AssuredPartners Inc. has acquired Corkill Insurance Agency Inc. of Elk Grove Village, Illinois.
AssuredPartners said the Corkill acquisition is its first in 2020.
The Corkill staff of 104 will remain under the operational leadership of Luke Praxmarer and Paul Praxmarer. The agency currently reports $23 million in annualized revenues.
Headquartered in Lake Mary, Florida and led by Jim Henderson and Tom Riley, AssuredPartners Inc. acquires and invests in insurance brokerage businesses (property and casualty, employee benefits, surety and MGU’s) across the United States and in London.
Source: AssuredPartners Inc.
Topics Mergers & Acquisitions Illinois
Was this article valuable?
Here are more articles you may enjoy.
Best Agency to Work For – Overall Winner: Robertson Ryan Insurance 
GEICO Sues Medical Firms in Florida, NY Over Alleged No-Fault Auto Fraud 
Homeowners Facing Big Deductibles? Mission Says it Has a Buyback Plan for That 
Viewpoint: Insurance and AI – A Double-Edged Sword 
