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Insurance Broker TWFG’s IPO Seeking $187 Million Gets Underway Today

Jul 18 2024 // Shares of Texas-based insurance broker TWFG, Inc. begin trading on the Nasdaq Global Select Market today under the symbol TWFG. TWFG said it expects to realize gross proceeds of $187 million and net proceeds of...

Insurance Broker TWFG Aims to Raise Up to $176M in IPO

Jul 10 2024 // Insurance broker TWFG, backed by reinsurer RenaissanceRe, said on Tuesday it is aiming to raise as much as $176 million in its initial public offering in the United States. TWFG is offering 11 million shares at a price...

TWFG Acquires Jeff Kincaid Agency in North Carolina

Oct 27 2023 // TWFG Insurance, also known as The Woodlands Financial Group, has continued its growth trajectory with the acquisition of Jeff Kincaid Insurance Agency, which has five offices in North Carolina. Kincaid, a former Nationwide...

TWFG Insurance Acquires Ohio’s American Insurance Strategies

Dec 8 2022 // The Woodlands Financial Group subsidiary TWFG Insurance Services LLC, announced its acquisition of American Insurance Strategies, located in the Dayton, Ohio and Milwaukee, Wisconsin areas. AIS has $18 million in written...

TWFG Insurance Acquires Penguin Insurance Services in California

Dec 1 2020 // TWFG Insurance has acquired Penguin Insurance Services in Milpitas, Calif. Terms of the deal were not disclosed. Penguin is a network of independent brokers, which supports brokers throughout California, Colorado, Nevada,...