PCF snaps up Florida agency

PCF Insurance Services has announced that it has acquired Florida-based broker Apple Insurance and Financial Services. The terms of the transaction were not disclosed.

Apple Insurance is an individual health and Medicare insurance agency based in Fort Lauderdale, Fla. It offers access to Florida Blue, a top carrier in the space.

“Apple Insurance is a thriving, high-growth agency,” said Peter C. Foy, chairman, founder and CEO of PCF. “With their proven model for growth and continued value creation, Apple Insurance gives PCF a strong foothold in one of the most competitive individual healthcare markets in the US.”

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“Apple Insurance is a one-stop shop for insurance in the South Florida market with a diverse portfolio of insurance projects,” said Rich Jultak, principal at Apple Insurance. “With PCF, we have a clear path to creating valuable strategic partners with other top-tier insurance agencies throughout the country.”