Lehi-based PCF Insurance Services, a national insurance brokerage firm, has announced the acquisition of Utah-based property and casualty managing general agent (MGA) United Underwriters of Provo.
Founded in 1998, United Underwriters services more than 150 agencies across the western United States with property and casualty MGA services and programs including homeowners, renters, dwelling, commercial, personal umbrella, earthquake and auto insurance.
“We are proud to welcome United Underwriters to the PCF family,” said 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. 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.”
“As an insurance carrier, United Underwriters becomes the latest addition to an extensive list of successful PCF specialty insurance agencies to benefit from the vast infrastructure of resources and services of the PCF Insurance network,” PFC said in announcing the acquisition. “United Underwriters’ services, experience and market supports PCF’s growth trajectory by diversifying its product and solution offerings.”
PCF is a full-service consultant and insurance brokerage firm offering an array of commercial, life and health, employee benefits and workers’ compensation insurance. The company’s agencies employ over 2,000 nationwide.