Missouri’s Ascension Insurance Buys Florida’s Bartlett Agency

March 5, 2009

Kansas City-headquarted Ascension Insurance, Inc. has acquired Dennis Bartlett agency of Fort Lauderdale, Florida.

The Bartlett agency specializes in medical malpractice coverage and will join Employers Mutual, Inc., a member of the Ascension group of companies based in Stuart, Florida.

Through its divisions and subsidiaries, Ascension offers insurance and employee benefits products and programs, as well as brokerage and risk management services to middle-market companies nationwide.

Ascension is led by president and CEO Leonard P. Kline, Jr. The Ascension insurance agency has 20 locations nationwide. Together with its private equity partners, Parthenon Capital and Century Capital Management, Ascension said it expects to grow to $200 million in revenue over the next four years.

Source: Ascension Insurance, Inc.

Topics Mergers Florida Missouri

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