Liberty Truck Insurance, Inc. has joined PointeNorth Insurance Group, LLC as part of the Caribou Insurance Agency. Both agencies are located in Birmingham, AL, expanding PointeNorth’s presence in Alabama and in the transportation industry. The acquisition is PointeNorth’s second transaction in the state, continuing the insurance agency’s growth strategy within the independent agency distribution system.
Caribou Insurance Agency, Inc. is a highly regarded boutique commercial transportation agency, specializing in independently owned and operated trucking businesses throughout the Southeast.
“Adding Liberty to the Caribou Insurance Agency portfolio allows us to continue to broaden our footprint and leverage the expertise and solutions offered to our clients,” said PointeNorth CEO Bill Skeeles.
The Liberty Leadership Team, Michael C. Davis, Vice President of Operations, and Dean K. Davis, President, and the staff will remain with the combined organization. All are excited about the opportunity for both the organization and its customers.
“Partnering with PointeNorth and its Caribou franchise expands our offering of products and services and positions us to consistently deliver the ’best in class’ service our customers have come to expect and deserve,” said Dean Davis.
PointeNorth is actively investing in both organic growth and growth by acquisition.
“Our transactions in the past 24 months have focused on Middle Market Commercial and Surety competencies, as well as community-based enterprises. Together, our combined talents and market presence make us a formidable insurance agency that continues to invest in strategic partnerships that build value,” added Skeeles. “We are optimistic about the future of the independent agency system and are committed to helping like-minded individuals transition to the next generation of this distribution channel.”