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Home . International Insurance News . Americas | Canada | Mexico . Confie Seguros Ranked in Best's Review's Top 20 Global Insurance Brokers

Confie Seguros Ranked in Best's Review's Top 20 Global Insurance Brokers

Tuesday, July 10, 2012

NEW YORK, July 9, 2012 /PRNewswire/ -- Confie Seguros, a rapidly growing national provider of personal lines insurance focused on the needs of Hispanic consumers, announced today that it was ranked in Best's Review's annual Top 20 Global Insurance Brokers. Confie Seguros has grown rapidly since it was formed in 2008 in partnership with Genstar Capital.
 
Joe Waked, CEO of Confie Seguros, said, "To be recognized in this ranking is a reflection of the efforts over the past four years of our excellent management team and employees who have built this company. This ranking demonstrates the large role we are playing in the insurance industry and the rapid progress we have made in building a profitable company both organically and through targeted acquisitions."
 
In a relatively short time Confie Seguros has grown to achieve annual revenues approaching $200 million. Confie acquired 13 companies this year and has acquired 20 agencies over the past 12 months. It continues to evaluate a robust pipeline of high quality companies to further growth.
 
 
About Confie Seguros
Established in 2008, Confie Seguros is a leading, New York-based national insurance distribution company primarily focused on the insurance needs of Hispanic consumers. The company was founded in partnership by Genstar Capital, a leading private equity investment firm focused on accelerating growth and profitability of portfolio companies, and insurance industry executives. The experienced Confie Seguros management team continues to build its portfolio of regional auto insurance brokerages, and today has annual revenue approaching $200 million with over 300 retail locations. The company has leading market positions in California, Arizona, Texas, Florida, Washington, Oregon, New York, New Jersey, and Nevada and expects to continue its expansion in those and other states, including Illinois, Georgia, and the Carolinas. For more information about Confie Seguros, please visit www.confieseguros.com or call (310) 595-4149.


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