Inszone Insurance Services Expands with Telerate Acquisition
Inszone Insurance Services Welcomes Telerate Insurance
Inszone Insurance Services is excited to announce its recent acquisition of Telerate Insurance Services, a respected agency celebrated for its exceptional insurance solutions. This merger signifies a major step in Inszone's mission to provide unparalleled service and a broad spectrum of insurance options to clients.
A Rich History of Telerate Insurance Services
Telerate Insurance Services began its journey in 1981 when Richard Kelaita stepped into the insurance business. Motivated by a desire for independence, he established Telebind Insurance, which catered to customers in need of insurance solutions while leaving car dealerships. The agency evolved and was rebranded as Telerate Insurance in 1989. Rob Helgesen joined the agency in 1999, allowing for significant expansion through preferred carriers and enhanced service offerings. Patrick Leland became the third partner in 2015, further solidifying the agency's commitment to excellent service.
Transition to Remote Operations
The agency's original base was in San Mateo, CA. However, in 2022, Telerate shifted to a remote work model, enabling them to provide quality service to clients regardless of their geographical location. With the merger, Patrick Leland has retired, while Richard Kelaita and Rob Helgesen look forward to their forthcoming retirements.
Leadership Thoughts on the Merger
Chris Walters, the CEO of Inszone Insurance Services, expressed enthusiasm about the merger, stating, "We are thrilled to welcome Telerate Insurance Services into the Inszone family. Richard, Rob, and Patrick have built strong client relationships, working in tandem with the agency’s rich history. It’s a true testament of their values and commitment to excellence. This merger allows us to provide even more carrier options and specialized services to clients as we continue the exceptional work of the Telerate team."
Enhanced Client Offerings
With the merger, Telerate's clientele will benefit from a wider variety of insurance products and services supported by Inszone's robust back-office capabilities and specialized knowledge. This merger opens doors for enhanced coverage options, ensuring clients have access to comprehensive insurance solutions, especially in today’s complex market.
Looking Towards the Future
As Inszone Insurance Services continues to expand, there are expectations for additional announcements regarding key acquisitions in the upcoming months. This growth strategy reflects Inszone's commitment to enhancing the insurance landscape by providing more options to clients nationwide.
About Inszone Insurance Services
Founded in 2002 with a headquarters in Sacramento, California, Inszone is a full-service insurance brokerage firm dedicated to offering a diverse array of property and casualty insurance along with employee benefits solutions. With a strong management team at its helm, Inszone is on a growth trajectory both organically and through acquisitions, currently operating 67 locations across multiple states including Arizona, Colorado, and Texas. The company is eager to extend its reach further across the United States.
Frequently Asked Questions
What is the significance of the merger between Inszone and Telerate?
The merger enhances Inszone's service offerings and client access to a wider range of insurance products.
How long has Telerate Insurance Services been in operation?
Telerate Insurance Services was founded in 1981, marking over four decades of service in the insurance industry.
What impact will this merger have on current Telerate clients?
Telerate clients will have improved access to diverse insurance products and specialized services through Inszone.
Who are the key figures at Telerate Insurance Services?
Richard Kelaita, Rob Helgesen, and Patrick Leland were the key partners, with Leland recently retiring.
What expansion plans does Inszone have following the merger?
Inszone plans to announce further acquisitions to strengthen its position in the insurance market.
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