August 29, 2016 1:52 AM ET

Insurance

Company Overview of Confie Seguros, Inc.

Company Overview

Confie Seguros, Inc. provides personal and commercial insurance brokerage services. It primarily focuses on Hispanic consumers. It serves customers primarily in California, Arizona, Texas, Florida, Washington, Oregon, New York, New Jersey, Nevada, Illinois, Alabama, Kansas, Wisconsin, South Carolina, Missouri, Louisiana, and Indiana. Confie Seguros, Inc. was founded in 2008 and is based in Huntington Beach, California.

7711 Center Avenue

Suite 200

Huntington Beach, CA 92647-9124

United States

Founded in 2008

Phone:

714-252-2500

Fax:

714-252-2541

Key Executives for Confie Seguros, Inc.

Chief Executive Officer
Age: 52
Co-Founder and President
Co-Founder and Chairman of The Board
Chief Financial Officer
Age: 66
Chief Operating Officer
Age: 54
Compensation as of Fiscal Year 2016.

Confie Seguros, Inc. Key Developments

Confie Eyes Acquisitions

Confie Seguros, Inc. is looking for acquisitions. Valeria Rico, Chief Executive Officer of Confie, said, "This purchase advances Confie's plan to expand into the standard and preferred personal and small commercial lines. CIS will serve as a strong platform to strengthen our existing operations in California and Texas. We are very excited about the opportunity to expand CIS through additional acquisitions and organic growth."

ABRY Puts Confie On The Block

ABRY Partners, LLC has reportedly hired Guggenheim Partners LLC to conduct an auction to sell Confie Seguros, Inc. that could fetch up tp $1.6 billion, people familiar with the matter said on September 21, 2015, Reuters reported.

Confie Appoints Robert Bondi as Chief Operating Officer

Confie announced the appointment of Robert A. Bondi as Chief Operating Officer. Bondi previously served as President of Confie Insurance Group Holdings, Inc., a division of Confie. In his new role, Bondi will be responsible for executing and supporting the company's corporate strategy, including centralizing corporate administrative services nationwide. He will lead the company's Information Technology, Human Resources, Payroll, Legal, Business Intelligence & Analytics, and Facilities operations. Bondi will report to the company's CEO, Valeria Rico.

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