Inszone Insurance Services has strengthened its position in the hospitality insurance market through the acquisition of Progress Brokerage Group, LLC, a specialized independent agency recognized for serving bars, restaurants, taverns, and other hospitality businesses. Terms of the transaction were not disclosed.
Founded in 2013 by Ed Snow, Progress Brokerage Group has built its reputation by focusing on the unique insurance needs of hospitality businesses. Rather than relying on large-scale marketing campaigns, the agency has grown primarily through referrals, long-standing client relationships, and deep involvement within the hospitality community. Its specialized knowledge has made it a trusted resource for businesses operating in a challenging insurance segment.
The acquisition aligns with Inszone’s ongoing strategy of expanding its national footprint by partnering with agencies that bring specialized expertise and strong local relationships. Hospitality insurance has become increasingly complex as many standard insurance carriers have tightened underwriting guidelines for bars, restaurants, and liquor-related risks. Agencies with established carrier relationships and industry-specific knowledge have become increasingly valuable in helping clients secure appropriate coverage.
Chris Walters, Chief Executive Officer of Inszone Insurance Services, said Progress Brokerage Group represents the type of agency the company looks to partner with. He noted that the agency’s relationship-driven business model, commitment to client service, and expertise within the hospitality sector make it an excellent addition as Inszone continues to expand its presence across the eastern United States.
For Progress Brokerage Group, cultural alignment played a significant role in the decision to join Inszone. Founder Ed Snow said the agency considered multiple opportunities before selecting Inszone because its leadership understands the realities of operating an independent retail insurance agency. According to Snow, the shared emphasis on personal relationships, responsive service, and supporting local businesses made the partnership a natural fit.
As part of the transaction, Progress Brokerage Group’s existing team will remain in place. Clients will continue working with the professionals they know while gaining access to Inszone’s broader carrier network, advanced technology platforms, operational resources, and expanded insurance expertise. The integration is designed to preserve the personalized service that helped establish Progress Brokerage’s reputation while enhancing the resources available to both clients and employees.
Founded in 2002, Inszone Insurance Services has grown into one of the nation’s largest independent insurance brokerages, offering commercial, personal, and employee benefits solutions through an expanding network of offices across the country. The company has pursued an active acquisition strategy, partnering with agencies that bring specialized capabilities and strong community relationships while maintaining their local service philosophy.
The addition of Progress Brokerage Group further enhances Inszone’s expertise in the hospitality sector while supporting its broader growth strategy. As the commercial insurance marketplace continues to evolve, the acquisition positions the brokerage to better serve restaurants, bars, taverns, and other hospitality businesses by combining specialized industry knowledge with the resources of a growing national organization.
Information for this article was provided by Inszone Insurance Services. 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.
