AssuredPartners Acquires Encompass Risk Solutions, Inc.
For Immediate Release
Contact: Dean Curtis
AssuredPartners
407-708-0031
dcurtis@assuredptr.com
Specialized Trucking Insurer Joins National Leader
LAKE MARY, Fla. – February 15, 2016 — AssuredPartners, Inc. has announced that Encompass Risk Solutions, Inc. of Warminster, PA has joined the organization. The agency is one of Pennsylvania’s most comprehensive agency providing specialized trucking insurance programs with over 100 years’ experience. The Encompass team of 15 will continue creating risk management and insurance solutions for the transportation industry under the leadership of President Jeff Maconaghy. The agency reports approximately $4.5 million in revenues.
“Our culture and strategic goals completely align with that of AssuredPartners,” Said Jeff Maconaghy, President of Encompass. “This partnership will allow us to expand upon our passion for the transportation industry and more.”
“We are proud to add another experienced partner to the team,” said Tom Riley, President and COO of AssuredPartners. “Encompass has shown a great level of expertise and pride in their business and we would like to welcome the staff and clientele to the AssuredPartners family.”
For more information about Encompass Risk Solutions, Inc., visit: www.encompassrisksolutions.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 $550 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 110 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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