Confie acquires the insurance operations of Texas Dow Employees Credit Union

Confie has acquired the insurance operations of Texas Dow Employees Credit Union, expanding its credit union insurance business into Texas. Financial terms were not disclosed.

The transaction includes a long-term service agreement to provide insurance to TDECU’s more than 400,000 members. TDECU Insurance Agency offers auto, home, renters, life and health insurance.

The acquired operations will join InsureOne, Confie’s standard and preferred personal lines agency. All 34 employees supporting TDECU’s insurance business will join InsureOne’s credit union division.

“Credit unions are an important part of Confie’s growth strategy, and this partnership represents a significant expansion of that business into Texas,” said Cesar Soriano, CEO of Confie.

InsureOne also offers small commercial coverage, giving business owners within TDECU’s membership access to additional insurance options.