Patriot Growth Insurance Services Acquires Cashion Company to Expand Construction Insurance Capabilities

Patriot Growth Insurance Services, based in Pennsylvania, has expanded its footprint in the insurance market by acquiring Cashion Company, a Arkansas-based agency specializing in construction risk management, surety bonding, and captive insurance solutions. The acquisition highlights Patriot Growth's strategic focus on niche insurance sectors and regional market expansion. Key leaders of Cashion will continue in their roles to maintain operational continuity and client service excellence.

The deal signifies Patriot Growth’s commitment to broadening its portfolio in construction insurance, aligning with its growth strategy seen in recent partnerships such as with Ladd Gardner Aviation Insurance in Texas. This move enhances Patriot Growth's presence in specialized insurance markets, reflecting ongoing consolidation trends within the U.S. insurance industry.