Patriot Growth Insurance Services Acquires Shapiro Insurance Group of Florida

December 2, 2019

Patriot Growth Insurance Services, LLC, a national insurance agency, has added Shapiro Insurance Group (SIG) to its platform.

The partnership with SIG marks Patriot’s entry into the Florida marketplace and strengthens its existing capabilities in the property and casualty insurance arena. SIG is headquartered in Jacksonville, Fla., and has grown to nearly 80 insurance professionals in 10 locations throughout the state.

Joel Shapiro founded SIG in 1990 and has built it into one of the largest independent insurance agencies in Florida. SIG provides personal and commercial insurance products to thousands of families and businesses throughout the southeastern United States. In addition to its organic growth, SIG has completed eleven acquisitions in the past 10 years. VP of Operations Sheona Fanelli leads its operations across Northeast, Central and South Florida.

According to Joel Shapiro, Patriot was seeking a growth-focused partner to “help us take our business to the next level.”

Founded in 2019, Patriot is a growth-focused national insurance services firm that partners with employee benefits and property & casualty agencies across the United States. With over 400 professionals operating in 40 locations across 11 states, Patriot’s model delivers resources and strategic support to its agencies.

Topics Florida Mergers & Acquisitions

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