AssuredPartners Launches New Entity

Providing Specialty, Wholesale and Program Administration Solutions

LAKE MARY, FL, January 24, 2022 – AssuredPartners, an industry-leading insurance broker and consulting firm, announces the launch of a new specialty, wholesale, and program administration company called Accretive Insurance Solutions which will be led by Sean Smith who will assume the role of Chairman and CEO.

"Accretive harnesses the power and expertise of the specialized firms that have joined AP over the past ten years," said Jim Henderson, Chairman and Chief Executive Officer of AssuredPartners. "We have some of the most innovative and ground-breaking programs in the industry, and the time is right to bring them under independent leadership to better support their continued growth and creativity."

Accretive's leadership consists of industry veterans who have been at the forefront of niche program development and specialty risk placement. "We are confident that by creating an organization dedicated to the needs of wholesale and specialty agencies, we will be able to foster the innovative culture that enables us to bring creative solutions to clients," according to Sean Smith, Chairman and Chief Executive Officer of Accretive. Smith continued, "Accretive is a place where no risk is too complicated, and no solution is out of reach."

As of January 1, 2022, specialty and wholesale firms in the AssuredPartners family will be organized under the Accretive structure. With an aggressive growth plan already in place, Accretive aims to expand the distribution of services and expertise of these firms to reach new markets.

Emerging risks continue to materialize, creating challenges for insurance brokers and clients alike. Specialty and wholesale brokers are vital for identifying sustainable coverage and programs to protect unique businesses and consumers. Accretive's purpose is to provide support to these essential specialty firms. John Stephens, President of Accretive P&C, articulated this point further, "If the past two years have taught us anything, it is that circumstances outside of our control can derail the most solid business plans. The agencies in Accretive specialize in unique and emerging risks. We have built custom programs, and we know how to navigate the unknown - that is what differentiates us."

About AssuredPartners, Inc.

Headquartered in Lake Mary, Florida, AssuredPartners is a full-service insurance broker providing commercial insurance, risk management, employee benefits, and personal lines through consulting and services. With over 8,000 employees located in offices throughout North America, London, Belgium, and Scotland, AssuredPartners is in the business of building relationships. While cementing powerful, lasting relationships built on trust earned from working openly and honestly with our partners. That's what we call, Power through Partnership. For more information, visit www.assuredpartners.com.