AssuredPartners Acquires Preferred Guardian Insurance of Dallas

Preferred Guardian Insurance (PGI) of Dallas, Texas, has joined the national broker AssuredPartners Inc.

PGI was formed in 2003 during the black mold crisis in Dallas. It offers all lines of coverage with a specialty in errors and omissions (E&O) insurance for real estate firms. The staff of seven will remain under the leadership of CEO Barney Schwartz and will report into AssuredPartners agency, Florida Insurance Specialists.

Preferred Guardian Insurance reports approximately $1.3 million in revenues.

Headquartered in Lake Mary, Florida, and led by Jim Henderson and Tom Riley, AssuredPartners acquires and invests in insurance brokerage businesses (property/ casualty, employee benefits, surety and MGUs) across the United States and in London.

Source: AssuredPartners Inc.

Topics Mergers & Acquisitions