PointeNorth Insurance Group Continues Expansion in Southeast with Acquisition of Iron Mountain Insurance in Alabama
Fast-growing Iron Mountain Insurance is poised for increased growth as it gains access to additional capital and resources through PointeNorth Insurance Group.
ATLANTA, Feb. 26, 2020 /PRNewswire-PRWeb/ -- PointeNorth Insurance Group, LLC (PNIG), one of the largest independent insurance agencies in the Southeast with local ownership, has expanded its reach in the Southeastern United States with the acquisition of Iron Mountain Insurance, located in Birmingham, Alabama. Iron Mountain Insurance, which specializes in property and casualty insurance, was acquired by PointeNorth Insurance and has joined the PointeNorth Alliance™, which provides additional markets, services, and tools to help agencies develop new talent, grow organically and increase profitability.
"The insurance industry is extremely competitive, and PointeNorth Insurance Group provides everything an insurance business owner needs to take their business to the next level," said Jonathan Scarborough, Senior Vice President of Iron Mountain Insurance. "Now we have access to extensive resources that we didn't have before to help with everything from back office support, all the way up to the most strategic needs, including marketing strategy and risk management programs."
As a PointeNorth Alliance member, Iron Mountain Insurance is able to offer customers additional services and specialty programs in the areas of transportation, franchise, non-emergency and emergency ambulance and construction. Matt Kilgore, President of Iron Mountain Insurance, will also serve as Senior Vice President of PointeNorth Insurance Group. Jonathan Scarborough, Senior Vice President of Iron Mountain Insurance, will also serve as Senior Vice President of PointeNorth Insurance Group.
"PointeNorth Insurance Group is unique in the industry in that they want to come alongside insurance agency owners and help them grow their business," said Kilgore. "In addition to having the operational tools and resources we need to grow our business, we also now have access to an exceptional range of custom insurance solutions to provide to our clients, which makes our company stronger than ever."
With the acquisition of Iron Mountain Insurance, PointeNorth Insurance Group expands to more than 200 employees. Strategic organic growth and acquisitions have resulted in the company more than doubling revenue in the past three years. PointeNorth Insurance Group has Georgia offices located in Alpharetta, Atlanta, Cumming, Gainesville, Warner Robins, and Byron, as well as offices in other states including Greenville, South Carolina, and Birmingham, Alabama.
"The energy level and entrepreneurial spirit of the team at Iron Mountain Insurance is contagious and has greatly contributed to their rapid growth," stated William Skeeles, PointeNorth President and CEO. "We are excited to invest in Iron Mountain Insurance and increase our position in Alabama."
About PointeNorth Insurance Group
PointeNorth, one of the top 60 agencies in the United States, offers insurance and financial products to more than 50,000 households and businesses nationwide and was formed with the partnering of outstanding agencies throughout the Southeast. PointeNorth Insurance Group LLC is headquartered at 1100 Circle 75 Parkway, Atlanta, Georgia. For more information, visit http://www.PointeNorthIns.com.
SOURCE PointeNorth Insurance Group
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