Confie Seguros Purchases Alamo Auto Insurance

Confie Seguros, a provider of auto insurance with an emphasis on serving Hispanic consumers, has acquired auto insurance brokerage Alamo Auto Insurance.

The acquisition of San Antonio-based Alamo expands Confie Seguros' presence beyond its platform in California and continues its pace towards building a leading national insurance distribution company primarily focused on the needs of Hispanic consumers.

Confie Seguros is building a national distribution company focusing on eight to 10 of the most densely populated Hispanic markets, including California, Arizona, Florida, Texas, Illinois, and Nevada. The acquisition of Alamo continues the implementation of the company's business plan outside of California. Alamo has over eight brokerage locations bringing to nearly 90 the total number of Confie Seguros retail brokerage stores in California and Texas.

Confie Seguros has recruited insurance industry veteran Peter Gomez as senior vice president to lead the Texas expansion. Gomez joins Confie Seguros with over 12 years of experience in running large non-standard auto insurance retail brokerages in Texas, Illinois, and California.