AssuredPartners Acquires Kansas’ Air Capital Insurance

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.