OneDigital, an insurance brokerage, financial services, and HR consulting firm, has acquired Fortune Insurance, a property and casualty firm headquartered in Tacoma, Washington.

A press release announcing the news said that with an established presence in employee benefits, HR, and financial services throughout Washington, the strategic acquisition expands OneDigital’s capabilities into property and casualty insurance and strengthens the business’ risk management footprint in the region. It also advances OneDigital’s commitment to delivering integrated, end-to-end solutions for employers.

Founded in 2014 by President Grant Baldwin, Fortune Insurance has earned a strong reputation for delivering a wide range of services—including general and professional liability, property and vehicle coverage, excess and umbrella policies, workers’ compensation, employment practices liability and intellectual and product liability, the press release said. It also noted that Fortune has become a go-to resource for practical, industry-specific cyber solutions that help clients safeguard their operations and stay ahead of evolving risks.

Through the partnership, the Fortune team will gain access to OneDigital’s nationwide network of P&C resources. The collaboration will strengthen OneDigital’s P&C presence across the Western region, complementing its existing offices in California, Colorado, Idaho and Utah, the press release said.

Topics
Mergers & Acquisitions