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TWFG Insurance Acquires Agencies in Texas and North Carolina, and Adds Innovative Agency Owner, Denise Davis, as Vice President of Retail Operations

1. TWFG acquires two insurance agencies, enhancing its operational footprint. 2. Denise Davis appointed Vice President of Retail Operations for efficiency gains. 3. New acquisitions increase TWFG locations in Texas and North Carolina. 4. Davis's expertise expected to improve scale and efficiency across operations. 5. TWFG represents a vast network of insurance carriers in the U.S.

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Why Bullish?

The acquisitions and leadership appointment signal growth, enhancing TWFG's market position. Historical examples indicate similar acquisitions have led to improved stock performance.

How important is it?

Strategic acquisitions and a new VP indicate strong growth potential, influencing investor confidence. Investor perception may improve due to enhanced market visibility and operational capacity.

Why Long Term?

The integrations and operational efficiencies will yield results over a longer period, benefiting future revenue. Past acquisitions in the insurance sector show positive long-term growth trends.

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THE WOODLANDS, Texas, May 01, 2025 (GLOBE NEWSWIRE) -- TWFG, Inc. (“TWFG”, the “Company”), a high-growth insurance distribution company, announced today the acquisition of two agencies, one in Texas and one in North Carolina, and the hiring of Denise Davis as Vice President of Retail Operations. Denise Davis Insurance, located in Tomball, Texas, converted to a TWFG Corporate Branch on April 1, 2025, after nearly 23 years as an independent TWFG Branch. This move allows Denise to take on the role of Vice President of Retail Operations at TWFG, where her industry and technological process expertise will bring scale and efficiency to our over 500 locations in 33 states. Paul Mears Insurance Group, Inc. joined TWFG on May 1, 2025. The agency has 16 employees in three locations in Valdese, North Wilkesboro, and Morgantown, North Carolina, expanding the number of TWFG Insurance locations in the state to nine. The agency has been serving customers since 1989. Paul Mears, Kelly Bowers-Messenheimer and Adam Mears will continue to lead the agency and focus on growth. About TWFG TWFG (NASDAQ: TWFG) is a leading independent distribution platform for personal and commercial insurance in the United States, representing hundreds of insurance carriers. The Company provides innovative insurance solutions through its network of agents, carriers, and technology-driven distribution models. For more information, visit www.twfg.com. For more information, please contact: Investor Contact:Gene PadgettTWFG, Inc. - Chief Accounting OfficerEmail: gene.padgett@twfg.com PR Contact:Alex BunchTWFG, Inc. – Chief Marketing OfficerE-mail: alex@twfg.com

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