Kemper announces sale of Newins distribution operation

Kemper announced it has completed the sale of a property and casualty distribution operation consisting of captive agents and storefront locations to insurance broker Confie.

The transaction includes the sale of Newins Insurance Agency Holdings, LLC, which operates under the Illinois Vehicle, A-Abana, and Access Auto Insurance brands in a limited number of states. The operation was acquired by Kemper as part of the American Access Insurance Company transaction in 2021.

Employees associated with the business have transitioned to Confie as part of the transaction.

“This transaction is consistent with our focus on improving performance in our core operations. It allows us to further concentrate on our independent agent distribution channel for specialty auto and direct our resources toward areas where we see the greatest opportunity for long-term value. We have a strong relationship with Confie and believe they are well positioned to support the continued growth of the Newins operations.” – C. Thomas Evans, Jr., Interim CEO.