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 s
tates. Founded by Amin Chagani, Global Financial offers personal and commercial coverage solutions, including au
to, home, liability, life, umbrella, workers’ compensation, surety bonds, property and commercial vehic
les, along with specific solutions for gas sta
tions, hotels, aviation, education and other industries.
Global Financial also provides retirement planning, asset protection, tax strategies, debt management and legacy planning. The business’ experience
d team has historically provided responsive service, competitive r
ates 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.
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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 distinc
t in expertise, busines
s mix, and geographic footprint,” he said in a statement. Baldwin’s I
nsurance Advisory Services will be expended by CAC’s experience in the product lines of fina
ncial lines, transactional liability, cyber and surety in industries like natural resources, private equity, real estate, senior living, education, and construction.