US-based Trucordia has acquired Vegas Valley Benefit Plans, a provider of employee benefits and insurance solutions located in Las Vegas, Nevada.
Financial specifics of the deal remain undisclosed.
The move expands the company into the south-west of the US and is expected to enhance its portfolio of specialised benefits solutions.
Vegas Valley Benefit Plans offers benefits solutions including medical, dental, vision, life and disability insurance, as well as retirement planning services to its client base in southern Nevada.
Trucordia stated that its acquisition strategy centres on partnering with businesses that align with its core values, which include “integrity, innovation and a commitment to community”.
Trucordia CEO Felix Morgan said: “Acquiring the Vegas Valley Benefit Plans business aligns perfectly with our mission to provide exceptional service and innovative insurance solutions to clients nationwide.
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By GlobalData“The team’s deep understanding of the Las Vegas market and dedication to client-centric service makes them an ideal partner as we continue to grow our footprint and capabilities.”
Recently, Trucordia acquired Fuhriman Insurance, a company based in Boise, Idaho.
Fuhriman Insurance offers a variety of insurance solutions including policies for auto, home, commercial, life and workers compensation, among others.
The company also provides services to help clients research and compare quotes from different carriers.
