Inszone Insurance Services is growing its reach by stepping into Arkansas with the purchase of Arkansas Best Insurance Agency, Inc., a well-established independent agency rooted in Hot Springs. This move marks a significant expansion for Inszone, bringing a company with more than a century of experience into its portfolio.
Arkansas Best Insurance Agency has been around since 1905, serving clients across Arkansas and nearby states. Over the years, it has developed a strong reputation for dependable service and putting customers first. In 1995, Michael Lipton and a partner bought the agency from a local bank. Lipton has been the main owner for the past 15 years, continuing to build on the agency’s long-standing foundation.
The agency offers a broad range of insurance options. It works with businesses of all sizes and also has a solid footing in personal insurance lines. This generalist approach has helped it serve diverse needs in the communities it covers.
With this acquisition, Inszone not only increases its presence in the South Central region but also adds a trusted name with deep local roots to its team. This move reflects Inszone’s strategy to grow by bringing regional agencies into a broader network, combining local knowledge with a larger platform.
The deal adds to a growing trend in the insurance industry where established agencies join forces with larger groups to expand their market reach and enhance service offerings to clients. For Arkansas Best’s customers, this could mean access to a wider range of products and resources while maintaining the personalized attention they are used to.
Overall, this step by Inszone underscores the ongoing shifts in the insurance landscape, where partnerships and acquisitions help companies better serve changing customer needs in competitive markets.