know about this PCF Insurance Services acquires Ohio-based Wilber-Price Insurance Group
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LEHI, Utah, August 31, 2022 /PRNewswire/ — PCF Insurance Services (PCF), a top 20 insurance brokerage firm in the US, has acquired Wilber-Price Insurance Group, a full-service independent insurance agency offering commercial lines and personal, as well as specialty, home, auto, crop, life, business and more products in the south Ohio region.
“Wilber-Price gives PCF Insurance strong leadership in an underrepresented geography,” said Peter C Foy, President, Founder and CEO of PCF Insurance. “They have proven their ability to grow and now have the opportunity to collaborate with our expanding network of partners to further accelerate their success.”
In support of its long-term sustainable growth strategy, PCF Insurance intends to support the growth of agency partners through investments in resources, technology and best-in-class talent seeking to grow beyond their current capacity. . PCF Insurance’s agency-focused operating model and business environment support its tremendous growth profile, offering alignment to agency partners through equity ownership, significant leadership incentives and resources throughout the United States.
“We chose PCF Insurance because they provided the optimal situation for our people, clients and the future of our business,” said John Wilber, director of Wilber-Price Insurance Group. “When a team has a stake in business performance, attitude and overall performance will improve. And the career opportunities for our employees is something I couldn’t have done on my own.”
Terms of the deal were not disclosed.
To date in 2022, PCF Insurance has completed or has under letter of intent 104 acquisitions, continuing its industry leading M&A pace. PCF Insurance’s well-diversified revenue stream continues to allow its strategic investments in technology and infrastructure development to support the significant expansion of its network.
About Wilber-Price Insurance Group
Committed to providing a personalized experience that aligns clients’ needs and goals, Wilber-Price Insurance Group is a full-service independent insurance agency specializing in auto, home, agriculture, life, business and specialty insurance. from their offices in chillicothe, CincinnatiY Loveland, Ohio. Learn more at wilberprice.com.
About PCF Insurance Services
One of the top 20 brokers in the US based in Lehi, Utah, PCF Insurance Services is a leading full-service consulting and insurance brokerage firm offering a wide range of business, life and health, employee benefits and workers’ compensation solutions. Driven by its people, PCF Insurance’s agency-focused operating model and business environment support its tremendous growth profile, offering partners alignment through stock ownership, significant leadership incentives and resources for more than 3,100 employees across the U.S. Recognized as a top earner by The Hales Report, ranked #20 in Business Insurance 2022 Top 100 Brokers and #13 in insurance journal 2022 Leading Property/Casualty Agencies, PCF Insurance is a notable leader in the insurance space. Learn more at pcfins.com.
SOURCE PCF Insurance Services