Trucordia, PCF Insurance coverage Providers, has acquired enterprise of Boater’s Insurance coverage Company, a agency specialising in marine insurance coverage options.
Monetary particulars of the acquisition stay undisclosed.
Established in 1989 and based mostly within the San Francisco Bay Space, Boater’s Insurance coverage Company is thought for growing specialised options for shoppers throughout the marine business.
The corporate’s licencing permits it to function throughout all 50 states.
Trucordia chief growth officer Brooke Ok. DeWyze mentioned: “Boater’s Insurance coverage brings distinctive choices and sturdy expertise in marine insurance coverage options to Trucordia, which can deepen our bench energy on this vertical. The crew’s spectacular progress, which has been rooted in forging robust relationships, makes BIA a great match for our increasing firm.”
The transfer is a part of Trucordia’s “progress technique”, which includes buying companies in potential industries and markets to reinforce consumer companies.
This acquisition follows Trucordia’s buy of CADA Insurance coverage Providers in January 2025.
The corporate supplies insurance coverage options together with auto, dwelling, business, normal legal responsibility, and staff’ compensation.
CADA has presence in Louisiana with places of work in Baton Rouge, Chalmette, Gretna, and Kenner.
In January 2025, Trucordia additionally acquired Rusty Healy Insurance coverage Company, a Mississippi-based supplier providing auto, dwelling, enterprise, and life insurance coverage options.
The corporate rebranded from PCF Insurance coverage Providers to Trucordia, reflecting its committment to belief and collaboration.
Trucordia’s progress plan, revealed in 2024, is constructed on three elementary pillars: optimising operations by a regional administration construction, constructing a unified service basis, and increasing the community by enterprise acquisitions.
