AssuredPartners Announces Acquisition of Craft Insurance Center, Inc.

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Expansion in North Carolina for National Broker

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“We are pleased to have the opportunity to continue our expansion in North Carolina, namely in the Triad marketplace,” stated Tom Riley, President and COO of AssuredPartners.

AssuredPartners, Inc. announced that Craft Insurance Center, Inc. of Greensboro, NC has joined the national broker. Craft Insurance provides business, employee benefits and personal insurance services throughout the North Carolina region. The staff of 49 will remain under the leadership of President Stan Park.

“Craft Insurance was formed in 1934 on a foundation of providing clients with professional advice, policy reviews, local service and recommendations that match their changing needs,” said Craft Insurance Chairman David Craft. “In deciding to join AssuredPartners, we were diligent in securing a partner that would be the most appropriate fit for our clients and employees. AssuredPartners will allow us to continue to operate in the manner our clients are accustomed to while having access to additional tools and resources moving forward.” said Daniel Craft CEO of Craft Insurance.

“We are pleased to have the opportunity to continue our expansion in North Carolina, namely in the Triad marketplace,” stated Tom Riley, President and COO of AssuredPartners. “Craft Insurance is a welcomed complement to our existing operations and we would like to welcome the clients and staff of Craft Insurance to AssuredPartners."

For more information about Craft Insurance Center, please visit: http://www.craftinsurance.com.

ABOUT ASSUREDPARTNERS, INC
Headquartered in Lake Mary, Florida and led by Jim Henderson and Tom Riley, AssuredPartners, Inc. acquires and invests in insurance brokerage businesses (property and casualty, employee benefits, surety and MGU’s) across the United States and in London. From its founding in March of 2011, AssuredPartners has grown to over $868 million in annualized revenue and continues to be one of the fastest growing insurance brokerage firms in the United States* with over 190 offices in 30 states, Canada and London. Since 2011, AssuredPartners has acquired more than 170 insurance agencies. For more information, please contact Dean Curtis, CFO, at 407.708.0031 or dcurtis(at)assuredptr(dot)com, or visit http://www.assuredpartners.com.

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*As ranked by Business Insurance in the July 18, 2016 edition, featuring the “100 largest brokers of U.S. business.”

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Dean Curtis
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