Announced
Completed
Financials
Sources
Tags
United States
insurance solutions
Single Bidder
Insurance Brokers
Friendly
Completed
Majority
Private
Acquisition
Domestic
Synopsis
Paragon Insurance Holdings, a national managing general agency, completed the acquisition of Reel Media, a insurance solutions provider. Financial terms were not disclosed. “This is a great moment for Reel Media, our staff and our partners. Paragon’s business strategy and commitments to attracting and partnering with great talent, distribution, and carrier and reinsurance partners resonated with us. Their operational and analytic capabilities will also drive business efficiencies and improvements for Reel Media and deliver value to our clients and partners,” Marc Idelson, Reel Media CEO, and Founder.
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