NEW YORK, Sept. 8, 2026
Executive Summary
Jencap Group LLC has acquired Concorde General Agency, adding the North Dakota-based insurance intermediary to its Jencap Insurance Services Inc. division. Concorde will retain its established brand while gaining access to Jencap’s broader products, markets, expertise and national reach. The transaction expands Jencap’s presence across the Upper Midwest and strengthens its specialty insurance capabilities for independent agents.
Announcement Overview
Jencap Group LLC (Jencap) has expanded its U.S. wholesale insurance platform through the acquisition of Concorde General Agency, a regional wholesaler serving personal lines, commercial lines, and farm and ranch insurance. Concorde will continue operating under its existing name within Jencap Insurance Services Inc. (JCIS). The combination brings together Concorde’s regional market knowledge and relationships with Jencap’s broader resources, specialty capabilities and nationwide reach, creating expanded opportunities for employees, carrier partners and independent agents.
Key Announcement Details
- Announcement Type: Acquisition
- Announcing Entity: Jencap Group LLC
- Acquired Company: Concorde General Agency
- Announcement Date: Sept. 8, 2026
- Dateline: NEW YORK
- Business Area: Wholesale Insurance
- Insurance Segments: Personal Lines, Commercial Lines, Farm & Ranch
- Acquirer Division: Jencap Insurance Services Inc. (JCIS)
- Acquisition Status: Concorde Retains Its Brand
- Geographic Focus: Upper Midwest
- Concorde Headquarters: North Dakota
- Jencap Headquarters: New York
- Jencap Agency Partners: 20,000+
- Concorde Website: www.cgains.com
- Jencap Website: www.jencapgroup.com
Jencap Acquires Concorde General Agency
Jencap Group LLC, described in the announcement as one of the largest wholesalers in the U.S., has acquired Concorde General Agency, a regional wholesale insurance business specializing in several property and casualty segments.
The transaction brings Concorde into the Jencap Insurance Services Inc. (JCIS) division while maintaining the Concorde brand.
Under the new ownership structure:
- Concorde will continue operating under its established brand.
- Its regional expertise and market relationships will become part of Jencap’s broader platform.
- Concorde will gain access to additional products, markets and industry expertise.
- Its capabilities will be supported by Jencap’s expanded resources and national reach.
- The combination strengthens Jencap’s presence in the Upper Midwest.
Concorde’s core areas include:
- Personal lines
- Commercial lines
- Farm and ranch insurance
Concorde to Maintain Its Regional Identity
Concorde’s continued operation under its existing brand preserves the company’s established identity and regional relationships while connecting it with Jencap’s wider resources.
The company serves independent agents by providing access to insurance markets and underwriting support across the Upper Midwest and beyond. Its regional knowledge is expected to complement Jencap’s broader wholesale insurance platform.
Concorde Leadership Commentary
Bob Hanna, President and CEO of Concorde General Agency, said:
“We were very deliberate in finding a partner whose values and vision aligned with Concorde’s,”
Hanna added:
“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.”
Jencap’s Upper Midwest Expansion
The acquisition adds to Jencap’s geographic footprint while broadening the specialty products and expertise available to its agency partners.
Mark Maher, President of Jencap, said:
“Concorde General Agency is an outstanding strategic addition to Jencap,”
Maher added:
“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.”
The transaction therefore combines two complementary strengths:
- Concorde’s regional expertise and established relationships
- Jencap’s broader market access and national platform
- Expanded specialty insurance capabilities
- Additional resources and expertise for agency partners
- Greater geographic reach across the Upper Midwest and beyond
About Concorde General Agency
Concorde General Agency is a North Dakota-based specialty insurance intermediary connecting independent agents with property and casualty insurance solutions.
Its capabilities span:
- Personal lines
- Commercial insurance
- Farm & ranch coverages
- Broad market access
- Underwriting support
- Responsive service
Concorde works with independent agents throughout the Upper Midwest and beyond, helping them address changing client insurance requirements through access to markets and specialized support.
For more information, visit www.cgains.com.
About Jencap Group
Jencap Group is described by the company as one of the largest wholesalers in the U.S., with expertise spanning wholesale brokerage, binding authority and program management.
Its specialized divisions and affiliate organizations provide:
- Niche underwriting expertise
- Broad market access
- Nationwide reach
- Wholesale brokerage capabilities
- Binding authority
- Program management
Headquartered in New York, Jencap combines these capabilities to serve more than 20,000 independent agency partners.
For more information, visit JencapGroup.com.
Media Contact
For additional information, visit jencapgroup.com.
Source Attribution
Source: Company announcement
