National insurance distributor acquires personal lines agencyPosted On: Apr. 4, 2016 12:00 AM CST
Confie Seguros Holding II Co. said Monday that it has acquired Axiom Insurance Agency.
The terms of the deal were not disclosed.
Springfield, Massachusetts-based Axiom Insurance Agency specializes in personal lines insurance.
Axiom's 18 employees will become part of Huntington Beach, California-based national insurance distribution company Confie. The agency's headquarters are in Hackensack, New Jersey and will continue under its current name, according to a Confie spokesman.
“We are excited Axiom is a part of the Confie family. We have a strong pipeline of acquisitions within Massachusetts, and Axiom leadership will help to integrate them into Axiom,” Mordy Rothberg, chairman of Confie said in a statement.