Arrowhead has acquired substantially all of the assets of TriCoast Insurance Services, LLC (“TriCoast Insurance”), we announced yesterday. TriCoast provides access to earthquake and hurricane insurance products to agents and insureds. The agency has annual net revenues of approximately $2.4 million.
The TriCoast Insurance assets will become a part of Arrowhead, operating under the direction of Steve Bouker, executive vice president of Arrowhead. Craig Justice, the principal of TriCoast, will continue to partner with Arrowhead to bring specialty catastrophe insurance products and other Arrowhead products to agents and insureds.
“Craig’s extensive experience in the earthquake and hurricane insurance space was invaluable in the development and marketing of new products. We look forward to further expanding our product offerings and Craig’s continued partnership with Arrowhead,” said Steve Bouker.
“Arrowhead’s backing and support allowed me to leverage my contacts and experience to deliver high quality products and services to agents and insureds. I look forward to my continuing relationship with Arrowhead and new opportunities for my valued clients,” added Craig Justice.
To learn more about Arrowhead’s residential earthquake products, click here.