DetailsMergers

AssuredPartners Acquires MaximGroup

05/18/2016 Written by: AP Communications

For Immediate Release
Contact: Dean Curtis
AssuredPartners
407-708-0031
dcurtis@assuredptr.com
 
National Insurance Broker Expands in Texas
 
LAKE MARY, Fla. – May 18, 2016 — AssuredPartners, Inc. is pleased to announce the recent acquisition of MaximGroup of Houston, TX. The agency has been a mainstay in the Houston area since 1931 and focuses on risk management and insurance brokerage services for commercial, employee benefits and personal needs. The MaximGroup’s team of 30 will continue operations under the leadership of CEO Ron Masters.
 
“MaximGroup is proud of the sound reputation we have earned not only for providing the highest-quality services, but also utilizing the latest technology and tools available to serve our clients more efficiently.” said Ron Masters, CEO of Maxim Group. “The partnership with AssuredPartners will allow us to continue our operations with the philosophy that the client comes first – always.”
 
“Under our current structure, MaximGroup will join the AssuredPartners Central States region and we are excited to have the level of expertise this group brings to our team.” said AssuredPartners Regional President Randy Larsen. “The level of specialization this team brings to the construction, education and marine sectors make a great fit for our territory.”
 
“The addition of this professional team provides expertise and experience that will benefit clients throughout our Central States region as well as throughout the country.” said Tom Riley, President and COO of AssuredPartners. “This transition is an excellent opportunity to expand into Texas while ensuring new opportunities for our associates and remaining focused on our operational excellence throughout our organization.”
 
For more information about MaximGroup, please visit: www.maximgroup.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 $580 million in annualized revenue and continues to be one of the fastest growing insurance brokerage firms in the United States* with over 125 offices in 30 states and a London office. Since 2011, AssuredPartners has acquired more than 150 insurance agencies. For more information, please contact Dean Curtis, CFO, at 407.708.0031 or dcurtis@assuredptr.com, or visit www.assuredptr.com.
 
*As ranked by Business Insurance in the July 20, 2015 edition, featuring the “100 largest brokers of U.S. business.”

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