Mergers2_Detail

AssuredPartners Announces Acquisition of Coastal Plains Insurance of the Low Country, Inc.

12/14/2020 Written by: AP Communications

South Carolina Insurance Team Joins National Broker 
LAKE MARY, FL – December 14, 2020 – AssuredPartners, Inc. is pleased to announce the acquisition of Coastal Plains Insurance of the Low Country, Inc. located in Bluffton, SC. The team of 10 will remain under the leadership of Coastal Plains Insurance of the Lowcountry President, Mark Stone McDonald. The agency currently reports $3 million in annualized revenues.
“Over the past 20 years at Coastal Plains Insurance of the Lowcountry, we have been fiercely dedicated to providing unparalleled service, comprehensive risk analysis and marketing to multiple carriers in order to give our clients the broadest insurance coverage at the most reasonable rate,” stated Mark Stone McDonald. “We are thrilled to join AssuredPartners, a national broker with uncompromising integrity, that aligns solidly with our mission to remain a leader in innovation, advice and resources.”
AssuredPartners Regional President Brian Bair stated, “Coastal Plains Insurance of the Lowcountry possesses a strong dedication to understanding their client’s needs. We are pleased to have new members added to our growing team who are knowledgeable and passionate in delivering customer service excellence and industry expertise.”
“We would like to welcome the staff and clientele of Coastal Plains Insurance of the Lowcountry to AssuredPartners,” stated AssuredPartners President and COO, Tom Riley. “This team has had an outstanding reputation in the Southeast for many years now and we feel they are a great partner for us. We look forward to collaborating with their team of experts.”
For more information on Coastal Plains Insurance of the Lowcountry, please visit: http://www.cpilowcountry.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 England. From its founding in March of 2011, AssuredPartners has grown to over $1.6 billion in annualized revenue and continues to be one of the fastest growing insurance brokerage firms in the United States with over 190 offices in 34 states and England. For more information, please contact Jamie Reinert, Director of Marketing and Communications, at 513-624-1779 or jamie.reinert@assuredpartners.com, or visit www.assuredpartners.com.

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