Reinsurance News

PCF Insurance acquires P&C MGA United Underwriters

12th July 2022 - Author: Matt Sheehan

US insurance brokerage firm PCF Insurance Services (PCF), has announced the acquisition of Utah-based property and casualty managing general agent (MGA) United Underwriters.

handshake-bwFounded in 1998, United Underwriters offers 150-plus agencies across the Western United States property and casualty MGA services and programs

These include homeowners, renters, dwelling, commercial, personal umbrella, earthquake, and auto insurance.

“We are proud to welcome United Underwriters to the PCF family,” says Peter C. Foy, Chairman, Founder, and CEO of PCF Insurance.

“United Underwriters is one of Utah’s fastest growing MGAs and possesses a proven track record of success,” Foy added. “PCF’s growth strategy centers around leveraging the deep bench strength and collective experience of our partner network for the good of our clients. The United Underwriters team is an outstanding addition to PCF because of their unique product and service offering.”

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PCF explained that the services, experience and market of United Underwriters will support its growth trajectory by help to diversify its product and solution offerings.

Sherman & Company advised United Underwriters on the transaction.

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