Bailey

5
Apr

Pioneering Core Values with Our Risk Management Team

PCF’s Risk Management Team is responsible for leading the strategic initiatives of PCF while instilling the agency’s core values. They enjoy contributing and witnessing the positive outcomes PCF makes each day by helping clients and their team achieve their goals.   The PCF Risk Management team is primarily based in the PCF Shared Services Office in Salt Lake City, UT, and is led

Read more

11
Mar

PCF Insurance Services and Dixon Insurance Complete Strategic Partnership

PCF Insurance Services (PCF) is proud to announce the completion of an exciting new partnership with Dixon Insurance located in Fargo, North Dakota. PCF’s investment in the partnership will enable Dixon Insurance to provide continued quality customer service and comprehensive trucking coverage for families, businesses, and employees in over 25 states.  Jed and Melissa Dixon will continue to lead all

Read more

10
Mar

PCF Insurance Services Completes Strategic Partnership with Landmark Utah Agency

PCF Insurance Services (PCF) is proud to announce the completion of a landmark partnership with a Utah-based agency. PCF’s investment will enable this agency to provide continued outstanding insurance options and comprehensive coverage in the areas of construction, bonding, hospitality, manufacturing, healthcare, and behavioral health and human services.  As with all PCF partnerships, the founders will continue to lead all

Read more

10
Mar

“We want to give entrepreneurial agency owners our rocket fuel”

PCF Insurance Services (PCF), a full-service insurance brokerage based in Woodland Hills, California, formed 36 new partnerships with insurance agencies in 2020, taking its national network to over 50 agencies with 70 offices, providing a diverse offering of commercial lines, personal lines, and employee benefits products.  Having successfully completed so many deals in the middle of a global pandemic, and

Read more

9
Feb

Brokerage PCF plans surge in acquisitions in 2021

Private equity-backed brokerage PCF Insurance Services LLC expects to nearly double its rate of acquisitions in 2021, potentially making it one of the top acquirers of insurance agents and brokerages for the year, its senior executives say.  “We’ve bought $1 million (revenue) agencies to $15 million agencies and everything in between,” Peter Foy, chairman and CEO of PCF, who formed

Read more

4
Feb

PCF Insurance Services Transforms National Brokerage Network with 36 New Partnerships in 2020

PCF Insurance Services (“PCF”), a leading national full-service insurance brokerage, today announced that it successfully partnered with 36 agencies in 2020, including 19 in Q4. PCF has achieved 103% growth since HGGC’s strategic investment in April 2020 by building a national network of entrepreneurial agency partners. Significantly, PCF also launched a world-class Shared Services Center in Salt Lake City to

Read more

20
Jan

Insurance Agency M&A Deals Surged 20% in Year of Pandemic: OPTIS

Acrisure continued to lead all buyers with 108 transactions in 2020, which is consistent with their four-year average of about 100 deals per year.  Other top buyers were Hub International with 64 acquisitions (up from 52 in 2019) and Broadstreet Partners with 58 deals (up from 34 in 2019), and newcomer to the top of the list, World Insurance Associates with

Read more

14
Jan

BHMS Invests in Staff Boom

The investment in Staff Boom furthers BHMS’ track record within the insurance industry, having served as the first institutional investor in three retail brokers: The Hilb Group (2011 – 2015), PCF Insurance Services (2017 – 2020) and currently with Inszone Insurance Services. In addition, BHMS is also an active investor in Diversified Risk Holdings, a leading managing general agency. 

5
Jan

PCF Insurance Services Names Felix Morgan Chief Financial Officer

PCF Insurance Services (“PCF”), a leading national full-service insurance brokerage, today announced the strategic new hire of Felix Morgan as Chief Financial Officer. Morgan is an experienced financial executive with extensive background driving profitable growth within multibillion-dollar Fortune 500 and Fortune 50 companies.  “Felix Morgan has a valuable professional background that aligns precisely with the needs and growth trajectory of

Read more

21
Dec

UK Broker, Specialist Risk Group, to Be Acquired by Private Equity Firm HGGC

In the U.S., HGGC’s current insurance holdings include Pearl Holding, a non-standard auto managing general agent; Integrity Marketing Group, a leading life and health insurance distributor focused on the senior market; and PCF Insurance, a full-service insurance brokerage firm that provides complete risk management and employee benefits solutions.