Confie Seguros Acquires NII
Confie Seguros has acquired NII Brokerage, an agency with 26 offices concentrated in Upstate New York.
Confie Seguros is a private equity-backed firm that is building a nationwide brokerage business focusing on Hispanic insurance buyers.
The firm said NII’s significant presence in New York serves as a platform for Confie Seguros to expand throughout the Empire State, as well as into Connecticut and Pennsylvania.
With the addition of NII, the company said it will generate about $150 million in annual revenues.
Popular Today
- Viewpoint: The ‘Unbundled’ Insurer Emerges in Age of AI as Value Chain Fragments
- India Insurance Regulator Eyes 2027 Start for Commission Caps
- Insurance Executive Killed His Wife, Daughter, Then Himself, NJ Township Police Say
- Hurricane Isaias Reaches Cat 3 Status as Insurers, Adjusters, Property Owners Prepare