STONEMARK, INC.

Imperial PFS (IPFS), the leading provider of premium finance solutions in North America, has acquired STONEMARK, INC., a privately held premium finance organization. The transaction closed on April 1, 2024.    Stonemark’s existing client base of over 4,000 agencies, along with their entire team, are joining IPFS with this deal. This acquisition signifies tremendous growth potential in premium finance, bringing together two organizations with decades of industry expertise.     Founded in 1983, Stonemark specializes in offering full-service premium finance options for both commercial and personal lines. “We look forward to welcoming Stonemark’s 48 Associates who have a combined 200+ years of industry experience,” said Frank Friedman, CEO, and President at IPFS, “We have no doubt Stonemark’s mission and values will integrate well with our continued commitment to providing Legendary Service to all of our insurance clients.”     “Our united efforts give us a unique advantage in understanding the challenges and needs of the insurance industry,” said Elizabeth Davies, President at Stonemark, “We are thrilled to be joining an organization with a vibrant history in premium finance, payments, and technology solutions.”     Both IPFS and Stonemark are family-owned, solution-oriented organizations that bring the drive, determination, and experience of their people to deliver exceptional results. The alignment in culture, values, and business practices provides insurance agents and brokers with expanded opportunities for exceptional results.     Driven by its mission to be the market leader delivering innovative financial and technology solutions, IPFS is guided by the core values of Legendary Service, Financial Strength, Innovation, and Empowerment. IPFS provides One Platform of tools, resources, and solutions for the insurance industry including premium finance, payments, and document signature and delivery.    Headquartered in Kansas City, Missouri since 1977, IPFS is the largest family-owned premium finance company in North America, with over 600 Associates, 15,000 Clients, 650,000 Insureds, and $15.5 Billion financed in 2023. More information can be found at www.ipfs.com.     Colonnade Securities LLC acted as financial advisor to Stonemark during the acquisition process. #ipfs #stonemark #imperialpfs #premiumfinance #insurance

One week away! The IIABA-Los Angeles, IBA-SFV, and IBA-BGP are hosting the 2024 I-DAY Carnival on Tuesday, March 19, in Pasadena. This event will provide great opportunities for networking, a trade show to meet and connect with industry partners, and much more. Get details or register now at https://zurl.co/FRAH #IIABCal

For over 50 years, H.W. Kaufman Group’s focus and priority has always been our people. Thank you to our incredible teams across the globe for your continued support in delivering the service on which our clients rely. #TeamKaufman #EmployeeAppreciationDay

A CENTURY OF CHANGE, A LEGACY OF IMPACT! Register for Houston Insurance Day 2024 Houston Insurance Day has predominantly been known as the largest one-day trade show in the Southwest for insurance professionals. We are excited to celebrate with you the 100th Centennial Anniversary of IIAH. Join us on February 21, 2024, for a day of celebration and networking! Where: Houston Marriott Westchase 2900 Briarpark Houston, TX 77042 Schedule: Trade Show Day Wednesday - February 21, 2024 9:00 AM - 11:30 AM | 2:00 PM - 4:30 PM Lunch 12:00 PM - 1:45 PM Who should attend? Any Member & Non Member Agents, as well as any insurance agency personnel. The exhibit hall is FREE to all insurance agents so everyone in the office can attend! Come take advantage of this opportunity to put faces to those you have never met before, as well as meet some new possibilities. What to expect? ◘ In-person exhibitor swag and/or booth giveaways ◘ Lunch & Networking Available ◘The Brokers Espresso & Coffee Bar ◘The Catastrophe Frosty Bar ◘Hear industry experts at lunch discuss the state of the industry ◘Special presentations at lunch - Outstanding Service Award, RT Specialty & Tom Mraz Scholarships ◘BINGO ◘ Door Prizes ◘and much more! Register Here: https://lnkd.in/gmtarud4 #HID2024 #IIAH100years

Ready to take the lead? Register for the Agency Management Conference and start elevating your agency leadership today. https://lnkd.in/dimaQ85A