April 4, 2016
California co. enters Mass. insurance market
Courtesy
California-based Confie has entered the Massachusetts personal and commercial insurance market.
By Sam Bonacci
California-based Confie insurance has entered the Massachusetts market with the acquisition of Axiom Insurance Agency based in Springfield.
The company that carries personal and commercial lines insurance will take over Axiom’s five locations in Massachusetts, including the greater Springfield area, New Bedford, and Worcester. According to Confie, these strategic locations provide the opportunity for further expansion throughout the state.
Established in 2008, Confie is a national insurance distribution company primarily focused on personal lines and small commercial insurance. Confie has approximately 700 retail locations and generates annual revenues approaching $500 million.
Axiom’s employees will be absorbed into Confie.
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