Trucordia, a U.S. insurance brokerage, today announced its acquisition of Global Financial & Insurance Services, an insurance and financial services business based in Irving, Texas.
The business has a presence in Dallas, Fort Worth, Houston and Los Angeles and serves clients in all 50 states. Founded by Amin Chagani, Global Financial offers personal and commercial coverage solutions, including auto, home, liability, life, umbrella, workers’ compensation, surety bonds, property and commercial vehicles, along with specific solutions for gas stations, hotels, aviation, education and other industries.
Global Financial also provides retirement planning, asset protection, tax strategies, debt management and legacy planning. The business’ experienced team has historically provided responsive service, competitive rates and bilingual support as they help clients achieve financial peace of mind and their long-term goals.
Related: Trucordia Expands in New England With Acquisition of Charles River Insurance
Headquartered in Lindon, Utah, the Trucordia group of companies offers a broad array of commercial and personal lines, life and health and employee benefits insurance solutions. Visit trucordia.com for more information.
Following the merger, all combined colleagues will be shareholders, and they will hold a majority of the company’s equity ownership.
Baldwin Group CEO Trevor Baldwin called the acquisition a “transformational moment.”
“This combination brings together two highly complementary firms, aligned in culture and values, yet distinct in expertise, business mix, and geographic footprint,” he said in a statement. Baldwin’s Insurance Advisory Services will be expended by CAC’s experience in the product lines of financial lines, transactional liability, cyber and surety in industries like natural resources, private equity, real estate, senior living, education, and construction.