River Point Insurance Acquires Assets of Wolf Point Advisors and Rebrands as The Provant Group
Together these companies bring years of experience, passion and innovative technology to commercial, personal and casualty insurance industry
May 2017, Chicago, IL – The Provant Group, formerly known as River Point Insurance, today announces its asset purchase of Wolf Point Advisors, a deal that will move River Point, Wolf Point, Kaercher and Sundance Insurance to operate under its new title, The Provant Group. The companies with offices in Illinois and Nevada, come together to collaborate their resources and build a stronger offering for the nation’s insurance middle market.
With the collection of industry experts and unmatched product offerings, The Provant Group is expanding its team with best-in-class professionals. “When we first began River Point Insurance, we set out to deliver an extraordinary experience to our clients and our team, attract top tier talent, and shape the industry.” said Vince DiBenedetto, CEO of The Provant Group. “This deal allows us to accelerate our vision for the business by adding great people who are incredibly talented and passionate about our clients. We also know it is important to create a brand that not only represents who we are and where we want to go as a group, but is recognized as a leader in the industry. With so many names in the marketplace, we feel operating as The Provant Group will not only strengthen our industry presence, but transcend insurance to be a respected name in our communities for years to come.”
While all teams will officially join The Provant Group, Kaercher & Sundance Insurance will continue to operate under their respective names as a Provant Group Company. “Kaercher and Sundance are synonymous with insurance in Nevada. However, we recognize the importance of having one brand in the marketplace as we continue to grow and expand both our team and capabilities on a national level. While we will gradually transition our names to The Provant Group, we could not be more excited about the overall direction of our company and the opportunity this represents for all of us.” Jimmy Porrello, Chief Operating Officer of The Provant Group.
“With our shared values, goals, and culture, we could not have found a better group of people for our team and clients to be a part of. Becoming a part of The Provant Group will allow us to direct all of our focus to the value we bring to our customers. We’ve expanded our resources and we are well positioned for new opportunities that will allow us to deliver incredible service to our clients, continue to grow, and consistently elevate our market share in the industry. ” said Geno Mattioda, former CEO of Wolf Point Advisors and now Partner, Executive Vice President of The Provant Group.
About The Provant Group
The Provant Group is a premier insurance brokerage that provides all lines of property and casualty insurance, risk management, employee benefits, and financial products and services to corporations, institutions, and individuals throughout the world. Our focus is to ensure that our clients are represented by the most experienced and knowledgeable professionals, have access to the most sophisticated and innovative solutions, and receive unparalleled service in the insurance industry. All of our resources, solutions, and services create real value to improve our clients’ bottom line.