Lehi, Utah, September 29, 2022 /PRNewswire/ — PCF Insurance Services (PCF), a top 20 U.S. insurance brokerage firm, is a professional employer organization specializing in employee benefits, payroll management, HR compliance and consulting, and workers insurance. Acquired 1 Source Business Solutions, a (PEO). Compensation management for companies of all sizes.

“1 Source is an award-winning, high-growth employer organization that helps companies manage complex employee-related issues. Peter C. Foy, Chairman, Founder and CEO of PCF Insurance. The Company’s Services His portfolio further enhances what is available to clients through the PCF insurance agency network and provides opportunities for cooperation for partners. ”

PCF Insurance’s agency partners have access to an ever-expanding network of industry-leading talent, skills, and resources to deliver value to their clients. 1 Source Business Solutions provides highly complementary lines of business to his PCF insurance partner agencies, primarily benefits intermediaries, to deepen existing client relationships.

“Partnering with PCF was the easiest decision I have made in my 12 years in business. Being an agency partner has given me immediate benefits and made a positive difference in the lives of our employees.” Robert Beck, a principal of 1 Source Business Solutions. “PCF Insurance shares the same values ​​and goals as us, allowing us to grow and build much faster than we could have done on our own.”

Terms of the deal were not disclosed.

1 About Source Business Solutions
Head office location Salt Lake City, Utah1 Source Business Solutions is a professional employer organization (PEO) with more than 40 years of combined experience and operations in 15 states.Award Ltd. magazine’s Listed on the 5000 fastest growing companies from 2016 to 2021, the company specializes in employee benefits, payroll management, HR compliance and consulting, and workers compensation management for companies of all sizes. increase.Click here for details 1sourcebusiness.com.

About PCF Insurance Service
Top 20 US brokers headquartered in lehi, Utah, PCF Insurance Services is a full-service consultancy and insurance brokerage firm that offers a wide range of commercial, life, health, employee benefits, and workers’ compensation solutions. driven by the people PCF The insurer’s agency-centric operating model and entrepreneurial environment underpin the company’s phenomenal growth profile, with more than 3,100 employees across the United States providing equity ownership, significant leadership incentives, and resources to partner with. of business insurance 2022 Top 100 Brokers and #13 insurance journal 2022 Top P&C Insurance Agency, PCF Insurance is a prominent leader in the insurance industry.Click here for details pcfins.com.

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