Inszone Insurance Services acquires Inszone Insurance Services
Inszone Insurance Services has acquired Coriano & Riesop Insurance, a Phoenix-based agency known as Coriano Insurance Agency, further cementing its presence in the U.S. Southwest. This acquisition aligns with Inszone's strategy of expanding its national footprint, now operating in 22 states. The financial details of the transaction were not disclosed.
Founded in 2017 by Chris and Emily Coriano, Coriano Insurance quickly scaled to manage over $9 million in premiums through a focus on organic referrals and customer satisfaction, forgoing paid marketing. The agency prioritizes employee investment, which founders believe is key to client retention and high consumer ratings. Inszone's acquisition of Coriano includes incorporating Coriano's team into its expanding Arizona operations.
The rationale for the sale is heavily influenced by succession planning, according to Chris Coriano. The founders emphasized the importance of selecting a buyer that would prioritize their staff's well-being and professional growth. After considering several potential buyers, they chose Inszone for its commitment to maintaining the agency's cultural values and for offering needed operational support.
Inszone has a well-established reputation as an active player in U.S. broker market consolidations. Industry analysis consistently places it alongside BroadStreet Partners and World Insurance Associates as leading brokerage acquirers. Collectively, these firms represented nearly 19.4% of broker M&A activity out of 753 announced deals in 2025. Previous reports note that Inszone completed 43 transactions in 2024 alone, affirming its aggressive growth strategy.
Looking forward, Inszone's acquisition strategy continues operating amidst broader sector trends that shape Arizona's insurance market. Factors such as the state's lack of a FAIR Plan and heightened risks related to wildfires and worker's compensation contribute to demand for independent broker expertise. Additionally, Arizona mandates surety bonds for licensed contractors, underscoring the need for agency capacity in the local construction sector. This acquisition not only enhances Inszone's regional footprint but also equips it to leverage sector dynamics unique to the Phoenix market.
Deal timeline
This transaction is classified in Insurance. Figures and status may change as sources update.