Lindon-based PCF Insurance Services has acquired the insurance business of DLD Insurance Brokers of Irvine, California, marking PCF’s ninth acquisition in 2024.
“DLD represents the ideal acquisition that aligns with our M&A strategy,” said Felix Morgan, PCF Insurance CEO. “Their team has served as trusted advisors for decades by bringing robust experience and knowledge in helping mitigate increasingly complex risks, specifically for the construction and real estate sectors. Their specialization in these industries adds to our own bench strength and aligns with our core business.”
Founded in 1989, DLD Insurance Brokers specializes in serving companies with multibillion-dollar portfolios in the construction, real estate, manufacturing, medical device and technology sectors as an extension of its risk management departments.
By joining forces with PCF Insurance, the DLD team will now be able to further expand its risk management and insurance solutions offered to clients through increased market access, in-house risk management and claims advocacy and exclusive programs, Morgan said.