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National insurance distributor acquires personal lines agency

Posted 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.