US-based Inszone Insurance Services has expanded its presence in Oklahoma with the acquisition of Stephenson, Baggs & Guthrie.  

The terms of the transaction have not been disclosed to the public.  

Set up in 2003, the acquired company is active in the Oklahoma insurance market and has established a second office in Kingfisher, Oklahoma. 

It specialises in commercial insurance, with a focus on the oil and gas industry, in addition to its auto, home and benefits portfolio. 

Stephenson Insurance Center owner Justin Stephenson said: “We weren’t initially planning to sell.  

“However, after engaging with Inszone, I recognised the value they offered was too significant to pass up. Their commitment to supporting our growth and the resources they bring to our agency made this partnership the ideal choice for our continued success.” 

Inszone Insurance CEO Chris Walters stated: “This partnership strengthens our presence in the region and underscores our commitment to growing with quality agencies that prioritise client relationships and industry expertise.” 

This month, Inszone acquired Chacon Insurance Service in Colorado, which served the Trinidad area for more than 60 years, offering personal and commercial insurance solutions. 

Established in 1957 by Carlos Chacon, Chacon Insurance Service has been a provider of personal and commercial insurance solutions to the Trinidad community for more than six decades.   

In June 2025, the company acquired Huffmaster Insurance, a Missouri-based company that has been delivering insurance services across personal and commercial lines since its establishment in 1990 by Susan and Kevin Huffmaster.  

Set up in 2002, Inszone is a full-service insurance brokerage providing property and casualty and employee benefits solutions.