Inszone Insurance Expands with Acquisition of Simonds & Co.

Inszone Insurance Services Strengthens Its Portfolio

Inszone Insurance Services, a prominent national provider of insurance solutions, has recently made headlines with its acquisition of Albert C. Simonds & Co. Insurance Services, Inc. This strategic move significantly bolsters Inszone's capabilities in the insurance sector, particularly in healthcare and emerging technologies. Inszone has quickly established itself as a leader in the industry, catering to both commercial and personal insurance needs.

The Legacy of Simonds & Co.

Founded in 1969 by Albert Simonds, Simonds & Co. has a rich history and has been a vital part of the insurance landscape for over five decades. After several years of dedication, Albert's son, Jim Simonds, came on board in 1983. His commitment to the agency helped propel it to new heights. By purchasing the business in 1992, Jim took the reins and drove the agency towards continued success.

Jim Simonds: A Respected Leader

With vast experience across Employee Benefits and Property & Casualty insurance sectors, Jim Simonds has made a name for himself in the insurance industry. He has crafted specialized risk management services that cater to healthcare providers and has collaborated with both emerging healthcare and biotechnology companies. Under his stewardship, Simonds & Co. has become synonymous with quality customer service and extensive industry expertise.

The Perfect Partnership

Throughout their search for a partnership, Jim and his team explored various options, but ultimately found Inszone Insurance Services to be the best match. What appealed to them was the cultural alignment and shared vision between the two entities. Jim commented, "Inszone stands out by far; no one else is doing what they are doing in the same style." His vision for a client-centric approach resonates seamlessly with Inszone's ethos.

Welcoming a New Era

“We are excited to welcome the Simonds & Co. team to Inszone,” remarked Chris Walters, the CEO of Inszone Insurance Services. He acknowledged that Jim Simonds and his agency have built an outstanding reputation, which will enhance Inszone's overall service quality. The union is set to offer a strengthened level of service and specialized solutions, utilizing Inszone's vast resources.

Expanding Insurance Expertise

This acquisition cements Inszone Insurance Services' role as a leading provider of tailored insurance solutions across various industries. Former clients of Simonds & Co. can now take advantage of Inszone's extensive carrier network and superior back-office support, resulting in an exceptional service experience.

About Inszone Insurance Services

Founded in 2002, Inszone is headquartered in Sacramento and provides a diverse array of property, casualty insurance, and employee benefits solutions. The company boasts a robust management team, and it continues to grow its operations both organically and through strategic acquisitions. With 71 locations spanning several states across the U.S., Inszone is looking to further expand its footprint.

Frequently Asked Questions

What is the significance of Inszone's acquisition of Simonds & Co.?

This acquisition enhances Inszone's expertise in healthcare and emerging technologies, allowing them to offer more comprehensive solutions to their clients.

Who was the founder of Simonds & Co.?

Simonds & Co. was founded in 1969 by Albert Simonds, who paved the way for a successful family-run agency.

What areas does Jim Simonds specialize in?

Jim Simonds has extensive expertise in Employee Benefits and Property & Casualty insurance, particularly in serving healthcare clients.

How many locations does Inszone have?

Inszone operates 71 locations across multiple states in the United States, positioning itself for further growth.

What is the vision behind the partnership with Inszone?

Jim Simonds sought a partnership with a company that matched his agency's values and commitment to client service, which he found in Inszone.

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