PCF Insurance Services has acquired the insurance business of 360 Insurance, based in Las Vegas, Nevada.
With roots in the Las Vegas Valley, the acquired organisation is licensed to operate across the US.
For over 75 years, 360 Insurance, a provider of auto, home, commercial, and life insurance solutions, has been catering to both personal and business clients.
Joining PCF Insurance will allow both 360 Insurance and its clients to benefit from expanded coverage solutions.
As well as this, 360 Insurance and its clients will also benefit from more competitive pricing, and value-add services such as in-house risk management and claims advocacy.
Brooke K. DeWyze, PCF Insurance’s Chief Development Officer, commented: “360 Insurance was founded on the principles of superior service, trust and experience, which have served as the foundation for their continued success.
“We’ve identified Las Vegas as a priority market within our M&A strategy, and it became clear through our conversations with 360 Insurance that the team shares PCF Insurance’s commitment to extraordinary service and growth. Between their service-oriented culture and the markets they serve, 360 Insurance really is the perfect fit.”
Earlier this year, PCF Insurance closed $400 million in incremental debt financing led by Blue Owl, an alternative asset manager who acted as lead arranger and administrative agent.
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