AssuredPartners Acquires InSight Aviation Insurance

Acquisition of Virginia-based agency initiates AssuredPartners’ focus on the aviation industry

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AssuredPartners

Jay has an impressive knowledge of the aviation industry and has created a leading aviation risk management and insurance servicing model

LAKE MARY, Fla. (PRWEB) January 08, 2014

AssuredPartners Inc., through its Dawson Companies platform, has completed the acquisition of InSight Aviation Insurance. The agency specializes in property and casualty insurance and risk management services for aviators and aviation businesses, from individual aircraft owners to multinational aerospace concerns. The InSight Aviation Insurance deal marks the 20th acquisition for AssuredPartners in 2013.

Jay Wadsworth, Principal of InSight Aviation Insurance, will join Dawson Companies as President of Dawson Aviation and Senior Vice President of AssuredAerospace, and will continue to work closely with aviation clients throughout the eastern United States. Dawson Companies provides comprehensive insurance products for businesses and individuals, employee benefits, and claims and surety bonding services.

“My goal is to deliver superior value to clients through a cost-effective and responsive risk management approach,” said Wadsworth. “As part of Dawson Companies and AssuredAerospace, we can now offer aerospace clients access to the entire portfolio of Dawson Companies products and services. The expanded insurance offerings will provide our clients with a complete solution to the entirety of their business and personal risk management needs.”

“Jay has an impressive knowledge of the aviation industry and has created a leading aviation risk management and insurance servicing model,” said Mike Sherman, President of the Dawson Companies. “His expertise is a great asset for the Dawson Companies team, and we welcome him to the AssuredPartners family.”

InSight Aviation Insurance is located in Richmond, Va. For more information, please visit: http://insight-av.com.    

ABOUT ASSUREDPARTNERS, INC
Headquartered in Lake Mary, Florida and led by Jim Henderson and Tom Riley, AssuredPartners Inc., a portfolio company of Chicago-based private equity firm GTCR, acquires and invests in insurance brokerage businesses (property and casualty, employee benefits, surety, MGA/wholesalers) across the United States and in London. From its founding in March of 2011, AssuredPartners has grown to approximately $290 million in annualized revenue and continues to be one of the fastest growing insurance brokerage firms in the United States with more than 80 offices in 24 states and a London office. Since 2011, AssuredPartners has acquired more than 50 insurance firms. For more information, please contact Dean Curtis, CFO, at 407.708.0031 or dcurtis(at)assuredptr(dot)com, or visit http://www.assuredptr.com.


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