Continuing its growth trajectory, California, US-based insurance brokerage Inszone Insurance Services has purchased Capizzi Insurance.

Financial terms of the transaction were not divulged.

Inszone offers a range of property and casualty insurance, as well as employee benefits solutions.

It has operations across 32 locations across California, Arizona, Nevada, Utah, Colorado, Missouri, Texas and Illinois, and is considering further expansion across the US.

Established in 2002, the company looks to grows both through acquisition and organic means.

It has made several purchases this year, the most recent being that of Young Insurance Group and GM Lawrence Insurance Brokerage.

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

Young Insurance focuses on providing protection for houses and businesses in Colorado, while GM Lawrence serves the trucking insurance sector.

Earlier  this year, Inszone bought Mirae Insurance Services and Pacific Redwood Insurance.

Mirae focuses on benefits, personal, and commercial lines insurance, similar to Pacific Redwood that too serves personal and commercial insurance customers.

Inszone CEO Chris Walters said: “We continue to grow within specific areas in California, we are happy to be able to add additional avenues of support and additional service offerings as we expand in the state.”

As part of the deal, Capizzi employees will join Inszone and operate out of the latter’s Lakewood location.

They will continue to serve clients, who are expected to see a ‘seamless’ transition, under the Inszone brand.