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Warner Pacific Parent Company Acquires The Insurance Exchange, Deepening Its Texas Presence

Feb 28, 2023•almost 3 years ago

Acquiring Company

Warner Pacific

Acquired Company

The Insurance Exchange

Westlake VillageSoftwareFinancial Services

Description

NR West, the parent company of Warner Pacific, the most trusted General Agency for brokers across California, Colorado, Texas and Oklahoma, announced today its acquisition of The Insurance Exchange.

Company Information

Company

Warner Pacific

Location

Westlake Village, California, United States

About

Warner Pacific is a nationally recognized General (GA) and consulting partner, dedicated to empowering brokers across the United States. With over $10 billion in in-force premiums, servicing more than 80,000 in-force groups, and a team of 560+ professionals, Warner Pacific delivers unparalleled support and expertise. For over 40 years, Warner Pacific has provided comprehensive employee benefits solutions, compliance assistance, HR resources, and cutting-edge technology to insurance brokers and agents in California, Colorado, Illinois, Iowa, New York, Ohio, Oklahoma, Texas, Florida, and Minnesota. As a top-producing GA for many of the nation’s largest insurance carriers, Warner Pacific has forged strategic partnerships with over 180 carriers.

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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