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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 acquired two insurance agencies, one in Texas and one in North Carolina. 2. Denise Davis was appointed as Vice President of Retail Operations. 3. The acquisitions increase TWFG's regional presence and operational efficiency. 4. The company now has over 500 locations across 33 states. 5. This growth strategy may enhance TWFG's market competitiveness.

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FAQ

Why Bullish?

The acquisitions and leadership hire indicate strong growth potential. Past expansions have historically led to increased stock performance.

How important is it?

The article focuses on strategic expansions which directly correlate with TWFG’s growth strategy.

Why Long Term?

These developments will likely yield results over an extended period as TWFG integrates new agencies and scales operations.

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AIZCNO
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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