AssuredPartners Names Tom Riley as Next Chief Executive Officer

AssuredPartners today announced that its Board of Directors has appointed Thomas E. Riley as Chief Executive Officer. Jim Henderson, the current CEO, will assume the role of Executive Chairman. The transition will be effective January 1, 2021, at which time, Mr. Henderson, Mr. Riley and the Board of Directors expect to announce certain changes and… Continue reading AssuredPartners Names Tom Riley as Next Chief Executive Officer

AssuredPartners Buys People’s United Insurance Agency

insurance acquisition

People’s United Bank, N.A. a subsidiary of People’s United Financial, Inc. today announced that it has entered into a definitive agreement to sell People’s United Insurance Agency (PUIA) to AssuredPartners. The transaction is expected to close in the fourth quarter of 2020, subject to customary closing conditions. PUIA is a full-service insurance brokerage and one… Continue reading AssuredPartners Buys People’s United Insurance Agency

AssuredPartners Announces Acquisition of Mainstreet Financial Services, Inc.

insurance acquisition

AssuredPartners, Inc. is pleased to announce the acquisition of Seattle, WA based Mainstreet Financial Services, Inc. The dedicated team of 11 professional liability experts currently report reports $2 million in annualized revenues. Duane Crone of Mainstreet Financial stated, “Mainstreet is the country’s premier provider of professional liability insurance for solo attorneys and small private practice… Continue reading AssuredPartners Announces Acquisition of Mainstreet Financial Services, Inc.

AssuredPartners Acquires Rand-Tec Insurance Agency, Inc.

2023 insurance M&As lowest in a decade

AssuredPartners, Inc. is proud to announce Rand-Tec Insurance Agency of Vernon Hills, IL has joined its organization. The staff of 24 will remain under the operational leadership of Todd Silver. The agency currently reports $8 million in annualized revenues. Todd Silver, President of Rand-Tec stated, “For over 30 years, Rand-Tec Insurance Agency has worked to… Continue reading AssuredPartners Acquires Rand-Tec Insurance Agency, Inc.

AssuredPartners Acquires Nevada West Business Insurance Agency, Inc.

MGAs insurance companies

AssuredPartners, Inc. is pleased to announce the acquisition of Nevada West Business Insurance Agency, Inc. located in Las Vegas, NV. The team of 5 will remain under the operational leadership of Jeff Maren, in addition, the agency currently reports $1 million in annualized revenues. “At Nevada West, we excel at providing commercial insurance solutions to… Continue reading AssuredPartners Acquires Nevada West Business Insurance Agency, Inc.