Mobile, AL -- August 1, 2023. Valent Group LLC (Valent), a leading insurance brokerage and risk management company based in Birmingham, Alabama, is pleased to announce the successful acquisition of Coastal Professional Insurance, Inc. (CPI), a prominent agency specializing in coastal property coverage and flood insurance. This strategic move further strengthens Valent Group's position as a premier provider of insurance solutions in the coastal regions.
"We are excited to join forces with Valent Group, a company that shares our passion for excellence and dedication to client satisfaction"
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CPI has been serving clients for over three decades – with a strong commitment to client satisfaction and a deep understanding of the unique challenges faced by coastal property owners, CPI has earned an outstanding reputation in the industry with businesses and individuals alike.
The acquisition of CPI aligns seamlessly with Valent's vision to expand its presence and enhance its portfolio of specialized insurance offerings, including flood experience that will further strengthen Valent's condo expertise. Valent Group will be better equipped to deliver comprehensive insurance solutions tailored to the specific needs of coastal communities and businesses.
"We could not be more excited to have CPI joining our organization," said Kurt Close, President of Valent Group. "La Donna and her team are a great culture fit and bring a strong customer-focused growth mentality to our Mobile office. In addition to the personal lines synergies created, CPI's industry leading flood expertise will allow us to strengthen our commercial condominium specialization as we look to expand our customer base in that area."
Under the new ownership, CPI will benefit from Valent's extensive resources, including access to insurance markets, technology platforms and a broader range of risk management solutions.
"We are excited to join forces with Valent Group, a company that shares our passion for excellence and dedication to client satisfaction," said La Donna Douglas, President of CPI. "With their extensive resources and expertise, we look forward to expanding our reach and enhancing our services to better serve and protect our valued clients along the coast."
The acquisition of CPI represents an exciting milestone for Valent as it continues to grow its market presence and expand its capabilities. This strategic move reinforces Valent's commitment to delivering innovative insurance solutions and industry-leading expertise to clients across diverse sectors.
For more information about Valent Group, please visit their website at www.valentgroup.com.
About Valent Group LLC
Valent Group provides risk consulting and insurance for businesses, employer benefit groups and individuals across Alabama and nationwide. Valent Group is an independently owned firm headquartered in Birmingham, Alabama, with offices in Huntsville, Mobile and Decatur. They are a subsidiary of EBSCO Industries, a privately held global company. For more information, visit www.valentgroup.com.
About Coastal Professional Insurance, Inc
Coastal Professional Insurance, Inc. is a trusted insurance agency specializing in coastal property coverage. With over three decades of industry expertise, CPI offers comprehensive insurance solutions tailored to the unique needs of clients in coastal communities.