Inszone Insurance Acquires Shahinian Insurance to Enhance Specialty Offerings
Inszone Insurance Services has successfully completed the acquisition of Shahinian Insurance Services, Inc., a prominent California insurance agency. This strategic move is designed to enhance Inszone's capabilities in delivering specialty insurance programs, while preserving Shahinian's operational framework and client dedication.
Founded in 1974 by Edward Shahinian, Shahinian Insurance Services has served a diverse clientele with targeted focus on niche markets. The agency gained significant momentum in the early 1990s when Liz Shahinian joined to expand its offerings. After Edward Shahinian's passing in 2005, Liz Shahinian took ownership, further cementing the agency's respected standing in the insurance industry.
Advancements Under Liz Shahinian
Under Liz Shahinian's leadership, the agency developed a comprehensive suite of insurance programs specializing in event liability, vendor insurance, and other niche markets across the United States. The agency supports a variety of clients, including kiosk operators and festival vendors, and offers unique insurance solutions for exotic animal handlers and specialty entertainers.
To streamline service delivery and ensure regulatory compliance, Liz Shahinian established a risk purchasing group over 25 years ago, pivotal in scaling the agency’s specialized programs. This focus on compliance and consistent service has been instrumental in the agency's sustained success.
Strategic Alignment with Inszone Insurance
Addressing the acquisition, Liz Shahinian emphasized finding a partner aligned with the agency's vision and platform service enhancement. "When we began considering a transition, we wanted a partner who understood our programs and could offer an even broader platform for our clients and employees," Shahinian stated. She acknowledged that Inszone’s extensive resources will benefit both the agency's staff and clientele.
Chris Walters, CEO of Inszone Insurance Services, praised the alignment of Shahinian’s offerings with Inszone's operational model. “Liz and her team have created something truly exceptional,” Walters stated, highlighting the synergy between Shahinian’s national reach and Inszone’s comprehensive platform.
After the acquisition, Shahinian Insurance will sustain its operational model while leveraging Inszone’s national infrastructure, enhancing market access and operational resources for its clients and workforce.
Founded in 2002 and headquartered in Sacramento, California, Inszone Insurance Services offers a wide range of solutions, including property and casualty insurance and employee benefits. The firm continues to grow through both organic development and strategic acquisitions, with a presence in multiple states and plans for further expansion nationwide.
For further details, visit Inszone’s website at www.inszoneinsurance.com.
Explore more insights on the insurance market and specialty program opportunities at ProgramBusiness.com.