Tesani Insurance Group Expands Reach with Strategic Acquisition of Part of Hive Insurance’s Book of Business
PRESS RELEASE
FOR IMMEDIATE RELEASE
PROVO, UTAH – September 23, 2024 – Tesani Insurance Group (TIG) proudly announces the acquisition of a significant book of business from Hive Insurance, marking another major milestone in TIG’s rapid growth trajectory. This strategic move, finalized in September of 2024, bolsters TIG’s position as a leading force in the insurance industry and enhances its ability to serve a growing customer base with innovative and comprehensive insurance solutions.
The Hive Insurance acquisition complements TIG’s earlier purchase of Blue Valley Insurance in January 2024, demonstrating TIG’s commitment to sustained growth and exceptional service. This marks the third acquisition for TIG in 2024, underscoring the company’s strategic focus on expanding its portfolio and market presence.
“This acquisition reflects our dedication to meeting the evolving needs of our clients and reinforces our position as a trusted partner in the insurance industry,” said Travis Hansen, CEO of Tesani. “We are excited to welcome our new clients and partners from Hive Insurance and look forward to delivering the same level of service excellence and innovative solutions they’ve come to expect.”
For further information or media inquiries, please contact:
Contact Name: Chelsey Sperry, Director of Public Relations
Company: Tesani Insurance Group
Phone Number: (801) 477-1222
Email Address: chelsey@tesani.com
Website: www.tesanigroup.com