AssuredPartners Inc. has acquired Insurance & Benefits Group LLC (IBG), headquartered in Sedalia, Mo.
IBG’s 31 employees will continue to operate from its three Missouri locations — Sedalia, Lee’s Summit and Warrensburg — under the local leadership of IBG President Randy Russell.
IBG provides the entire gamut of property/casualty products and services to all types of businesses, municipalities, and educational and nonprofit institutions. P/C coverages include surety bonds placement, workers’ compensation, inland and ocean marine, environmental liability and international liability, among many others.
The agency also assists clients with health and welfare plans, retirement planning, personal insurance and specialty programs.
Headquartered in Lake Mary, Fla., and led by Jim Henderson and Tom Riley, AssuredPartners is a portfolio company of Chicago-based private equity firm GTCR.
Source: AssuredPartners Inc.
Was this article valuable?
Here are more articles you may enjoy.
Premiums Will Skyrocket by 2035; Discounts Not Enough for Wind Mit, Studies Say 
CSU Lowers Atlantic Hurricane Forecast to ‘Well Below Normal’ 
Clash of Florida Titans Pits Powerful Tribe Against Homebuilder Lennar 
Private Equity Turns to Heat Detectives as Climate Risks Intensify 
