PCF Insurance Services acquires Florida-based Apple Insurance and Financial Services

LEHI, Utah, August 24, 2022 /PRNewswire/ — PCF Insurance Services (PCF), one of the top 20 insurance brokerage firms in the United States, today announced the acquisition of Florida-based insurance broker Apple Insurance and Financial Services.

Apple Insurance is a well-known health insurance and individual health insurance agency based in ft. Lauderdale, Floridagiving access to Florida Bluea high lifter in space.

“Apple Insurance is a thriving, high-growth agency,” says Peter C. Foy, President, Founder and CEO of PCF Insurance Services. “With its proven model of continued growth and value creation, Apple Insurance gives PCF a strong position in one of the most competitive individual health markets in the United States”

PCF Insurance selects agency partners who believe in PCF Insurance’s business strategy, have a proven track record in their industry and seek to grow beyond their current capacity. Apple Insurance’s focus on nationwide strategic growth and collaboration aligns with PCF Insurance’s expanding portfolio of agency partners.

“Apple Insurance is a one-stop-shop for insurance in the South Florida market with a diversified portfolio of insurance projects,” said Rick Jultak, Principal at Apple Insurance. “With PCF, we have a clear path to creating valuable strategic partners with other leading insurance agencies across the country.”

Terms of the agreement were not disclosed.

In 2022, PCF Insurance completed or completed under the Letter of Intent 104 acquisitions, continuing its pace of industry-leading mergers and acquisitions. PCF’s well-diversified revenue stream continues to enable its strategic investments in building technology and infrastructure to support its significant network expansion.

About Apple Insurance and Financial Services

The first South Florida agency for Florida BlueApple Insurance and Financial Services is a full-service agency that offers a full range of insurance products, from Medicare primary and supplemental medical insurance to long-term care coverage, dental plans, accident plans, and pet insurance. Learn more at appleinsurance.com.

About PCF Assurance Services

One of the top 20 US brokers headquartered in Lehi, Utah, PCF Insurance Services is a leading full-service insurance brokerage and advisory firm providing a wide range of commercial, life and health, employee benefits and workers’ compensation solutions. Powered by its people, PCF Insurance’s agency-centric operating model and entrepreneurial environment support its extraordinary growth profile, providing partners with alignment through equity ownership, significant leadership incentives and resources to over 3,100 employees across the United States Recognized as a top earner by The Hales Report, ranked 20th on business insurance 2022 Top 100 Brokers and #13 on insurance journal Top 2022 P&C agencies, PCF Insurance is a notable leader in the field of insurance. To learn more, visit pcfins.com.

SOURCE PCF Insurance Services