This agreement supports our goal of expanding the AssuredPartners footprint in existing markets.
Fort Lauderdale, FL (PRWEB) March 24, 2014
Alliance Marine Risk Managers, a division of Assured SKCG, Inc., through its parent company AssuredPartners, Inc., recently hired Spencer Lloyd and his service team, formerly with Crystal & Company. Spencer Lloyd specializes in yacht insurance coverage, and brings a book of business with approximately $1 million in revenues to Alliance Marine Risk Managers.
Under terms of the agreement, Alliance Marine Risk Managers will handle the servicing and insurance placements for the clients. Spencer and his team of Arlene Weicher, Janice D'Ovidio and Kate Murphy will move into the existing Alliance Marine Risk Managers Fort Lauderdale office this summer.
“Spencer’s yacht insurance clients will continue to receive the same level of service from the skilled team they know and trust,” said Fred Silberman, President of Alliance Marine Risk Managers. “We anticipate a seamless transition, and welcome Spencer’s clients to the Alliance Marine Risk Managers and AssuredPartners family.”
“Maintaining a competitive edge and keeping the rich tradition of Corinthian yachting has motivated me to join forces with Alliance Marine Risk Managers,” said Lloyd. “Our combined leadership and skill sets offer our clients a level of service and expertise never before attainable in the yachting community.”
“This agreement supports our goal of expanding the AssuredPartners footprint in existing markets. As part of Alliance Marine Risk Managers, Spencer and his team will have accesses to a depth of resources and support tools that will benefit the clients,” said Tom Riley, President and COO of AssuredPartners, Inc. “We welcome Spencer and his staff to the AssuredPartners team.”
Alliance Marine Risk Managers became an AssuredPartners company in December 2013. The agency specializes in comprehensive insurance coverage for yachts, and has locations in Westbury, NY and Fort Lauderdale, Fla.
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 $325 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 25 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.