AssuredPartners Announces Acquisition of Owen-Dunn Insurance Services
AssuredPartners Western Operations Expand into Sacramento
LAKE MARY, FL – December 7, 2017 – AssuredPartners, Inc. is pleased to announce that Owen-Dunn Insurance Services of Sacramento, CA has joined the agency, marking its 26th completed acquisition of 2017. Owen-Dunn, founded in Sacramento in 1949, provides a wide range of insurance services throughout California to businesses and individuals, including property/casualty, surety, worker’s comp, employee benefits, loss control and claims management. The staff of 50 employees will continue operations under the leadership of President Owen Taylor. The current executive team will remain intact and no staffing changes are planned with this transition. The agency currently reports approximately $10.5 million in revenues.
“We have been approached by agencies looking to acquire Owen-Dunn many times. This is the first time the new partnership appealed to our shareholders,” stated Owen Taylor, President of Owen-Dunn. “AssuredPartners is unique in their strategy of acquiring high-performing agencies and allowing them to continue to operate in the manner that has made them successful. Our success is rooted in providing a higher-level of customer services than our competitors. With AssuredPartners, none of that will change.”
“We have been looking to establish a platform agency in California. Owen-Dunn’s captive expertise, unique high-touch client service model, and sophisticated operations systems make the firm an ideal lead agency for our expansion in the state.” stated AssuredPartners President and COO Tom Riley. “Our expansion in California throughout 2017 has been remarkable and we are elated to have found such great operations to further our expansion in the west.”
For more information on Owen-Dunn Insurance Services, please click here: www.owendunn.com
ABOUT ASSUREDPARTNERS, INC
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. From its founding in March of 2011, AssuredPartners has grown to over $900 million in annualized revenue and continues to be one of the fastest growing insurance brokerage firms in the United States* with over 200 offices in 30 states and London. Since 2011, AssuredPartners has acquired more than 190 insurance agencies. For more information, please contact Dean Curtis, CFO, at 407.708.0031 or firstname.lastname@example.org, or visit www.assuredpartners.com.
Business Insurance in the July 2017 edition, featuring the “100 largest brokers of U.S. business.”