PCF Insurance Services (PCF), a Lehi-based insurance brokerage firm, has acquired TCU Insurance Agency, an independent insurance agency and a subsidiary of Teachers Credit Union (TCU) of South Bend, Indiana. TCU Insurance offers Michigan and Indiana residents insurance solutions for home, rentals, auto, motorcycle, senior healthcare, business and life.
“TCU Insurance is an important addition to the PCF agency network, expanding our reach and service offerings in the Midwest,” said Peter C. Foy, chairman, CEO and founder of PCF Insurance. “PCF’s model is built around an ability to tap into our network of industry experience in a way that will allow each of our agencies to continue leading and expanding their respective capacities and product lines.”
“TCU Insurance is excited to become a part of PCF,” said Rick Van Es, president of TCU Insurance. “We can now offer our clients enhanced insurance options and risk management solutions, all while staying true to the personal service that has been our hallmark for the past 21 years.”
The terms of the deal were not disclosed.