Trucordia Expands Insurance Brokerage with Strategic Acquisitions in 2025

Trucordia, a dynamic force in the insurance brokerage industry since 1987, has sustained substantial growth through strategic acquisitions. As part of its ongoing expansion in 2025, the firm—rebranded from PCF in 2024—began the year with the acquisition of Cada Insurance in Kenner, Louisiana.

In February, Trucordia further diversified its risk management portfolio by acquiring Boater's Insurance Agency, thereby enhancing its marine insurance specialization. This acquisition was spotlighted as a pivotal regulatory compliance development on Business Insurance's platform in 2024.

June marked a significant financial milestone for Trucordia. The company secured a $1.3 billion investment from Carlyle, elevating its valuation to $5.7 billion. Additionally, Trucordia raised $2.5 billion in debt to transition its unitranche loan to term loan debt and established a $400 million revolving credit facility to support future investments and underwriting ventures.

Trucordia's expansion continued with the acquisition of four additional brokerages in Massachusetts, Tennessee, New Jersey, and Arkansas in November. The acquisition of Breezy Seguros, a multi-lingual agency based in Framingham, Massachusetts, highlighted Trucordia’s commitment to enhancing its claims and regulatory compliance offerings.

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