Announced
Financials
Tags
United States
Full Line Insurance
Private
commercial insurance
Acquisition
Friendly
Pending
Single Bidder
Synopsis
CopperPoint Insurance Companies, a western-based regional commercial insurance company, acquired Alaska National Insurance Company, an Alaska domiciled workers’ compensation and commercial insurance carrier. Financial terms were not disclosed. “It’s an exciting time in our nearly 95-year history as we look forward to welcoming Alaska National and their 250 employees into the CopperPoint Family of Insurance Companies. We have been on a journey of transformation as we continue our geographic and product diversification strategy with the vision of becoming the leading regional commercial insurance company for the western United States.” Marc Schmittlein, President and CEO of CopperPoint Insurance Companies.
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