AssuredPartners makes first acquisition of 2023 with Lakeside dealGTCR-backed AssuredPartners has acquired Lakeside Insurance Agency, which is located in Clinton Township, Michigan, and offers personal and business insurance.
AssuredPartners sued by senior living client alleging “incompetence” over firingsAssuredPartners (AP) is being sued in an Oregon court by a former senior living client, which has accused the Florida-based retailer of acting negligently after firing a quartet of brokers handling its account and replacing them with a team the client referred to in a court filing as “incompetent”.
Oregon judge rules in favour of CAC Specialty over AP senior living hiresAn Oregon judge has rejected claims of trade secret misappropriation and the violation of non-solicitation agreements between a team of former senior living brokers who left AssuredPartners to join CAC Specialty last year.
AssuredPartners buys brewery and winery specialist BespokeAssuredPartners has announced a deal for Arizona-based Bespoke Insurance Solutions, its 34th acquisition of 2022.
Acquisitive AssuredPartners completes Alpine dealFast-growing broker AssuredPartners has completed its 31st acquisition of 2022 after finalising a deal for Reno, Nevada-based Alpine Insurance Associates.
AssuredPartners’ new $500mn loan assigned B2 rating by Moody’sAssuredPartners’ new $500mn senior secured term loan, which the expansive broker will use to support the continued build-out of its now more than $2bn-revenue business, has been assigned a B2 rating by Moody’s.
AssuredPartners makes 20th acquisition of year with Bell-Scott dealAssuredPartners has acquired Waxahachie, Texas-based Bell-Scott Insurance Group, its 20th acquisition in 2022.
AssuredPartners acquires 57-employee agency AVIDAssuredPartners has made its 12th acquisition of 2022 with a deal for AVID Risk Solutions of Madison, Wisconsin.
AssuredPartners buys The Shepherd Agency in 11th ’22 acquisitionAssuredPartners this month completed its 11th acquisition of the year with a deal to buy The Shepherd Agency of Fort Washington, Pennsylvania.
Judge: Evidence does not support AssuredPartners’ allegations in CAC disputeAn Oregon judge has said AssuredPartners’ (AP) attempt to seek a temporary restraining order (TRO) and injunction against a group of senior living brokers recently hired by CAC Specialty is without merit and that a review of the case’s evidence “does not support AP’s allegations”.
AssuredPartners makes 7th acquisition of year with Ohio buyAssuredPartners has announced a deal for Hilliard, Ohio-based Baker & Associates Insurance Agency, which marks its seventh acquisition of 2022 so far.
Oregon judge denies TRO in AP-CAC Specialty senior living execs disputeSenior living broking executives fired by AssuredPartners (AP) and who have recently agreed to join upstart retailer CAC Specialty have defeated a request by their former employer seeking a temporary restraining order that would block them from starting their new roles.
AssuredPartners acquires Missouri-based AlscottAssuredPartners has acquired Lee’s Summit, Missouri-based bonding and construction insurance specialist Alscott.
AssuredPartners hires Chubb’s Hammond as CFOAssuredPartners has appointed Mark Hammond as chief financial officer, with the executive most recently serving as deputy CFO at Chubb.
AssuredPartners buys $37mn-revenue agency Fred C ChurchUS retail broker AssuredPartners has announced it acquired Massachusetts-based Fred C Church in December, its 10th deal that month and 53rd overall in 2021.
AssuredPartners promotes Guercio to COO of retailAssuredPartners has promoted Joe Guercio to the position of chief operating officer for retail.
AssuredPartners buys $20mn-revenue agency ARSAssuredPartners has acquired Cincinnati, Ohio-based broker American Risk Services (ARS), its second acquisition in December and 45th acquisition in 2021.
AssuredPartners builds out further in UK with PSP acquisitionAssuredPartners has acquired PSP Group, a broker with offices across the south-west UK, a team of 80 and $6.5mn in annualised revenue.
AssuredPartners buys 41-employee agency The Vanner GroupAssuredPartners has acquired Amherst, New York-based The Vanner Group and Vanner Benefits LLC.
WTW hires back AssuredPartners Krasner as CFOWillis Towers Watson has named Andrew Krasner as its new CFO to replace Mike Burwell, with the executive returning to the firm from AssuredPartners after only six months in a move analysts have suggested will be well received by investors and could signal an active M&A strategy.