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Confie Seguros acquires auto insurance brokerage firm

US-based Confie Seguros, a provider of auto insurance, has acquired auto insurance brokerage West Coast Auto Insurance Services.

Confie Seguros believes that this acquisition broadens its presence throughout California and places it on track to become the leading national insurance distribution company primarily focused on the needs of Hispanic consumers.

With the acquisition of West Coast, Confie Seguros said that it now has an annual run-rate of $75 million in revenues, well over 300,000 customers, $250 million in annual written premiums, and over 80 retail brokerage stores throughout California.

Mordy Rothberg, president of Confie Seguros, said: We expect to integrate West Coast into our operations quickly so we can leverage our existing infrastructure to introduce complementary insurance products – such as life and homeowner’s insurance – to serve all of our consumers’ needs.