QEO Group, LLC And Clear Blue Insurance Group Announce Long-Term, Exclusive Relationship - Insurance News | InsuranceNewsNet

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October 20, 2017 Newswires
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QEO Group, LLC And Clear Blue Insurance Group Announce Long-Term, Exclusive Relationship

Insurance Weekly News

By a News Reporter-Staff News Editor at Insurance Weekly News -- QEO Group, LLC ("QEO") and Clear Blue Financial Holdings, LLC ("Clear Blue") announced that the two companies have agreed to a long-term, exclusive relationship for QEO to write its commercial automobile insurance program on Clear Blue's carriers, Clear Blue Insurance Company and Clear Blue Specialty Insurance Company.

"We are very excited to announce this exclusive relationship for QEO to write its commercial auto program with Clear Blue," said Jerome Breslin, Clear Blue's Chief Executive Officer. Clear Blue recently added $42 million of capital from its private equity backer, Pine Brook, to support this new growth.

"QEO is pleased to announce this exclusive, long-term relationship with Clear Blue. This provides QEO the ability to sustain its growth for the coming years, and to do so as the exclusive provider of Commercial Automobile Insurance for Clear Blue. This is a tremendous opportunity for QEO and its appointed agents," said David Disiere, QEO's Chief Executive Officer.

The relationship provides QEO with nationwide exclusivity to write its commercial automobile program for five years. "The agreement with Clear Blue, among other things, allows QEO to avoid any market confusion and channel conflicts for its agents and their customers," said David Disiere. "QEO could not be more excited about this relationship and the opportunities that it provides to fuel QEO's future growth and success."

Keywords for this news article include: Automobiles, QEO Group Llc, Transportation, Insurance Companies.

Our reports deliver fact-based news of research and discoveries from around the world. Copyright 2017, NewsRx LLC

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