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TWFG Insurance Accelerates Northeast Expansion with Acquisition of Angers & Litz Associates

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TWFG Insurance (NASDAQ: TWFG) has announced the strategic acquisition of Angers & Litz Associates, a Schenectady, New York-based insurance agency established in 1963. The acquisition represents a significant expansion of TWFG's presence in the Northeast market.

The deal brings aboard a well-established agency with expertise in both commercial and personal lines insurance solutions. Michael F. Litz will continue as branch manager, ensuring continuity of operations and client relationships. The acquisition aligns with TWFG's growth strategy of partnering with culturally compatible, high-performing agencies while expanding its tech-enabled insurance distribution platform across the United States.

TWFG Insurance (NASDAQ: TWFG) ha annunciato l'acquisizione strategica di Angers & Litz Associates, un'agenzia assicurativa con sede a Schenectady, New York, fondata nel 1963. L'operazione rappresenta una significativa espansione della presenza di TWFG nel mercato del Nord-Est.

L'accordo incorpora un'agenzia consolidata, specializzata in soluzioni assicurative sia per il ramo commerciale sia per quello personale. Michael F. Litz continuerà a svolgere il ruolo di direttore della filiale, garantendo continuità operativa e nelle relazioni con i clienti. L'acquisizione è in linea con la strategia di crescita di TWFG, che punta a collaborare con agenzie ad alte prestazioni e culturalmente affini, estendendo al contempo la sua piattaforma di distribuzione assicurativa supportata dalla tecnologia negli Stati Uniti.

TWFG Insurance (NASDAQ: TWFG) ha anunciado la adquisición estratégica de Angers & Litz Associates, una agencia de seguros con sede en Schenectady, Nueva York, fundada en 1963. La operación supone una expansión importante de la presencia de TWFG en el mercado del noreste.

El acuerdo suma una agencia bien establecida, experta en soluciones tanto para líneas comerciales como personales. Michael F. Litz continuará como director de la sucursal, asegurando la continuidad de las operaciones y las relaciones con los clientes. La adquisición se alinea con la estrategia de crecimiento de TWFG de asociarse con agencias de alto rendimiento y compatibles culturalmente, mientras expande su plataforma de distribución de seguros habilitada por tecnología en Estados Unidos.

TWFG Insurance (NASDAQ: TWFG)� 1963년에 설립� 뉴욕 쉔넥터디 소재 보험� Angers & Litz Associates� 전략적으� 인수했다� 발표했습니다. 이번 인수� TWFG� 미국 북동부 시장 확장� 의미합니�.

이번 거래� 상업� � 개인� 보험 상품� 대� 전문성을 갖춘 안정적인 대리점� 합류합니�. Michael F. Litz� 지점장으로 계속 재직하여 업무와 고객 관계의 연속성을 유지� 예정입니�. 이번 인수� 문화적으� 적합하고 성과가 우수� 대리점� 협력하면� 기술 기반� 보험 유통 플랫폼을 미국 전역으로 확장하려� TWFG� 성장 전략� 일치합니�.

TWFG Insurance (NASDAQ: TWFG) a annoncé l'acquisition stratégique de Angers & Litz Associates, une agence d'assurance basée à Schenectady, New York, fondée en 1963. Cette opération représente une expansion significative de la présence de TWFG dans le Nord-Est des États-Unis.

L'accord intègre une agence bien établie, spécialisée dans les solutions d'assurance tant pour les lignes commerciales que personnelles. Michael F. Litz restera directeur de la succursale, assurant la continuité des opérations et des relations clients. Cette acquisition s'inscrit dans la stratégie de croissance de TWFG, visant à s'associer avec des agences performantes et culturellement compatibles tout en étendant sa plateforme de distribution d'assurance soutenue par la technologie à l'échelle nationale.

TWFG Insurance (NASDAQ: TWFG) hat die strategische Übernahme von Angers & Litz Associates bekanntgegeben, einer 1963 gegründeten Versicherungsagentur mit Sitz in Schenectady, New York. Der Zukauf erweitert TWFGs Präsenz im Nordosten der USA deutlich.

