The Insurance Back Office acquisition supports our strategy of expanding the AssuredPartners presence in existing markets
Lake Mary, FL (PRWEB) January 31, 2014
AssuredPartners Inc., through its subsidiary Schifman Remley Associates, has acquired Insurance Back Office, Inc. The agency specializes in insurance for individuals, including auto, homeowners’, flood and renters’; business insurance, including commercial auto policies and workers’ compensation; and bond services.
“Since our inception, our goal has been to provide clients with the best insurance products and counseling available,” said Ken Farrar, President of the Insurance Back Office, Inc. Lawrence, Kan. location. “By joining Schifman Remley Associates and AssuredPartners, we can now offer our clients a deeper portfolio of insurance products and services.”
“The Insurance Back Office acquisition supports our strategy of expanding the AssuredPartners presence in existing markets,” said Tom Riley, President and COO of AssuredPartners, Inc. “Insurance Back Office has a talented and knowledgeable team that will be a great asset to Schifman Remley Associates. We welcome them to the AssuredPartners family.”
Insurance Back Office operations are based in Overland Park and Lawrence, Kan., and will continue under the local leadership of Ken Farrar. For more information, please visit: http://www.insurancebackoffice.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 $310 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.