AssuredPartners, Inc. has acquired Star & Shield Insurance Services located in Tallahassee, Fla. The team of 11 will remain under the operational leadership of Frank Russo and Allyson Olver. The agency currently reports $2 million in annualized revenues.
Star & Shield Insurance Services offers an array of insurance options to first responders, their families, friends and neighbors. With more than 10 years of experience, Star and Shield is dedicated to supporting and engaging with public safety personnel.
According to AssuredPartners Regional President Jack Suber, the partnership will deliver products while providing asset protection and service to clients on a national level.
AssuredPartners President and COO Tom Riley said the move is part of the firm’s plans to increase its presence in the Florida marketplace.
Headquartered in Lake Mary, Fla., 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. From its founding in March of 2011, AssuredPartners has grown to over $1.3 billion in annualized revenue and has more than 170 offices in 30 states and London.
Topics Mergers & Acquisitions Florida
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