Mit dem Deal gewinnt TWFG eine etablierten Agentur mit Expertise in gewerblichen und privaten Versicherungssparten. Michael F. Litz bleibt als Filialleiter tätig und sorgt so für Kontinuität in Betrieb und Kundenbeziehungen. Die Übernahme passt zur Wachstumsstrategie von TWFG, die auf Partnerschaften mit leistungsstarken, kulturell passenden Agenturen setzt und gleichzeitig die technologiebasierte Vertriebsplattform für Versicherungen in den USA ausbaut.

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Insights

TWFG's acquisition of Angers & Litz strengthens Northeast presence, expanding distribution network with minimal integration risk.

TWFG Insurance's acquisition of Angers & Litz Associates represents a textbook bolt-on acquisition strategy that enhances the company's geographic footprint in the strategically important Northeast market. The target agency, founded in 1963, brings immediate benefits: established market presence, multi-generational client relationships, and a diversified product mix spanning both commercial and personal lines.

What makes this deal particularly attractive is the retention of key leadership. Michael Litz staying on as branch manager significantly mitigates integration risk and helps preserve client relationships � crucial in the relationship-driven insurance business where client retention directly impacts revenue stability. The cultural compatibility highlighted in the announcement suggests TWFG is executing a thoughtful M&A playbook that prioritizes fit over mere geographic expansion.

This transaction aligns with the industry-wide consolidation trend among insurance brokerages seeking scale advantages. For TWFG, each acquisition like this strengthens its value proposition to both carriers and clients by expanding its distribution capabilities. The deal's structure � maintaining the local branch identity while integrating into TWFG's platform � follows the proven "acquire and empower" approach that has worked well for successful insurance aggregators.

While financial terms weren't disclosed, these types of legacy agency acquisitions typically involve reasonable multiples given their stable, recurring revenue profiles. The Northeast expansion also diversifies TWFG's geographic risk profile, potentially reducing exposure to regional economic or catastrophe events.

THE WOODLANDS, Texas, Aug. 12, 2025 (GLOBE NEWSWIRE) -- TWFG Insurance (NASDAQ: TWFG), a high-growth independent insurance distribution platform, has expanded its national footprint with the strategic acquisition of Angers & Litz Associates, Inc., a well-established agency based in Schenectady, New York. This move marks a key milestone in TWFG’s Northeast growth strategy and reinforces its commitment to scaling through high-quality, legacy-rich partnerships.

Founded in 1963, Angers & Litz has built a strong reputation for delivering both commercial and personal lines insurance solutions. Its deep regional presence and multi-generational client relationships provide TWFG with immediate market penetration and long-term growth potential in the Northeast.

Michael F. Litz, who will be staying on as branch manager, stated, “We built our reputation by being deeply rooted in our community and putting our clients first. Joining forces with TWFG strengthens our ability to serve while preserving the personal relationships and trust we have cultivated for decades.�

“This acquisition aligns with our strategy to grow through culturally compatible, high-performing agencies,� said Gordy Bunch, Founder and CEO of TWFG Insurance. “Angers & Litz brings decades of trusted service and leadership, and we’re proud to welcome them into the TWFG family.�

The addition of Angers & Litz strengthens TWFG’s distribution capabilities and supports its mission to empower independent agents while delivering scalable, tech-enabled insurance solutions across the U.S.

About TWFG Insurance

TWFG Insurance (NASDAQ: TWFG) is a leading independent distribution platform for personal and commercial insurance in the United States. With a network of independent agents and access to hundreds of carriers, TWFG delivers tailored coverage solutions that drive growth, efficiency, and customer satisfaction.

Investor Contact:
Gene Padgett
TWFG, Inc. - Chief Accounting Officer
:

PR Contact:
Alex Bunch
TWFG, Inc. � Chief Marketing Officer
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