AssuredPartners Inc. has acquired Air Capital Insurance LLC (ACI) of Wichita, Kansas.
ACI’s team of 10 will remain under the leadership of ACI founders Glenn Tate and Greg Hiser. The group will join AssuredPartners’ aerospace unit.
The agency was founded in 2002 by Tate and Hiser. It currently reports approximately $2 million in annualized revenues.
AssuredPartners is headquartered in Lake Mary, Florida, and led by Jim Henderson and Tom Riley.
Topics Mergers & Acquisitions Kansas
Was this article valuable?
Here are more articles you may enjoy.

US Cyber Insurance Market Sees Flat Premium, More Third-Party Claims Hit Loss Ratio
US House Passes Bill to Extend Federal Terrorism Backstop Through 2034
Travelers Builds Insurance-Specific LLM
NAIC Says Data Taken in Hack Has Been Published Online 

