Protector Holdings buys Oasis South Insurance Service

Protector Holdings has acquired Oasis South Insurance Services. Financial terms weren’t announced. Protector is a joint venture of Edgewood Partners Insurance Center and Dowling Capital Partners. San Diego-based Oasis South provides insurance services to Hispanic consumers, writing auto, motorcycle, RV, boat, homeowners and renters insurance coverage.

PRESS RELEASE

SAN FRANCISCO, March 31, 2015 /PRNewswire/ — Protector Holdings, a joint venture of EPIC (Edgewood Partners Insurance Center) and Dowling Capital Partners, announced today the acquisition of Oasis South Insurance Services.
With 8 locations across California’s San Diego County, Oasis South specializes in providing insurance services to Hispanic consumers, writing auto, motorcycle, RV, boat, homeowners and renters insurance coverage.
“With the addition of Oasis South to our Premier Insurance Services brand portfolio, we now have more than 30 Premier locations across California and the West,” said Protector Holdings CEO Paul Areida.
Premier Insurance Services, acquired by Protector Holdings in 2013, targets the growing Hispanic Community in California, providing a wide range of insurance products and services specifically tailored to the cultural preferences of Latino consumers.
Areida added, “Respectfully and effectively serving the needs of the Hispanic community has enabled Premier to more than triple its customer base since June 2013. The addition of Oasis South and the expansion of our operations in San Diego County is an important step in realizing our vision to become the premier provider of insurance services to the Latino marketplace in California and the West.”
About Protector Holdings and Premier Insurance Services:
Protector Holdings was founded in June 2013 as a partnership between EPIC (Edgewood Partners Insurance Center), a retail property, casualty and employee benefits insurance broker/consultant; insurance-focused private equity firm Dowling Capital Partners (DCP); and Premier Insurance Services.
Premier Insurance Services specializes in providing a range of insurance products and services to the Hispanic market in the Western United States. Since its formation in 2004 with a single office in Bakersfield, Calif., Premier has added locations across the state and is now one of the largest non-standard automobile brokers in California.
For more information, visit: http://protectorholdings.com/.
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