Other recent acquisitions in Financial Services and Administrative Services

Deals where the buyer or target shares a sector with this one, within 45 days, from Fundz verified event records.

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Company Information

Company

NSI Insurance Group

About

NSI Insurance Group is among the largest privately-owned insurance brokerage firms. Founded in 1958, the firm operates in over 85 countries with five business segments, including personal and commercial insurance, employee benefits, and specialty programs. For more information visit, nsigroup.org.

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Frequently asked

Who acquired HoneyQuote?

HoneyQuote was acquired by NSI Insurance Group. The deal was reported on March 22, 2022. NSI Insurance Group is among the largest privately-owned insurance brokerage firms. NSI Insurance Group is privately held and operates in Financial Services.

When did NSI Insurance Group acquire HoneyQuote?

NSI Insurance Group's acquisition of HoneyQuote was reported on March 22, 2022. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does HoneyQuote do?

HoneyQuote is a digital insurance agency powered by a proprietary search engine allowing clients to compare and purchase insurance coverage in an online marketplace. It is privately held, operating in Financial Services.

This company was part of an acquisition. Fundz tracks who bought whom, and who to call on both sides.

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