Michigan-based insurer Auto Club Insurance Association (ACIA) has acquired Fremont Insurance Company through a merger transaction with its parent company, Fremont Michigan InsuraCorp.
Fremont Insurance provides property and casualty insurance to individuals, farms and small businesses exclusively in Michigan and has approximately 75 employees and a network of more than 170 independent agencies.
As a part of this acquisition, Fremont’s broad array of product offerings, distribution of business in western and northern Michigan, long-standing independent agency relationships, and financial performance are expected to immediately benefit the enterprise, providing longer-term opportunities and possibilities for both organizations.
ACIA said Richard Dunning, president and CEO of Fremont, will remain in his current position and manage Fremont separately as a wholly-owned subsidiary of ACIA and continue to operate under the Fremont name.
ACIA offers a full range of personal lines insurance products and services through a network of over 600 captive agents and more than 1,100 independent agents located throughout the Midwest.