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TWFG Buys Alabama Insurance Agency, Boosts SE

**TWFG Acquires Trussville’s Alabama Insurance Agency, Bolstering Southeastern Presence**

**TRUSSVILLE, AL (July 1, 2024)** – The Woodlands Financial Group (TWFG), Inc., a leading independent insurance agency headquartered in The Woodlands, Texas, today announced the official acquisition of Alabama Insurance Agency, Inc., a well-established firm based in Trussville, Alabama. The strategic acquisition, which became effective July 1, 2024, significantly enhances TWFG’s footprint and service capabilities across the rapidly growing Southeastern United States.

Founded in 1993 by David and Mary Kay O’Dell, Alabama Insurance Agency, Inc. has been a cornerstone of the Trussville community for over three decades, providing comprehensive insurance solutions to local residents and businesses. A key aspect of the acquisition is the continuity of leadership, with both David and Mary Kay O’Dell continuing in their roles, ensuring a seamless transition and maintaining the personalized service their clients have come to expect.

Richard “Gordy” Bunch, President, Chairman, and CEO of TWFG, highlighted the strategic importance of the acquisition. “Integrating a reputable and well-established agency like Alabama Insurance Agency perfectly aligns with our ongoing growth objectives, particularly in the dynamic Southeastern market,” Bunch stated. “David and Mary Kay have built an incredible legacy of trust and service, and we are thrilled to welcome them and their dedicated team into the TWFG family. This partnership will allow us to offer an even broader array of products and resources to their existing clientele, while also expanding our reach within Alabama.”

For clients of Alabama Insurance Agency, the acquisition means continued access to their trusted local agents, now backed by the extensive resources and technological advancements of a national powerhouse. TWFG, known for its independent agency model, offers a diverse portfolio of personal lines (home, auto, life, health) and commercial insurance products from a wide range of carriers, providing clients with competitive options and tailored coverage.

“Joining TWFG is an exciting new chapter for us and, most importantly, for our clients,” said David O’Dell. “We’ve always been committed to serving our community with integrity and expertise. With TWFG’s robust support system, advanced technology, and expansive network of carriers, we can now offer even more value, choice, and convenience, all while continuing to provide the same local care our clients rely on.”

Headquartered in The Woodlands, Texas, TWFG boasts an impressive network, managing over 300 retail offices spanning 22 states and employing more than 3,000 individual agents operating across 49 states. This acquisition underscores TWFG’s aggressive growth strategy, focusing on expanding its independent agency model through strategic partnerships and acquisitions in key regional markets.

The addition of Alabama Insurance Agency further solidifies TWFG’s position as a national leader in the insurance industry, promising enhanced services and expanded opportunities for clients and agents alike in the Southeast.

For more information about TWFG, visit their official website at https://www.twfg.com.

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