PointeNorth Insurance Group Acquires Iron Mountain Insurance of Alabama

PointeNorth Insurance Group, LLC (PNIG), an independent insurance agency in the Southeast with local ownership, has expanded its reach in the region with the acquisition of Iron Mountain Insurance, located in Birmingham, Ala.

Iron Mountain Insurance, which specializes in property and casualty insurance, was acquired by PointeNorth Insurance and has joined the PointeNorth Alliance, which provides additional markets, services, and tools to help agencies develop new talent, grow organically and increase profitability.

As a PointeNorth Alliance member, Iron Mountain Insurance can provide customers additional services and specialty programs in the areas of transportation, franchise, non-emergency and emergency ambulance and construction.

Matt Kilgore, president of Iron Mountain Insurance, will also serve as senior vice president of PointeNorth Insurance Group. Jonathan Scarborough, senior vice president of Iron Mountain Insurance, will also serve as senior vice president of PointeNorth Insurance Group.

With the acquisition of Iron Mountain Insurance, PointeNorth Insurance Group expands to more than 200 employees. Strategic organic growth and acquisitions have resulted in the company more than doubling revenue in the past three years, the company said. PointeNorth Insurance Group has Georgia offices located in Alpharetta, Atlanta, Cumming, Gainesville, Warner Robins, and Byron, as well as offices in other states including Greenville, S.C., and Birmingham, Ala.

PointeNorth offers insurance and financial products to more than 50,000 households and businesses nationwide and was formed with the partnering of agencies throughout the Southeast.

Topics Mergers & Acquisitions Alabama