Evertree Insurance snaps up finance firm Gnade


Evertree Insurance, a personal lines agency, has acquired Illinois-based Gnade Insurance Group for an undisclosed fee.

According to Coverager, Gnade Insurance Group is a finance company that offers a wide variety of insurance coverage options to organizations and individuals.

Evertree CEO and founder Alex Tuff said, “We are thrilled to welcome all 27 employees at Gnade onto the Evertree Platform. It is very impressive what the Gnades have built from infrastructure to distribution. We look forward to integrating the firm and rolling out new tools and technology that will bring a best-in-class experience for employees, brokers, and clients.

Gnade head of personal lines Gerard Gnade added,”We have focused on building out the next generation of employees and brokers where technology, tools, and social impact are critical. Joining Evertree will be the catalyst we need to position us to be a leading agency that is at the forefront of the industry.”

Gary Gnade – founder of Gnade – remarked, “Our decision to partner with Evertree was driven by their strong cultural fit and tools they bring to the table. We did not even consider going to another firm – it just felt right. We now have a very clear plan for how we will thrive for the next 30 years.”

Copyright © 2022 FinTech Global

Enjoying the stories?

Subscribe to our daily FinTech newsletter and get the latest industry news & research


The following investor(s) were tagged in this article.