Evertree Insurance, an omni-channel personal lines insurance distribution platform, has acquired Gnade Insurance Group.
Founded in 2022 by insurance industry veteran Alex Tuff, Evertree is a technology-enabled personal lines insurance platform that is focused on building the next generation of independent brokers.
Evertree’s strategy is to develop and deploy productivity enhancing technology, recruit, and train new agents, and to identify, close and fully integrate strategic acquisitions.
The company has previously received significant investment from Integrum Holdings, an innovative private investment firm, whose senior team has led successful investments in Pure, USI, and Alliant, amongst others. Ursula Burns, a founder of Integrum, is Chairwoman of Evertree’s Board of Directors.
Gnade Insurance Group is a 27-person independent insurance agency focused on selling property and casualty insurance. Gnade has over 4,600 clients and is appointed to 20+ carriers.
Alex Tuff, founder and CEO of Evertree, 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.”
Gerard Gnade, head of personal lines, 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.”
Last year, Evertree partnered with investment firm Integrum Holdings to launched Evertree Insurance, an omni-channel personal lines insurance distribution platform.
The partnership will also see an investment from Integrum to support the growth of Evertree. Integrum said its investment will further the growth of the emerging insurance agent through the acquisition of top tier agencies, development of a new technology platform, recruitment of best-in-class personal lines agents and expanding the leadership team.
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