Business
Trucept Acquires Insurance Agency for Current Client Base and other Market Segments
Trucept Acquires Insurance Agency for Current Client Base and other Market Segments.
About this update from Afinida, Inc.
[{"type":"text","content":"\n\n\n\nTrucept Acquires Insurance Agency for Current Client Base and other Market Segments\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n\n\n\n\n\n\nTrucept Acquires Insurance Agency for Current Client Base and other Market Segments\nPR Newswire\nSAN DIEGO, Feb. 24, 2020\n\n\n\nSAN DIEGO, Feb. 24, 2020 /PRNewswire/ -- Trucept Inc. (OTC Pink: TREP) announced today that it now offers insurance services to a broader set of market segments through its acquisition of UWS Insurance Corp.   \nUWS is an insurance agency currently licensed in 25 states with plans to become licensed in all 50. Through UWS-licensed brokers, Trucept is projecting approximately $500,000 in additional revenue from the acquisition. \nThe acquisition is a strategic match and UWS is a natural fit for the company's client base as Trucept plans to market the insurance services nationally.\n\"UWS has a proven track record of providing outstanding insurance solutions and we are pleased to add their expertise and experience to our growing package of services including accounting, human resources, and branding and marketing,\" Tipton said.\nThe UWS brand will continue to operate as a subsidiary of Trucept Inc. Trucept is headquartered in San Diego, California, and delivers a host of customized business services to clients around the country.\nAbout Trucept Inc.\nTrue solutions, today and tomorrow: Trucept Inc. helps organizations focus on growing their business. With a dedicated suite of tools and services designed exclusively for the PEO model, the company understands and provides services in the fields of accounting, human resources, compliance, and branding and marketing. For more information, call 858-798-1620 or visit http://truceptservices.com/.\nDisclaimer\nStatements in this press release that are not historical facts are forward-looking statements, including statements regarding future revenues and sales projections, plans for future financing, the ability to meet operational milestones, marketing arrangements and plans, and shipments to and regulatory approvals in international markets. Such st...