Still growing: PCF Insurance buys three firms

Continuing its recent spate of acquiring insurance companies across the nation, Lehi-based PCF Insurance Services has acquired three more companies.

PCF purchased Solon, Ohio-based Lawrence Victoria Inc., a national program administrator that provides loan servicers with lender-placed insurance, insurance tracking and blanket insurance to organizations of all sizes across the United States. {mprestriction ids="1,3"}

Also Acquired by PCF was 1 Source Business Solutions, a professional employer organization (PEO) specializing in employee benefits, payroll administration, HR compliance and consulting and workers’ compensation administration for any sized company. The company is based in Murray.

The third acquisition was Peak Performance Team, a niche finance and insurance broker based in South Carolina offering custom-tailored packages to auto dealerships throughout the US. 

Terms of the acquisitions were not disclosed.

PCF Insurance Services is a full-service consultant and insurance brokerage firm offering an array of commercial, life, and health, employee benefits and workers’ compensation insurance. It is ranked No. 20 on Business Insurance’s 2022 Top 100 Brokers and No. 13 on Insurance Journal’s 2022 Top Property/Casualty Agencies lists.{/mprestriction}