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AssuredPartners Launches New Entity Called Accretive Insurance Solutions

Providing Specialty, Wholesale, and Program Administration Solutions


News provided by

AssuredPartners

Jan 24, 2022, 14:00 ET

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LAKE MARY, Fla., Jan. 24, 2022 /PRNewswire-PRWeb/ -- AssuredPartners, an industry-leading insurance broker and consulting firm, announces the launch of a new specialty, wholesale, and program administration company called Accretive Insurance Solutions which will be led by Sean Smith who will assume the role of Chairman and CEO.

"Accretive harnesses the power and expertise of the specialized firms that have joined AP over the past ten years," said Jim Henderson, Chairman and Chief Executive Officer of AssuredPartners. "We have some of the most innovative and ground-breaking programs in the industry, and the time is right to bring them under independent leadership to better support their continued growth and creativity."

"We are confident that by creating an organization dedicated to the needs of wholesale and specialty agencies, we will be able to foster the innovative culture that enables us to bring creative solutions to clients," according to Sean Smith, Chairman and Chief Executive Officer of Accretive.

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Accretive's leadership consists of industry veterans who have been at the forefront of niche program development and specialty risk placement. "We are confident that by creating an organization dedicated to the needs of wholesale and specialty agencies, we will be able to foster the innovative culture that enables us to bring creative solutions to clients," according to Sean Smith, Chairman and Chief Executive Officer of Accretive. Smith continued, "Accretive is a place where no risk is too complicated, and no solution is out of reach."

As of January 1, 2022, specialty and wholesale firms in the AssuredPartners family will be organized under the Accretive structure. With an aggressive growth plan already in place, Accretive aims to expand the distribution of services and expertise of these firms to reach new markets.

Emerging risks continue to materialize, creating challenges for insurance brokers and clients alike. Specialty and wholesale brokers are vital for identifying sustainable coverage and programs to protect unique businesses and consumers. Accretive's purpose is to provide support to these essential specialty firms. John Stephens, President of Accretive P&C, articulated this point further, "If the past two years have taught us anything, it is that circumstances outside of our control can derail the most solid business plans. The agencies in Accretive specialize in unique and emerging risks. We have built custom programs, and we know how to navigate the unknown - that is what differentiates us."

Media Contact

Jamie Reinert, AssuredPartners, 5136241779, [email protected]

SOURCE AssuredPartners

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