INSURICA Announces Partnership with Commercialinsurance.NET

PR Newswire

OKLAHOMA CITY, June 22, 2015 /PRNewswire/ -- INSURICA Insurance Management Network, the 24th largest privately-owned insurance agency in the U.S., released details of a recent partnership with Commercial Insurance NET. Known for a methodical and strategic approach to acquisitions, INSURICA invested in Commercialinsurance.NET with the intent of building INSURICA Express, which will be a centralized sales and service platform for small business owners.

INSURICA, who generally targets middle market business, has recognized that small business insurance online is a segment of the industry that is growing at an increased pace. The Companies are working together to build INSURICA Express, which will be a high touch service platform for small business owners.

"We are very impressed with the processes and culture that Commercailinsurance.NET has built in a short amount of time. Profitably servicing small business policies is an industry-wide challenge that our new partner has solved with minimal start up capital. We are excited about working together to grow Commercialinsurance.NET and INSURICA Express on the same platform," said Mike Ross, CEO of INSURICA.

Founded in 2010, Commercailinsurance.NET, focuses solely on helping small business owners with insurance needs. The company has 31 employees and has remained profitable while insuring over 10,000 small business owners.

"By joining with INSURICA, we will gain access to new markets, capital and senior leadership. This partnership adds over 50 new markets and provides the experience that it takes to build out new specialty program verticals," said Mark McClure, CEO of Commercialinsurance.NET.

About INSURICA:
With over $82M in annual revenue, INSURICA is among the largest insurance brokers in the United States and has 26 offices located throughout Oklahoma, Texas, Arkansas, Arizona, Colorado and California.