TWFG is taking advantage of acquisition opportunities to expand its national footprint, following 22 years of year-over-year organic double-digit growth.
THE WOODLANDS, Texas, December 6, 2022 /PRNewswire/ — The Woodlands Financial Group subsidiary TWFG Insurance Services LLC, has completed its acquisition of American Insurance Strategies, located in the Dayton, Ohio and Milwaukee, Wisconsin areas. TWFG Insurance is currently #1 in privately owned agencies for personal lines coverage Texas and Louisiana#8 nationally for personal lines coverage, and #28 nationally for all lines including commercial and small business, as of 2022 Insurance Journal.
TWFG Insurance leverages acquisition opportunities to expand geographic footprint after decades of organic growth.
AIS has $18 million in written premium and was founded in February 2009 by Craig Kuhr, Dan Manleyand Doug Fellows with a combined 75+ years of experience in the insurance industry. “The expertise and leadership they bring to TWFG Insurance will ensure we have a strong foundation in the region as we continue to grow,” TWFG Founder and President Gordy Bunch said in a statement. Katherine NolanChief Operating Officer of TWFG Insurance, added: “We look forward to serving the communities and families of Ohio and Wisconsin, with the same principle of ‘Our policy is caring’ that we have had for two decades now. We treat our customers like family, not policy, and we know this was a deciding factor in AIS choosing to join the TWFG family.”
“We are incredibly proud of what we have achieved at AIS since its inception, and the quality of service we have provided to our clients. Now that we are part of the TWFG Family, it will further enhance our ability to deliver what our clients need did, and we couldn’t be happier with our decision,” AIS President Craig Kuhr said in a statement.
Helfer & Associates advised American Insurance Strategies LLC on the transaction, while Schwell Wimpfheimer & Associates provided legal counsel.
To learn more about TWFG Insurance, visit www.twfg.com.
Contact: Alex Bunch
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SOURCE The Woodlands Financial Group