AssuredPartners Announces Acquisition of Synergy Professional Associates

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Professional Liability Specialists Join Growing Team in New Jersey

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“The team is fast, knowledgeable and well known in the professional liability space and aligns well with our existing operations in the New Jersey area.” said President and COO Tom Riley.

AssuredPartners, Inc. is delighted to announce the acquisition of Synergy Professional Associates of Fairfield, NJ. Synergy Professional Associates is an established managing general agent and wholesale insurance intermediary devoted to professional liability and program development. The staff of 18 will continue operations under the leadership of Ira Dawer, Michele McCrohan and Maggie Rendeiro. The agency currently reports approximately $4.3 million in revenues.

“Synergy Professional Associates was founded as a boutique gateway for specialized professional liability programs. Our programs allow markets and carriers to reach customers outside of the broad categories and general needs of their typical Insured. The Synergy team has a reputation for finding markets and equipping our brokers with strategic insurance options,” said Ira Dawer. “The Synergy model is proficient and very flexible making us highly effective in providing informative solutions to professional liability risk problems. We feel that this model coupled with AssuredPartners nationwide presence and services will be a boundless partnership that will give Synergy the opportunity to develop other professional liability programs that address specific niches not currently served by standard insurance products.”

“We are pleased to have the clients and employees of Synergy Professional Associates join AssuredPartners,” said AssuredPartners President and COO Tom Riley. “The team is fast, knowledgeable and well known in the professional liability space and aligns well with our existing operations in the New Jersey area.”

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 $890 million in annualized revenue and continues to be one of the fastest growing insurance brokerage firms in the United States* with over 200 offices in 30 states, Canada and London. Since 2011, AssuredPartners has acquired more than 190 insurance agencies. For more information, please contact Dean Curtis, CFO, at 407.708.0031 or dcurtis@assuredptr.com, or visit http://www.assuredpartners.com.

Business Insurance in the July 2017 edition, featuring the “100 largest brokers of U.S. business.”

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Dean Curtis
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