M&A Deal Summary

Inszone Insurance Services Acquires Mosaic Insurance Alliance

On June 5, 2019, Inszone Insurance Services acquired insurance company Mosaic Insurance Alliance from MetroMile

Acquisition Highlights
  • This is Inszone Insurance Services’ 4th transaction in the Insurance sector.
  • This is Inszone Insurance Services’ 4th transaction in the United States.
  • This is Inszone Insurance Services’ 1st transaction in Washington.

M&A Deal Summary
Date 2019-06-05
Target Mosaic Insurance Alliance
Sector Insurance
Buyer(s) Inszone Insurance Services
Sellers(s) MetroMile
Deal Type Divestiture

Target

Mosaic Insurance Alliance

Lynnwood, Washington, United States
Mosaic Insurance Alliance LLC is a provider of insurance and risk management solutions. Mosaic Insurance Alliance was established in 2010 and is headquartered in Lynnwood, Washington.

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Buyer(S) 1

Buyer

Inszone Insurance Services

Rancho Cordova, California, United States
Category Company
Founded 2002
Sector Insurance
DESCRIPTION

Inszone Insurance Services is a full-service insurance brokerage firm that provides a broad array of property & casualty and employee benefits solutions. Inszone Insurance Services was founded in 2002 and is based in Rancho Cordova, California.

DEAL STATS #
Overall 4 of 136
Sector (Insurance) 4 of 136
Type (Divestiture) 1 of 1
State (Washington) 1 of 4
Country (United States) 4 of 136
Year (2019) 2 of 6
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-05-29 McGhee & Assoc Insurance Agency

Little Rock, Arizona, United States

McGhee & Assoc Insurance Agency, Inc. is a second-generation agency that has provided insurance services to both businesses and residents. McGhee & Assoc Insurance Agency was founded in 1947 and is based in Little Rock, Arizona.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2019-09-11 Green Arrow Insurance Solutions

Torrance, California, United States

Green Arrow Insurance Solutions is specializing in all major types of business and commercial insurance including general liability, commercial auto, workers compensation, and business owner’s policies.

Buy -

Seller(S) 1

SELLER

MetroMile

San Francisco, California, United States
Category Company
Founded 2011
Sector Insurance
Employees259
DESCRIPTION
Entrance to MetroMile's office in Phoenix, Arizona.
Entrance to MetroMile's office in Phoenix, Arizona.

MetroMile is a provider of per-mile car insurance products and services. MetroMile was established in 2011 and is based in San Francisco, California.

DEAL STATS #
Overall 1 of 2
Sector (Insurance) 1 of 1
Type (Divestiture) 1 of 2
State (Washington) 1 of 1
Country (United States) 1 of 2
Year (2019) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-09-21 Mosaic Insurance Alliance

Lynnwood, Washington, United States

Mosaic Insurance Alliance LLC is a provider of insurance and risk management solutions. Mosaic Insurance Alliance was established in 2010 and is headquartered in Lynnwood, Washington.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-08-04 Metromile - Enterprise Business Solutions

San Francisco, California, United States

Metromile's Enterprise Business Solutions is a SaaS-based claims automation and fraud detection solution in San Francisco, California.

Sell -
Mergr

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