trending Market Intelligence /marketintelligence/en/news-insights/trending/NuoFh4nhDRm-G02eGJC9Ow2 content esgSubNav
In This List

INSURICA announces merger with Texas broker

Blog

Insurance Underwriting Transformed How Insurers Can Harness Probability of Default Models for Smarter Credit Decisions

Blog

The Worlds Largest Life Insurers, 2023

Blog

The World's Largest P&C Insurers, 2023

Blog

Essential IR Insights Newsletter Fall - 2023


INSURICA announces merger with Texas broker

INSURICA Insurance Management Network, of Oklahoma City, announced the acquisition of Texas-based DFB Insurance Group LLC.

The deal is effective Jan. 1, 2017, and the combined company will be named INSURICA DFB Insurance Services LLC.

The acquisition will grow INSURICA's revenues to nearly $100 million, and the company expects to place more than $1 billion in annual premiums, INSURICA said in a Dec. 14 release. The company will have more than 500 workers in 31 offices in Oklahoma, Texas, Arkansas, Colorado, Arizona and California.