TWFG Insurance acquires Angers & Litz Associates to enhance its presence in the Northeast and expand its insurance distribution network.
Quiver AI Summary
TWFG Insurance has announced the acquisition of Angers & Litz Associates, Inc., a well-known insurance agency located in Schenectady, New York, as part of its strategy to expand its presence in the Northeast. This acquisition, which marks a significant step in TWFG’s growth plans, leverages Angers & Litz's strong local reputation and established client relationships, enhancing TWFG's market penetration and long-term growth potential in the region. Michael Litz will stay on as branch manager, emphasizing the importance of community and client relationships. Gordy Bunch, CEO of TWFG, highlighted that this acquisition aligns with their mission to partner with high-performing agencies to enhance independent agents' capabilities throughout the U.S.
Potential Positives
- TWFG Insurance has expanded its national footprint through the strategic acquisition of Angers & Litz Associates, enhancing its presence in the Northeast market.
- The acquisition strengthens TWFG’s distribution capabilities and supports its mission of empowering independent agents with scalable, tech-enabled insurance solutions.
- Angers & Litz has a long-standing reputation and established client relationships that provide immediate market penetration and long-term growth potential for TWFG.
- This move reflects TWFG’s commitment to scaling through partnerships with culturally compatible and high-performing agencies, aligning with its overall growth strategy.
Potential Negatives
- Acquisition may raise concerns about integration challenges and retention of Angers & Litz's client relationships, potentially impacting service quality.
- The reliance on high-quality partnerships could be a risk if the anticipated synergies from the acquisition do not materialize.
- Market reaction may be cautious, given previous volatility in company performance or industry conditions that could affect growth prospects.
FAQ
What is the recent acquisition made by TWFG Insurance?
TWFG Insurance has acquired Angers & Litz Associates, Inc., enhancing its presence in the Northeast market.
How will the acquisition of Angers & Litz benefit TWFG?
The acquisition strengthens TWFG’s distribution capabilities and provides immediate market penetration and long-term growth potential.
Who will continue to lead Angers & Litz after the acquisition?
Michael F. Litz will remain as branch manager post-acquisition, ensuring continuity of client relationships.
What is the history of Angers & Litz Associates?
Founded in 1963, Angers & Litz has a strong reputation for providing commercial and personal lines insurance solutions.
What is TWFG Insurance's mission?
TWFG aims to empower independent agents while delivering scalable, tech-enabled insurance solutions across the U.S.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
$TWFG Analyst Ratings
Wall Street analysts have issued reports on $TWFG in the last several months. We have seen 2 firms issue buy ratings on the stock, and 0 firms issue sell ratings.
Here are some recent analyst ratings:
- UBS issued a "Buy" rating on 07/09/2025
- BMO Capital issued a "Outperform" rating on 03/04/2025
To track analyst ratings and price targets for $TWFG, check out Quiver Quantitative's $TWFG forecast page.
$TWFG Price Targets
Multiple analysts have issued price targets for $TWFG recently. We have seen 5 analysts offer price targets for $TWFG in the last 6 months, with a median target of $34.0.
Here are some recent targets:
- Brian Meredith from UBS set a target price of $42.0 on 07/09/2025
- Bob Huang from Morgan Stanley set a target price of $34.0 on 05/19/2025
- Pablo Singzon from JP Morgan set a target price of $34.0 on 05/19/2025
- Tommy McJoynt from Keefe, Bruyette & Woods set a target price of $32.0 on 04/09/2025
- Michael Zaremski from BMO Capital set a target price of $32.0 on 03/04/2025
Full Release
THE WOODLANDS, Texas, Aug. 12, 2025 (GLOBE NEWSWIRE) -- TWFG Insurance (NASDAQ: TWFG), a high-growth independent insurance distribution platform, has expanded its national footprint with the strategic acquisition of Angers & Litz Associates, Inc., a well-established agency based in Schenectady, New York. This move marks a key milestone in TWFG’s Northeast growth strategy and reinforces its commitment to scaling through high-quality, legacy-rich partnerships.
Founded in 1963, Angers & Litz has built a strong reputation for delivering both commercial and personal lines insurance solutions. Its deep regional presence and multi-generational client relationships provide TWFG with immediate market penetration and long-term growth potential in the Northeast.
Michael F. Litz, who will be staying on as branch manager, stated, “We built our reputation by being deeply rooted in our community and putting our clients first. Joining forces with TWFG strengthens our ability to serve while preserving the personal relationships and trust we have cultivated for decades.”
“This acquisition aligns with our strategy to grow through culturally compatible, high-performing agencies,” said Gordy Bunch, Founder and CEO of TWFG Insurance. “Angers & Litz brings decades of trusted service and leadership, and we’re proud to welcome them into the TWFG family.”
The addition of Angers & Litz strengthens TWFG’s distribution capabilities and supports its mission to empower independent agents while delivering scalable, tech-enabled insurance solutions across the U.S.
About TWFG Insurance
TWFG Insurance (NASDAQ: TWFG) is a leading independent distribution platform for personal and commercial insurance in the United States. With a network of independent agents and access to hundreds of carriers, TWFG delivers tailored coverage solutions that drive growth, efficiency, and customer satisfaction.
Investor Contact:
Gene Padgett
TWFG, Inc. - Chief Accounting Officer
Email:
[email protected]
PR Contact:
Alex Bunch
TWFG, Inc. – Chief Marketing Officer
E-mail:
[email protected]
