Inszone Insurance Services Acquires Nugent Insurance Brokers, LLC, Boosting Market Reach and Client Offerings

Business Wire

SACRAMENTO, Calif.--(BUSINESS WIRE)--
Inszone Insurance Services, a rapidly growing national provider of commercial, personal, and benefits insurance, is excited to announce the acquisition of Nugent Insurance Brokers, LLC. With this acquisition, Inszone continues its strategic expansion while welcoming another legacy insurance firm with a proud three-generation history into its growing footprint.

Founded by Valerie and Tom Nugent Jr., Nugent Insurance Brokers has provided clients with top-tier service. The family’s roots in the insurance industry date back to Tom Nugent Sr., who began his career in the 1970s as Newport Pacific Insurance. Following his passing in 1984, Valerie and Tom Jr. continued to build on the family legacy, serving their community with care, dedication, and an emphasis on long-lasting client relationships.

In 2002, the team relocated to Chico, California, and rebranded as Nugent Insurance Brokers, bringing along its strong client base. For decades, the Nugent family has been a part of the insurance industry, offering personalized commercial insurance solutions and becoming a trusted partner for their clients.

“After exploring several options, we knew Inszone was the right fit for our clients and our family,” said Valerie Nugent. “I was drawn to the fact that Inszone is a large company that operates locally like a smaller family-oriented business, and we were impressed by their commitment to customer service and market expansion. We’ve always treated our clients like family, and I’m confident that Inszone shares our values. This partnership will ensure that our clients continue to receive the same excellent service they’ve come to expect, while also offering them expanded insurance options.”

Today, Valerie and Tom Jr.’s daughter, Marissa, proudly continues the family tradition and will remain with Inszone as part of the next chapter in Nugent Insurance’s legacy. With this transition, Nugent Insurance is excited to expand into personal lines by gaining access to Inszone Insurance’s wide range of markets and services.

Valerie noted that her interactions with Inszone CEO, Chris Walters, and Corporate Development Associate, Ryan Bybee, gave her confidence that the transition would be seamless. “Chris and Ryan were both very open and honest throughout the process, and I appreciated their transparency,” said Valerie. “Their experience with transitioning agencies reassured me that we were in good hands.”

Chris Walters, CEO of Inszone Insurance Services, expressed his excitement about the acquisition. “We are thrilled to welcome Nugent Insurance Brokers to Inszone Insurance,” said Walters. “The Nugent family has built a remarkable legacy over the past several decades, and we’re honored to carry that forward. We look forward to expanding the options available to their clients while maintaining the personal touch that has been the hallmark of their business.”

This acquisition strengthens Inszone’s position in the commercial insurance market, while also enabling Nugent Insurance Brokers to expand into personal lines through Inszone Insurance’s broad network of carriers. Clients will benefit from Inszone’s extensive resources and its commitment to delivering exceptional service via a local and experienced presence.

As Inszone continues to grow, the company plans to announce further acquisitions and expansions in the coming months, positioning itself as a leading provider of commercial, personal, and benefits insurance solutions nationwide.

Founded in 2002 and headquartered in Sacramento, California, Inszone is a full-service insurance brokerage firm that provides a broad array of property & casualty insurance and employee benefits solutions. With a strong, experienced management team, Inszone continues to grow organically and through acquisitions. With 72 locations across California, Arizona, Colorado, Idaho, Illinois, Indiana, Kansas, Michigan, Missouri, Nevada, New Mexico, Oklahoma, Oregon, Texas, Utah, and Washington, the company is looking to expand further throughout the United States.