US-based insurance brokerage Trucordia has acquired Global Financial & Insurance Services, an insurance and financial services provider based in Texas, US.
Financial specifics of the deal remain undisclosed.
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Global Financial & Insurance has a presence in Dallas, Houston, Fort Worth and Los Angeles, and serves clients across all 50 US states.
It assists individuals, families and businesses with a variety of insurance and financial offerings.
The business was founded by Amin Chagani, and provides coverage including auto, commercial vehicle policies, home, liability, life, property cover, surety bonds, umbrella policies and workers’ compensation.
There are also options crafted for industries such as gas stations, hotels, aviation, education and other sectors.
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By GlobalDataRetirement planning, tax considerations, debt management guidance, asset protection and legacy planning are included among the financial services provided by Global Financial & Insurance Services.
Bilingual support is also offered by the business to address diverse client requirements.
Trucordia CEO Felix Morgan said: “We are proud to welcome the Global Financial & Insurance Services team to Trucordia. Their commitment to client-focused solutions solutions, risk management and access to top carriers strengthens our ability to support clients’ evolving financial security needs from coast to coast.
“This acquisition is part of Trucordia’s strategy of building a platform of insurance businesses and financial service providers that ensures local experience can be backed by national resources.”
In July this year, Trucordia acquired Vegas Valley Benefit Plans, an employee benefits and insurance solutions provider based in Las Vegas, Nevada.
This acquisition extends Trucordia’s operations into the south-west region of the US and is expected to broaden its offering of specialist benefits solutions.
Vegas Valley Benefit Plans serves clients across southern Nevada with a range of employee benefits products.
Its service portfolio includes medical, dental, vision, life and disability insurance, as well as retirement planning services.
