LISI, a leading General Agency (GA) in California announced its acquisition of VIBA/BenefitPort’s GA insurance business. VIBA has been in business for 43 years and has established close broker relationships. By acquiring VIBA, LISI has created an opportunity to gain market share in the brokerage community.
Phil Lebherz, LISI President and CEO, stated, “Through this strategic acquisition, LISI will gain market share and enhance our growth in California. We also recognize the importance of positioning ourselves in new markets to better serve our brokers in their local area.”
LISI’s dedicated team will introduce their exceptional services to the VIBA brokers while maintaining the same level of commitment with our existing brokers. According to Nelson Chaffin, VIBA President and CEO, “brokers will continue to experience superior services, underwriting and product support, as well as access to the same convenient online quoting system.”
About LISI
LISI has been in business since 1977 and is one of California’s largest general agencies with six offices statewide: San Mateo, Sacramento, Fresno, Orange, Los Angeles, and San Diego. LISI is committed to providing steadfast service, support, and leadership in an ever-changing industry.
