TWFG leverages acquisition opportunities to expand its national footprint after 22 years of organic double-digit year-over-year growth.
THE WOODS, TEXAS, December 6, 2022 /PRNewswire/ — Woodlands Financial Group subsidiary, TWFG Insurance Services LLC, announced the acquisition of US-based American Insurance Strategies Dayton, Ohio and Milwaukee, Wisconsin areas. TWFG Insurance is currently the #1 private agency for personal customer coverage Texas and Louisiana#8 nationally for residential line coverage and #28 nationally for all lines, including commercial and small businesses, as of 2022 Insurance Magazine.
TWFG Insurance leverages acquisition opportunities to expand geographic footprint after decades of organic growth.
AIS has 18 million dollars in written bonus and was founded in February 2009 through Craig Kuhr, Dan Manleyand Doug Fellows with a combined experience of more than 75 years in the insurance industry. “The expertise and leadership they bring to TWFG Insurance will ensure we have a strong base in the region as we continue to grow,” TWFG Founder and President Gordy Bunch said in a statement. Catherine NolanChief Operating Officer of TWFG Insurance, added: “We look forward to serving the communities and families of Ohio and Wisconsin, with the same principle “Our Policy is Caring” that we have followed for two decades. We treat our customers like family, not policies, and we know this was a key factor in AIS’ decision to join the TWFG family.”
“We are incredibly proud of what we have achieved at AIS since its inception and the quality of service we have offered our customers. Now that we are part of the TWFG family, this will further enhance our ability to deliver what our customers require. and we couldn’t be happier with our decision”, AIS President Craig Kuhr said in a statement.
Helpers & Associates advised American Insurance Strategies LLC on the transaction, while Schwell Wimpfheimer & Associates acted as legal advisor.
To learn more about TWFG Insurance, visit www.twfg.com.
TWFG Insurance
Contact: Alex Bundle
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SOURCE The Woodlands Financial Group
