Lake Mary, Florida (PRWEB) April 04, 2013
AssuredPartners, Inc. announced today that its subsidiary, AssuredPartners of Florida, LLC, has acquired substantially all of the assets of Alan James Insurance, LLC, a Ft. Lauderdale-based insurance broker specializing in insurance products and services designed for the south-Florida real estate market.
Led by Alan Chesler and James Hartman, Alan James Insurance provides property and casualty insurance solutions to building owners, condomium associations, and homeowners associations throughout south Florida. Mr. Chesler and Mr. Hartman have, collectively, more than seventy years of experience in the insurance industry and, along with their team of highly-regarded professionals, offer superior service and expertise to their growing list of clients. Following the transaction, the Alan James employees and operations will continue to operate from their existing location in Sunrise, Florida.
Tom Riley, President and Chief Operating Officer of AssuredPartners, Inc. commented, “Having spent 14 years of my insurance career in Ft. Lauderdale, I know that success in the south-Florida P&C market requires the highest level of expertise. Alan James Insurance has experienced this success because Alan and Jim are the very best at what they do. Their skill set and product knowledge are second to none and will be a great addition to the AssuedPartners team as we continue to grow throughout the state of Florida and nationally.”
Alan Chesler, Managing Member of Alan James Insurance added, “AssuredPartners presents a unique opportunity to join a rapidly-growing organization that is led by true industry veterans. This transaction will allow us to take our operations to the next level while maintaining our focus on our clients and their insurance needs. We are excited about the future of this organization, and look forward to growing with the AssuredPartners team.”
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 property and casualty and employee benefits brokerage businesses across the country. From its founding in March of 2011, AssuredPartners has grown to approximately $240 million in annualized revenue and continues to be one of the fastest growing insurance brokerage firms in the United States. For more information, please contact Dean Curtis, CFO, at (407) 708-0031 or dcurtis(at)assuredptr(dot)com, or visit http://www.assuredptr.com.
Founded in 1980, GTCR is a leading private equity firm focused on investing in growth companies in the Financial, Healthcare, and Information Services & Technology industries. GTCR pioneered the “Leaders Strategy” – finding and partnering with world-class leaders as the critical first step in identifying, acquiring, and building market-leading companies through acquisitions and organic growth. Since its inception, GTCR has invested more than $8.5 billion in over 200 companies. For more information, please visit http://www.gtcr.com.