PointeNorth Insurance Group Continues Expansion with the Acquisition of Cooper Insurance & Associates

 

PointeNorth Insurance Group grows the PointeNorth Transportation division with the addition of Cooper Insurance & Associates of McDonough, Georgia.

PointeNorth Insurance Group, LLC (PNIG), one of the largest locally owned and operated independent insurance agencies in the Southeast, has acquired Cooper Insurance & Associates, Inc. As part of the acquisition, Cooper Insurance & Associates has joined the PointeNorth Alliance™, which provides member partners with additional carrier markets, services, and tools to develop new talent, grow organically, and increase profitability.

Cooper Insurance & Associates is based in McDonough, Georgia. The company provides liability, physical damage, cargo, workers’ compensation, and general liability coverage for the transportation industry. Cooper Insurance & Associates is led by Charles “Ed” Cooper, President and CEO. Cooper continues to lead the company post-acquisition and the company continues to operate under its original brand “Cooper Insurance & Associates, a member of PointeNorth Insurance Group.” Cooper Insurance & Associates currently serves accounts in Alabama, Georgia, Florida, Tennessee, North Carolina and South Carolina.

“Cooper Insurance is proud to announce joining the PointeNorth Insurance Group to serve the transportation industry. We are excited about the new opportunities that PointeNorth will open up for our employees and our customers,” said Ed Cooper.

The acquisition of Cooper Insurance & Associates is part of PointeNorth’s continued expansion of its transportation insurance operations. As a successful independent insurance agency, PointeNorth provides growth opportunities for agents and agencies looking to partner with an organization that can invest in their future success. Core strategies for 2023 and 2024 include expansion of the company’s transportation program beyond its current footprint and a continued aggressive pace for merger and acquisition opportunities.

“Our partnership with Ed Cooper, his team, and the agency’s presence in transportation insurance is strategic. It aligns with our efforts to expand the growth of our newly consolidated PointeNorth Transportation division, which is a combination of our fleet and non-fleet operations in the Southeast,” comments William “Bill” Skeeles, President and CEO of PointeNorth Insurance Group. “PointeNorth has the capital to invest in the future and create opportunities for business partners through mergers and acquisitions and talent recruitment and development, while expanding its insurance operations and national transportation insurance program.”

PointeNorth entered the transportation insurance industry with the acquisition of Caribou Insurance Agency in 2015. Since that time, PointeNorth’s transportation revenue has grown with four additional acquisitions, including the large fleet operation of Benton & Parker. 

“Our hybrid model of acquisition with the potential for equity is an attractive option for experienced producers who are seeking additional support and experience, while still wanting to maintain their independence,” according to Skeeles. 

About PointeNorth Insurance Group

PointeNorth, one of the top 60 agencies in the United States, offers insurance and financial products to more than 55,000 households and businesses nationwide and was formed through the partnering of outstanding agencies throughout the Southeast. PointeNorth Insurance Group, LLC is headquartered at 1000 Parkwood Circle, Suite 600, Atlanta, Georgia, 30339. For more information, visit www.PointeNorthIns.com.  

Posted in