Eagle American Insurance Acquires Commonwealth Insurance of the Bay Area

January 28, 2015

Eagle American Insurance (EAI) celebrated the New Year with the acquisition of Commonwealth Insurance of the Bay Area, Inc., a personal lines agency. Commonwealth was was established in 2002 by Jason Butts, as a family owned business of experience insurance professional serving Hillsborough and Pinellas County. “We are excited to have Jason and their team join Eagle—they will continue to serve their customers under the Commonwealth banner, “said Wes Scovanner CEO of Eagle American Insurance. Commonwealth has been providing quality, low cost protection for thousands of individuals, families and businesses throughout the state of Florida. Commonwealth agents work directly with the client community to identify specific insurance needs and then match the appropriate insurance solutions to the client need. At the heart of their effort is finding the optimum match of both protection and value.

As part of Eagle American Insurance (EA) Commonwealth is positioned to broaden its carrier portfolio to not only meet, but exceed the needs of their clients. With the resources of EAI they will continue to provide exceptional value with their abundant access to insurance markets. EAI represents a carefully selected top rated group of carriers who offer world class protection for their clients. The Commonwealth brand will remain in tact as they continue to serve their clients with the same name, personal attention, staff and level of service. With that in mind, Commonwealth will have the backing of many national shared resources from EAI and its parent organizations Insurance Office of America (IOA) and Dowling Capital Partners (DCP).

About IOA, Eagle American and Dowling Capital Partners
In September of 2012, Insurance Office of America (IOA) partnered with Dowling Capital Partners (DCP) to take Eagle American Insurance (EAI) to the next level. IOA is the 27th largest insurance agency and 11th largest privately-held broker in the U.S. DCP is an equity firm with over one hundred years of senior level insurance experience. EAI is an organization that serves as an opportunity and strategy of succession for predominately personal lines-focused insurance agencies and books of business. The resource of IOA’s managerial infrastructure, agency network and DCP’s resources positions Commonwealth and its employees for continued growth and success.

Click Here  to learn more about EAI, IOA and DCP. We encourage you to contact Commonwealth with any questions at 877-418-9853 or by email at jbutts@commonwealthins.com.

Office Location:

3895 Tampa Road, Oldsmar, FL 34677