PCF Insurance Services Acquires Trade Risk Guaranty

PCF Insurance Services Acquires Trade Risk Guaranty

by | Jun 23, 2021 | Business Growth, TRG Events

Trade Risk Guaranty is happy to announce our official partnership with PCF Insurance Services (PCF).

On May 12th, 2021, PCF Insurance Services announced a partnership with John and Laura Michel at Trade Risk Guaranty (TRG). PCF’s investment in this strategic partnership will enable TRG to offer unique benefits and other types of insurance coverage to its clients.

Get to Know PCF

PCF Insurance Services is an insurance brokerage firm that provides complete risk management solutions with a broad array of property & casualty, life and health, employee benefits, and workers’ compensation insurance products. PCF was founded in 1987 and headquartered in Salt Lake City, Utah. Due to its scale and growth, PCF is a top 50 broker in the United States by revenue.

Since being founded in 1991, Trade Risk Guaranty has evolved into one of the premier U.S. Custom Bonds and Ocean Marine Cargo Insurance brokerages nationwide. This accreditation made TRG an ideal acquisition for PCF. With over 60 agencies dotted across the United States, PCF is establishing its place on the national stage among the industry’s most active acquirers.

TRG’s experience and longevity in the rapidly growing industry of U.S. Customs Bonds and Marine Cargo Insurance is something that PCF is thrilled to expand upon.

What this Partnership Means for TRG

Joining forces with PCF gives Trade Risk Guaranty access to a more extensive risk management solution network, allowing us to give our clients access to additional resources specific to their business needs. As we advance, TRG will have the ability to provide additional types of insurance.

John and Laura Michel, the founders and agency principals of Trade Risk Guaranty, will continue to lead TRG operations while becoming owners and Partners of PCF Insurance Services. The Michels are recognized as strong leaders in the industry with over 30 years of experience.

Trade Risk Guaranty will continue to operate under its best-in-class area of expertise with U.S. Custom Bonds and Ocean Marine Cargo Insurance. We will also continue to live by our mission statement of providing import solution services to the international trade community, focusing on innovation and affordability, empowering its customers to achieve professional goals. Going forward, we ensure that our clients will experience the same focus on customer service they have always had when working with TRG.

Additionally, PCF will bring added infrastructure and operational support to TRG through its Shared Services team. This elite team of experts offers tailored support in finance and accounting, human resources, information systems, carrier relations, communication and marketing, and growth operations.

Download a complete guide on Marine Cargo Insurance from Trade Risk Guaranty.

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