AssuredPartners Acquires First Palmetto Insurance Agency

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South Carolina-based agency offers insurance coverage for individuals and businesses

AssuredPartners

“We are excited about the added value and broad inventory of carriers that AssuredPartners now allows us to offer our existing and future policy holders." said Will Hanna, Managing Director of First Palmetto Insurance Agency.

AssuredPartners Inc., through its subsidiary Assured Neace Lukens, has acquired First Palmetto Insurance Agency. The agency specializes in personal lines insurance, including coverage for homeowners’, and auto insurance; and coverage for businesses, including general liability, commercial property, and product liability insurance.

As part of the acquisition, eight employees will join AssuredPartners. First Palmetto Insurance Agency operations will continue in the Murrells Inlet and Pawleys Island offices, under the local leadership of Will Hanna, managing director.

“For 10 years, First Palmetto Insurance Agency has worked closely with our clients to arrange the best coverage to meet their needs,” said Will Hanna. “We are excited about the added value and broad inventory of carriers that AssuredPartners now allows us to offer our existing and future policy holders."

“The partnership of First Palmetto Insurance Agency and AssuredPartners is such a great fit as the capabilities and strong client relationships compliment the overall focus,” said Louis Berman, Regional Vice President of AssuredPartners, Inc.

“The First Palmetto Insurance Agency acquisition strengthens the growing AssuredPartners presence in South Carolina,” said Tom Riley, President and COO of AssuredPartners, Inc. “We welcome First Palmetto Insurance Agency employees and clients to the AssuredPartners team.”

For more information about First Palmetto Insurance Agency, please visit: http://www.firstpalmettoinsurance.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 $400 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 27 states and a London office. Since 2011, AssuredPartners has acquired more than 75 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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