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Confie Acquires Velox Insurance to Expand in Georgia Market.

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MANews-(C)2009-2021

US-based personal lines distributor Confie will acquire Velox Insurance as an affiliate to its nonstandard national brand Freeway Insurance, the firm said.

The acquisition includes all 40 locations in Georgia, tripling Confie's presence in the state, as well as two Florida franchise locations.

Freeway Insurance will retain all current Velox Insurance employees and franchise holders including founder Jose L. Robayo-Ramirezas well as aggressively hire additional staff as it continues to expand its footprint and offerings in Georgia, the fifth largest non-standard auto insurance state in the country.

Velox Insurance has been one of the preeminent providers of affordable insurance in Georgia since 2003, providing competitive rates and superior service for its customers' business, property and vehicle insurance needs.

Velox has corporate owned locations and offers franchising opportunities in the states of Georgia and Florida.

In June 2021, Freeway Insurance announced it would begin offering franchising opportunities for the first time in the company's history.

This acquisition is the 8th of the year for Confie, making a total of 149 since the company was founded in 2008.

Confie is gaining...

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