Visali Purchases 100% Stock of Insurance Agency Franchise Company, Plans Expansion

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Philip Visali, President and CEO of We Insure Group, Inc. (WE), announced that he has purchased all the shares of We Insure Group - a leading insurance franchise -which he founded in 2009. Besides consolidating ownership, the $3.9 million cash purchase will allow the company to pay off debt and position for growth.

" Today begins a new chapter for WE," said Visali.

We are changing the way insurance agents do business by providing unparalleled back-office support and new business production. This is the future model for insurance agents and WE is leading the way.

Philip Visali, President and CEO of We Insure Group, Inc. (WE), announced that he has purchased all the shares of We Insure Group - a leading insurance franchise -which he founded in 2009. Besides consolidating ownership, the $3.9 million cash purchase will allow the company to pay off debt and position for growth.

" Today begins a new chapter for WE," said Visali. " We are changing the way insurance agents do business by providing unparalleled back-office support and new business production. This is the future model for insurance agents and WE is leading the way."

The company has put in place a new executive team to support its 80+ franchisees in Florida and Georgia and its 300+ employees, agents and producers in the field.

Visali said the company intends to expand its footprint in Florida and Georgia by offering " the best insurance franchise model in the country." Currently, WE is Florida's second largest distribution channel.

WE also announced these leadership changes:

Nick Dakuginow is named Vice President of Service, Chris Salameh becomes Vice President of Franchise Operations and Salena Simpson is Vice President of Operations.

"I want to thank all of our remaining associates and carrier partners for their unwavering support during this transition," Visali said. "This is an exciting time for our company and partners."

Philip Visali
Chief Executive Officer
WE Insure Group, Inc.

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Chris Salameh
@WeInsureGroup
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