Mile Auto buys The Insurance House, forming near-$100M Southeast auto platform
What's the deal? Atlanta-based Mile Auto has acquired The Insurance HouseDealroom has a profile for this one. Try Dealroom →, effective July 1, 2026, combining an AI-driven managing general agent (MGA) with a six-decade-old Southeast insurance business. The combined company holds nearly $100 million in annual premium, serving more than 55,000 policyholders and 1,600 independent agencies across 10 states. Both brands will continue operating separately.
Who's who? Founded in 2017, Mile Auto pioneered privacy-focused, pay-per-mile auto insurance using patented computer vision and artificial intelligence that skip telematics devices and smartphone GPS tracking. It is the exclusive US provider of PorscheDealroom has a profile for this one. Try Dealroom → Auto Insurance. Insurance House, founded in 1964, brings underwriting expertise and long-standing agency relationships across the Southeast.
What's the endgame? The deal pairs Mile Auto's technology and distribution with Insurance House's market experience to expand product choice, underwriting capacity, and reach. "This acquisition amplifies each company's core strengths," said Fred BlumerDealroom has a profile for this one. Try Dealroom →, chief executive officer of Mile Auto.
What changes for customers? Policyholders and agents keep working with the same companies and people, the firms said. Insurance House's carrier partner, Southern General Insurance Company, stays on as an independent fronting carrier, while Mile Auto continues working with Cimarron Insurance Company across its 10-state portfolio.
For Insurance House chief executive officer Jill JinksDealroom has a profile for this one. Try Dealroom →, the combination pairs the firm's heritage with Mile Auto's innovation. "Joining Mile Auto marks the beginning of an exciting new chapter for Insurance House," she said.
The signal: The tie-up shows technology-first insurers acquiring established agency networks to buy distribution and underwriting depth, rather than building both from scratch — a route to scale in a fragmented regional auto market.
Read more: Business Wire
