AssuredPartners, Inc. has acquired The Elan Group of Tampa, Fla., an employee benefits firm specializing in the design, enrollment and service of employee benefits plans.
The company’s staff of 21 will remain under the leadership of CEO Ross Hays and President Duffy Thaxton. The agency currently reports $6 million in annualized revenue.
Thaxton said aligning with AssuredPartners will help the company continue to grow.
Headquartered in Lake Mary, Fla., 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. Since 2011, AssuredPartners has acquired more than 195 insurance agencies.
Was this article valuable?
Here are more articles you may enjoy.
Wildfires, Storms Fuel 2025 Insured Losses of $108 Billion: Munich Re Report 
Georgia Republicans Move to Scrap State Income Tax by 2032 Despite Concerns 
MAPFRE Accuses AAA of Violating Long-Time Exclusive Marketing Agreement 
Good Times for US P/C Insurers May Not Last; Auto Challenges Ahead 
