Confie Holding II Co. Market Research Report
Company Overview
Name: Confie Holding II Co.
Mission: To be the most trusted source of insurance solutions in the United States, providing peace of mind through superior coverage and customer service.
Founded: 2008
Founders: No information is available.
Key People:
- Cesar Soriano - Chief Executive Officer
- Darrin Silveria - Chief Sales Officer
- Michael Kaplan - Chief Financial Officer
- Tim Clark - Chief Human Resources Officer
- Joshua Marder - Chief Marketing Officer
- Chris Alfaras - Chief Information Officer
- Tom Hammond - Chief Strategy Officer
- Carol Newman - General Counsel and Corporate Secretary
- Chad Maxwell - Senior Vice President, Mergers & Acquisitions
Headquarters: 7711 Center Avenue, Suite 200, Huntington Beach, CA 92647
Number of Employees: No information is available.
Revenue: No information is available.
Known For: Largest personal lines insurance distributor in the United States, serving both standard and non-standard markets.
Products
Non-Standard Insurance
- Description: Insurance for high-risk drivers denied by other insurers.
- Key Features:
- Over 1250 locations in 27 states.
- National telesales call center supporting all 50 states.
- Partnerships with 150+ national and regional carriers.
- Specialty in cost, choice, and convenience for non-standard drivers.
Standard Insurance
- Description: Comprehensive liability protection for retail businesses.
- Key Features:
- Personalized and customized insurance packages.
- Comprehensive coverage for threats including theft, customer injuries, and property damage.
- Diverse product offering for auto, home, commercial, and life insurance.
- Competitive pricing and best-in-class service.
General Agency
- Description: Low-cost insurance products for non-perfect drivers.
- Key Features:
- Services in 9 states through independent agency partners.
- Customizable coverage packages.
- Superior customer service and claims handling.
- Wide range of options from basic to premium coverage.
Client Services
- Products Include:
- BPO: Outsourcing business processes for improved operations.
- TPA: Insurance claims administrative solutions.
- DataRadar: Intelligent cloud monitoring for data reliability.
- Digital Services: Comprehensive digital marketing solutions.
Recent Developments
New Partnerships and Acquisitions:
- July 29, 2024: Acquired three insurance agencies in Florida, North Carolina, and Texas (Affordable Insurance, US1 Insurance, and Bridgepoint).
New Products:
- December 4, 2023: Acquisition of Acceptance Insurance.
Corporate Social Responsibility:
- November 8, 2023: Celebrated seven years of partnership with Toys for Tots.
- July 15, 2024: Awarded more than $100k in scholarships through Confie Scholarship Fund.
Other Developments:
- October 20, 2023: Expanded Freeway Brand sponsorship with Trackhouse for 2024.
Conclusion
Confie remains at the forefront of the personal lines insurance market by leveraging strategic acquisitions, a diverse range of products, and robust partnerships. Their commitment to customer satisfaction, innovative services, and strong corporate social responsibility initiatives ensures their continued leadership in the industry.
