AssuredPartners Acquires Omni Risk Management, Omni Benefits in N.Y.

January 20, 2015

AssuredPartners Inc. has acquired Omni Risk Management and Omni Benefits in Smithtown, New York. The firm specializes in coverage for commercial insurance with a specialty in construction coverage, surety bonding, personal insurance, as well as life and health insurance products. Omni has approximately $6 million in revenues.

As part of the acquisition, 25 Omni employees will join AssuredPartners. Omni Risk’s Long Island, New York, office will continue under the management of founders: Rob Mastrantonio, president; Frank Strcich, vice president-Insurance; and Glenn Glubiak, vice president-Surety.

Headquartered in Lake Mary, Florida, AssuredPartners acquires and invests in insurance brokerage businesses (property/casualty, employee benefits, surety, MGA/wholesalers) across the U.S. and in London.

Since its founding in 2011, AssuredPartners has acquired 76 insurance firms and has grown to approximately $420 million in annualized revenue, with more than 80 offices in 27 states and a London office. AssuredPartners is a portfolio company of Chicago-based private equity firm GTCR.

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