Trucordia Acquires Huffman Insurance to Strengthen East Coast Operations

Trucordia Expands its Reach: The Acquisition of Huffman Insurance



In a strategic move to enhance its footprint on the East Coast, Trucordia has announced the acquisition of Huffman Insurance. With a rich heritage spanning over 50 years, Huffman Insurance is well-respected in providing both personal and commercial insurance solutions. The firm operates multiple locations across Virginia, including prominent cities like Lexington, Staunton, and Covington.

Felix Morgan, CEO of Trucordia, expressed enthusiasm about this acquisition, stating, "We are excited to integrate Huffman Insurance's long-standing tradition of client service and community commitment into Trucordia. Their strong reputation and deep roots in Virginia align perfectly with our growth strategy and vision for the future."

Huffman Insurance started as a family-owned agency in historic Lexington, Virginia, and has since grown into a significant player in the insurance market. The company's expertise encompasses a comprehensive suite of insurance services, including auto, home, business, and life insurance. Their commitment extends beyond business transactions; Huffman Insurance has a strong dedication to supporting the communities in which it operates. This dedication is illustrated through various initiatives aimed at enriching local neighborhoods and fostering strong community ties.

Acquisition remains a central pillar of Trucordia's transformational growth strategy. The company is focused on collaborating with successful businesses that are seeking to expand their operations while enhancing client services. By merging more than 5,000 insurance industry professionals nationwide, Trucordia is building a powerful insurance brokerage poised to offer extraordinary opportunities and superior experiences for its clients, team members, and partners.

Trucordia, formerly known as PCF Insurance Services, ranks among the top 20 U.S. insurance brokerages and is headquartered in Lindon, Utah. The group provides a wide array of insurance solutions, covering commercial and personal lines, life and health, as well as employee benefits. With a commitment to excellence, Trucordia aims to deliver extraordinary opportunities to its clients and partners. In the recent rankings released by Business Insurance and Insurance Journal, Trucordia has been recognized as the 19th largest insurance brokerage and the 13th top property/casualty agency in 2024, respectively.

Through the merger of Trucordia and Huffman Insurance, a new chapter begins as both organizations work together to serve their clients better. The integration of these companies symbolizes a commitment to excellence in service and a determination to lead within the insurance market.

As the insurance landscape continues to evolve, the joining of these two successful entities signifies a proactive approach to addressing client needs amid changing market dynamics. Under the combined leadership and shared vision, Trucordia and Huffman Insurance are set to redefine the standards of insurance brokerage across the East Coast and beyond.

For more information about Trucordia and its services, interested parties are encouraged to visit trucordia.com.

Topics Financial Services & Investing)

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