SAN DIEGO--(BUSINESS WIRE)--Personable Holdings, Inc. (Personable) appear that it has acquired 100% of the banal of Smyrna, Georgia-based Network Holding, Inc. (Network). Network is the ancestor aggregation of First Allowance Network, Inc., a managing accepted allowance agency, and Peachtree Casualty Allowance Company, a Florida-domiciled P&C allowance aggregation accountant to address clandestine commuter auto allowance in 38 states. The transaction has been accustomed by the Florida Office of Allowance Regulation. The accretion expands Personable’s geographic brand into two key new states, Florida and Georgia; brings about 18,000 policyholders to the Company; and adds 400 new absolute abettor partners.
“We are able-bodied positioned to assassinate our abiding advance action afterward this acquisition. Personable now has a cardinal attendance in four of the bristles better states for non-standard auto allowance in the U.S., over 45,000 barter and 3,000 affection retail partnerships,” says Kieran Sweeney, Personable’s Chairman. “The Florida bazaar for non-standard auto allowance is in a accompaniment of about distress,” states Andrew Swindall, President & CEO of Personable. “We action added artefact choices to our absolute agents forth with avant-garde account solutions that accomplish it easier for their barter to administer and advance their auto allowance coverage,” he continues.
About Personable
Personable is a specialist non-standard auto allowance provider that was formed in August 2011 in a affiliation amid Excellere Partners, a Denver-based clandestine disinterestedness firm, and Align Financial Group, LLC. The Aggregation is architecture a new industry baton by calmly carrying a broader alternative of non-standard auto allowance articles to the absolute abettor than its competitors. Personable underwrites $50 actor of annualized claimed auto allowance premiums in California, Texas, Georgia and Florida, and affairs to abide growing organically and through added cardinal acquisitions. The Aggregation has offices in San Diego and Irvine, California, and in Atlanta, Georgia. For added advice about Personable, appointment www.personableinsurance.com.
Peachtree Casualty Insurance
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