Trucordia acquires Paradiso Financial and Insurance Services

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US security brokerage Trucordia has acquired Paradiso Financial and Insurance Services, a Connecticut-based brokerage that serves clients crossed the New England region.

No fiscal presumption were disclosed.

Paradiso is headquartered successful Stafford Springs, Connecticut, and provides idiosyncratic and commercialized security products including auto, home, life, business, and specialty lines.

According to the announcement, Paradiso volition proceed to run with its existing values and assemblage focus.

The brokerage uses a client-first work exemplary called its "Paradiso Promise", which is intended to simplify security decision-making for families, individuals, and concern owners.

Trucordia Felix Morgan CEO said: “We are thrilled to person Paradiso articulation us. They recognize what matters to clients and backmost it up with coagulated bearer partnerships, a absorption connected technology, and fantabulous lawsuit service. What they are doing locally is precisely however we spot the absorption of the manufacture going forward.”

As a effect of the acquisition, Paradiso’s unit and clients volition person entree to Trucordia’s wider bearer relationships, shared resources, and nationalist operational support.

In caller months, Trucordia has expanded successful respective regions done acquisitions.

Last month, the institution acquired the assets of JJL&W Insurance Consulting, an worker benefits broker successful Baton Rouge, Louisiana, US.

JJL&W was founded successful 2020 by Jeff Joffrion, Troy Jones, Mitch Lansing and Jeff Wampold.

The concern advises employers of assorted sizes and idiosyncratic clients connected worker benefits including dental, disability, life, medical, imaginativeness and voluntary cover.

In December past year, Trucordia besides acquired Global Financial & Insurance Services, an security and fiscal services supplier based successful Texas, US.

Global Financial & Insurance Services has operations successful Dallas, Houston, Fort Worth and Los Angeles, and serves clients crossed each 50 US states.

"Trucordia acquires Paradiso Financial and Insurance Services" was primitively created and published by Life Insurance International, a GlobalData owned brand.


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