Inszone Insurance Services, a national provider of commercial, personal, and benefits insurance, announced it has acquired Arkansas Best Insurance Agency, Inc., a long-standing independent agency based in Hot Springs, Arkansas.
Founded in 1905, Arkansas Best Insurance Agency has served clients across Arkansas and neighboring states for well over a century. In 1995, the agency was purchased from a local bank by Michael Lipton and a partner, with Lipton serving as the primary owner for the last 15 years.
Arkansas Best Insurance Agency has operated as a generalist, providing insurance solutions for businesses of all sizes while also maintaining a strong presence in personal lines.
“It became clear we couldn’t perpetuate the agency internally,” said Lipton. “I was very impressed with Chris Walters when he came and met with me personally. Inszone seemed like the best fit—compared to some of the larger options out there, Inszone shared our philosophies. They understand the importance of working with medium and smaller accounts, and personal lines remain a big part of what we do. That alignment made all the difference.”
“Arkansas Best Insurance Agency has an incredible history and a legacy of client service that spans more than a century,” said Walters, CEO of Inszone Insurance Services. “Their strong mix of commercial and personal lines, as well as their deep community ties, make them an excellent addition to the Inszone team. We look forward to building on their success and providing additional resources and carrier access to both their team and their clients.”
Arkansas Best Insurance Agency will continue operating out of its Hot Springs and Hot Springs Village offices.
Inszone Insurance Services was founded in 2002 and is headquartered in Sacramento, California.