LAKE MARY, FL – September 5, 2018 – AssuredPartners, Inc. is pleased to announce the acquisition of the Ranew Insurance Agency (RIA) of Melbourne, Florida marking the 25th acquisition for AssuredPartners in 2018. RIA has achieved the reputation for being one of the best in marketing Condominium Association Insurance and Homeowners Association Insurance for over thirty years. The team of 10 will remain in the current organizational structure under the leadership of Barry Ranew. The agency currently reports annualized revenues of $2.5 million.
“RIA has a foundation in protecting condo associations, homeowners associations as well as churches and additional commercial properties. We are known in our space for providing prompt, efficient service and we bring our clients a full line of quality service with the appropriate insurance coverage” said Barry Ranew. “We could not achieve our success if it were not for the staff we employ. We have been through an ever-changing industry and yet we still find a way to create the right insurance product for the distinct needs of our clients. We could not be more excited to join a national broker like AssuredPartners for this next chapter in our company’s history.”
“We are thrilled to add a dedicated specialty market into our existing Florida operations. Finding specialty insurance experts are the key to AssuredPartners continued growth and expertise the marketplace.” AssuredPartners President and COO Tom Riley stated. “RIA has a talented and experienced staff that we are delighted to have join the company. Welcome Ranew Insurance Agency.”
For more information on the Ranew Insurance Agency, please visit: www.ranewinsurance.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 $1 billion 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 200 insurance agencies. For more information, please contact Dean Curtis, CFO, at 407.708.0031 or firstname.lastname@example.org, or visit www.assuredpartners.com.