LAKE MARY, Fla. (PRWEB) February 12, 2015
AssuredPartners Inc., one of the fastest growing independent insurance agencies in the nation, announces today the successful addition of MCM, a Seattle, Washington-based firm, into the AssuredPartners family. MCM specializes in employee benefits, property & casualty, executive benefits, wealth transfer and retirement services.
The agency will continue to operate under the MCM name and the local leadership of Chairman and CEO John Meisenbach and President of Property & Casualty Don Bacic, Jim Hartz and Kathy Graffis in Employee Benefits, and Lorrie Baldevia and Rich Hultquist in insurance advisory, executive benefits and retirement services.
“For over 50 years, our vision and business plan has consistently been to offer best- in-class service to our clients as well as to provide our employees with an opportunity to advance and build a career,” said Meisenbach. “As part of the team at AssuredPartners, we look forward to continuing this legacy for many years to come.”
MCM’s decision to consolidate with AssuredPartners was made primarily based on the reach, opportunities and stability it provides the organization. “AssuredPartners has a formal national platform that allows for a stronger entry into national and international markets for our growing and diverse client base. In addition, it answers the succession issue for our clients and employees,” added Meisenbach.
AssuredPartners President and COO Tom Riley added, “The AssuredPartners growth strategy centers on identifying and partnering with local and regional firms that fit with our common objectives. As our Pacific NW platform agency, MCM has an excellent reputation, culture and market footprint that makes it a great match for AssuredPartners. We welcome MCM employees and clients into the AssuredPartners family.”
For more information about MCM please visit: http://www.mcmnw.com/.
ABOUT ASSUREDPARTNERS INC.
Headquartered in Lake Mary, Florida and led by Jim Henderson and Tom Riley, AssuredPartners Inc. is a portfolio company of Chicago-based private equity firm GTCR. AssuredPartners acquires and invests in insurance brokerage businesses (property and casualty, employee benefits, surety and MGA/wholesalers) across the United States and in London. From its founding in March of 2011, AssuredPartners has grown to approximately $460 million in annualized revenue and continues to be one of the fastest growing insurance brokerage firms in the United States* with over 100 offices in 27 states and two London offices. Since 2011, AssuredPartners has acquired more than 80 insurance agencies. For more information, please contact Dean Curtis, CFO, at 407.708.0031 or dcurtis(at)assuredptr(dot)com, or visit http://www.assuredptr.com.
*As ranked by Business Insurance magazine in the July 21, 2014 edition, featuring the “100 largest brokers of U.S. business.”