Provo insurance brokerage PCF Insurance Services has acquired Kentucky Health Solutions, a health and life insurance company in Lexington, Kentucky. Because of its geographic proximity, the Kentucky Health Solutions team will join PCF’s Louisville-based Maverick Insurance Group.
“Our acquisition of the Kentucky Health Solutions team speaks to our strategic focus on expanding our footprint in key markets with insurance businesses that deepen our bench strength across our industry verticals,” said PCF Insurance CEO Felix Morgan. “We want to ensure that every business we bring on has a long runway for growth ahead of them. By intentionally focusing on these types of transactions, we’re setting the stage for our long-term profitability.”
Kentucky Health Solutions’ portfolio of health and life insurance coverage solutions include individual and family health, term and permanent life and dental plans. The firm also serves as an advisor to Medicare clients.
The acquisition is PCF’s 14th in 2024.