Federated Mutual Insurance Company has acquired High Definition Vehicle Insurance, Inc. (HDVI), a technology-focused commercial auto insurance provider specializing in the trucking industry.
The acquisition became effective August 1, 2026, and brings HDVI under the Federated Insurance organization while allowing the company to continue operating largely independently. The deal is expected to provide HDVI with additional financial resources and stability as it looks to expand its technology-driven approach to commercial trucking insurance.
Founded eight years ago, HDVI has developed an insurance platform that combines commercial auto coverage with telematics, software and data analytics. The company uses historical and real-time driving information to evaluate risk while providing fleets with tools intended to improve safety and operating performance.
HDVI has grown from a startup into an insurance provider operating across 26 states. The company currently works with more than 100 insurance agencies and approximately 500 producers, providing coverage for hundreds of commercial fleets and thousands of drivers annually.
Adam Barnett, president and CEO of HDVI, said joining Federated will provide the company with the financial backing needed to expand its operations and bring its telematics-based insurance solutions to additional customers. He also pointed to Federated’s established market position and shared values as important factors in the combination.
HDVI founder and board chair Chuck Wallace said the transaction represents another stage in the company’s development. Wallace credited HDVI’s employees, investors, customers and business partners for helping establish the company as an innovator in the commercial auto insurance market.
For Federated Insurance, the acquisition provides an opportunity to expand its commercial insurance capabilities while gaining access to HDVI’s technology and experience in the trucking sector.
Federated Chairman, President and CEO Nicholas Lower described the acquisition as a strategic investment designed to support future growth and diversify the company’s operations. He also highlighted similarities between the two organizations, including their emphasis on client service and efforts to reduce vehicle crashes and workplace injuries.
A key component of the transaction is HDVI’s continued operational independence. The company will remain a separate subsidiary of Federated Insurance and will retain its existing employees. HDVI also plans to maintain its relationships with current insurance agency partners, limiting disruption for producers and customers following the acquisition.
HDVI said Federated intends to invest in the company’s continued development rather than significantly change its existing business model. The additional financial resources available through Federated are expected to help HDVI enhance its products and services while pursuing further growth in the commercial transportation insurance market.
Information for this article was provided by High Definition Vehicle Insurance, Inc. Views and claims expressed in this article are those of the source company and do not necessarily reflect the views of AgencyEquity.com. This article may have been edited with the help of AI.
