JAMESTOWN, N.D. (NewsDakota.com/NDFU) – Insural Insurance Solutions has announced it has signed an agreement to purchase WRC Agency, a wholly owned subsidiary of Wisconsin Reinsurance Corporation.
According to WRC President & CEO Jason Fogg, Insural shares WRC’s values and focus on the rural market. “We met with many companies from all over the country and Insural and their parent, Farmers Union Service Association Ltd., were by far the best partners we could have hoped for in this transaction,” said Fogg. “Their integrity, depth of knowledge and commitment to the rural and agricultural community will allow for a seamless transition and continued excellent customer service. We’re confident the agents we support will be in good hands going forward.”
The acquisition is expected to be completed November 1, 2023.
Insural Insurance Solutions is a wholly owned subsidiary of Farmers Union Service Assn. Ltd. dba Farmers Union Insurance, and specializes in supporting agents located in rural communities.
“The acquisition of WRC Agency provides Insural the opportunity to expand its services to over 200 agencies located in Wisconsin, Iowa, Illinois and Missouri,” stated Chief Sales, Marketing, and Brand Officer Kevin Ressler.
Insural CEO Mark Anderson stated, “Farmers Union Insurance’s mission is to build stronger communities, particularly in America’s rural areas. WRC Agency’s rural footprint will allow us to further our outreach and provide growth opportunities for agents who are already providing great service to their customers. We’re excited to get to know our new agency partners and earn their trust.”