Confie News

Confie Secures $220M Credit Facility for Continued Expansion

Personal lines insurance broker Confie said it has closed on a new $220 million credit facility, led by Goldman Sachs and Barclays. In addition to the refinancing, Confie said it has a $90 million revolving credit facility which is undrawn …

Soriano Appointed as New Confie CEO

California-based Confie, a national insurance brokerage network for personal lines and small commercial insurance, has appointed Cesar Soriano as chief executive officer. He has been chief operating officer for Confie since 2016. Mordy Rothberg, the company’s founder and executive chairman, …

Confie Completes Two Acquisitions in New York

Confie, a national provider of personal and commercial lines insurance, has completed two acquisitions in New York. In the Bronx, N.Y., area, Confie acquired Tremont Spirit Insurance Inc. Tremont is a provider of non-standard auto insurance. This acquisition serves to …

Confie Acquires Valetta and EZ in Arizona

Confie has acquired Arizona agencies Valletta Insurance in Phoenix and EZ Insurance in Tucson. Both Valletta and EZ are providers of non-standard auto insurance. Terms of the deal were not disclosed. Huntington Beach, Calif.-based Confie announced the acquisitions as part …

Confie Adds Missouri Retail Insurance Locations

Confie, a California-based national provider of personal and commercial lines insurance, has expanded its insurance agency presence in Missouri. Confie acquired the Rodney D. Young Insurance group’s Missouri retail operations from Loya Insurance Group, which consist of locations in St. …

Confie Acquires Auto Insurance America in Nevada and New Mexico

Confie has acquired Auto Insurance America from Western National Mutual Insurance Co. Auto Insurance America is a provider of non-standard auto insurance serving Nevada and New Mexico. The company has five locations in Las Vegas, one in Reno, and four …

Confie Acquires Oasis Insurance in Arizona

Confie has acquired Mesa, Ariz.-based Oasis Insurance. Terms of the deal weren’t disclosed. Oasis Insurance is a provider of non-standard auto insurance. It operates from 21 offices located in Phoenix, Tucson, Mesa, Gilbert, Chandler, Avondale, Surprise, El Mirage and St. …

Confie Acquires Texas Auto Insurance Agency

Confie, a national provider of personal and commercial lines insurance, has acquired Hulme Corp., dba Alamo Auto Insurance of East Texas. Founded in 2001 and based in Tyler, Texas, Alamo Auto focuses on providing non-standard auto insurance. California-based Confie has …

Confie Acquires Miami-Based Absolute Insurance Agency

Confie, a national provider of personal and commercial lines insurance, has acquired Absolute Insurance Agency, Inc., in Miami. Absolute, established in 1989, focuses on providing non-standard auto insurance. Confie has completed 14 acquisitions thus far in 2016. According to CEO …

California-Based Confie Acquires Illinois Insurance Agency

Confie, a national provider of personal and commercial lines insurance, has acquired the BMR Agency LLC dba First Stop Insurance in Washington Park, Ill. First Stop Insurance specializes in non-standard auto insurance. The acquisition is one of three recently announced …