AssuredPartners Announces Acquisition of Hope Aviation Insurance

LAKE MARY, FL – October 18, 2017 – AssuredPartners, Inc. is pleased to announce the acquisition of Hope Aviation Insurance in Columbia, SC. Hope Aviation Insurance offers a wide range of insurance solutions to the aviation industry. The staff of 10 will operate under the leadership of Managing Director Eric Barfield while key members of the team, Marion (Bubba), Stuart and Mena Hope, will continue to be actively involved in the company. The agency currently reports approximately $2.6 million in revenues.
“The team at Hope Aviation Insurance is different from most insurance brokers because the team is solely focused on the aviation industry. This focus allows for a better negotiation process combined with a deep understanding of the industry.” said Marion Hope. “The union with AssuredPartners will allow us to continue to focus on the aviation industry while having the added nationwide resources of the AssuredPartners Aerospace practice to connect with.”
“We have put a great emphasis on our Aerospace practice within AssuredPartners.” said AssuredPartners President and COO Tom Riley. “When looking for partners to join this practice, Hope Aviation Insurance was an ideal fit. We would like to welcome the outstanding clients and dedicated team from Hope to AssuredPartners.”
For more information about Hope Aviation Insurance, please visit: www.hopeaviation.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 $890 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, Canada 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 dcurtis@assuredptr.com, or visit www.assuredpartners.com.
 
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