Sale to Republic Group
Retained by Four Corners to find a buyer with a strong interest in supporting the Company’s non-standard automobile expansion plans in the Southwest and others areas of the country. The sale of Four Corners was driven by the two principal owners’ desire for a well-capitalized partner. For Republic, Four Corners provides a proven track-record of profitable underwriting, a state-of-the-art policy management system, and bilingual servicing capabilities that will help it serve the growing Hispanic market. Republic also plans to leverage Four Corners’ capabilities to expand its non-standard writings in Louisiana, Mississippi and Arkansas in the near term.