Jencap Acquires Concorde General Agency

NEW YORK, Sept. 8, 2026 /CourierPR/ -- Jencap Group LLC, one of the largest wholesalers in the United States, has expanded its reach through the acquisition of Concorde General Agency, a regional wholesaler specializing in personal lines, commercial lines, and farm and ranch insurance. Concorde will continue to operate under its established brand as part of Jencap Insurance Services Inc (JCIS) division.

Bob Hanna, President and CEO of Concorde General Agency, stated, "We were very deliberate in finding a partner whose values and vision aligned with Concorde's. Jencap shares our commitment to building strong relationships, creating win-win outcomes, and growing the business by helping our agency partners succeed. Joining Jencap gives our team access to additional products, markets, and expertise, while also expanding the geographic reach of what Concorde can offer. We believe that combination creates tremendous opportunities for our employees, our carrier partners, and, most importantly, the independent agents we serve."

Mark Maher, President of Jencap, noted, "Concorde General Agency is an outstanding strategic addition to Jencap. This acquisition strengthens our geographic presence in the upper Midwest and expands the specialty products and expertise we can deliver to our agency partners. Concorde's reputation, relationships, and entrepreneurial culture make them an exceptional fit for Jencap, and we're excited to accelerate growth together."

Concorde is a leading specialty insurance intermediary based in North Dakota, connecting independent agents with innovative property and casualty insurance solutions. Through its expertise in personal lines, commercial insurance, and farm & ranch coverages, Concorde provides agents with broad market access, underwriting support, and responsive service, helping them meet the evolving needs of their clients throughout the Upper Midwest and beyond.

Prior to this acquisition, Concorde operated independently as a regional wholesaler with a strong market presence and established relationships. The company's acquisition by Jencap will enable it to leverage Jencap's national reach and resources, expanding its capabilities and geographic footprint.

Jencap Group, headquartered in New York, is known for its industry-leading expertise in wholesale brokerage, binding authority, and program management. Its specialized divisions and affiliate organizations provide niche underwriting prowess, broad market access, and nationwide influence, serving more than 20,000 independent agency partners.

The acquisition of Concorde General Agency marks a significant step in Jencap's strategic expansion, aiming to enhance its market position in the upper Midwest and offer a broader range of insurance products and services to its network of agency partners. The combined entities aim to create a more robust and comprehensive offering, better serving the needs of the independent agents and their clients.

With this acquisition, Jencap further solidifies its position as a leading wholesaler in the U.S. insurance industry, leveraging Concorde's regional expertise and Jencap's national reach to drive growth and innovation in the sector.