Coastal Insurance Services Acquired by Inszone Insurance Services | Financial Services M&A Deal

Inszone Insurance Services has acquired Coastal Insurance Services, a insurance brokerage business in Florida, for $197M. Coastal Insurance Services provides commercial and personal insurance coverage and was founded in 2008, with teams expected to remain under Inszone ownership. Inszone Insurance Services acquisitions expand its Florida footprint as a strategic acquisition and add-on acquisition in financial services M&A. The deal is part of Inszone Insurance Services acquisitions activity valued around $275M and supports FL acquisitions growth in the Florida insurance brokerage market.