AssuredPartners was formed in 2011 in partnership between GTCR, Jim Henderson and Tom Riley to execute a disciplined consolidation strategy within the middle-market retail insurance brokerage industry.
Through eleven regional platform companies and more than forty tuck-in acquisitions AssuredPartners provides a valuable, integrated insurance solutions offering to its clients and investors.
-13th largest retail insurance broker in the United States
-Offices located in 30 states and 2 countries (USA and Great Britain)
-200+ products and services
-1,350+ insurance carrier relationships
-Approx. $475 million annualized revenue
AssuredPartners's operating model has resulted in increased revenue growth, profitability, diversity, stability, and enterprise value.
Some Benefits include:
-Increased scale to negotiate more favorable carrier arrangements
-Support back office infrastructure and financial reporting platform
-Advisory services and insight to local management and producers
-Leveraging of best practices across operating subsidiaries
-Expansion of product capabilities and elimination of excessive or redundant expenses
-Structuring compensation policies to maximize growth
-Access to capital and resources for tuck-in acquisitions and other growth initiatives