AssuredPartners Acquires Leonard Insurance Services

Lake Mary, Fla. (PRWEB) January 07, 2014

AssuredPartners Inc., through its Dawson Companies platform, has completed the acquisition of Leonard Insurance Services. The agency specializes in commercial, personal, life and health insurance, employee benefits, financial planning and surety programs for contractors.

Since its founding in 1904, Leonard Insurance Services has grown to become one of the largest independent agencies in Ohio. The firm reports approximately $10 million in revenue, and is managed by principals Fred Kloots, <person>Richard Martindale and Todd Witham.

“Our commitment to providing the highest quality of insurance services makes joining Dawson Companies and AssuredPartners the right choice for our agency and our clients,” said Fred Kloots, President of Leonard Insurance Services. "As part of one of the largest national agencies, our agents will have access to additional markets and risk management solutions to help our clients protect their businesses and families."

As part of the acquisition, 58 Leonard Insurance Services employees will join Dawson Companies. Operations are based in North Canton, Ohio, and will continue under the local leadership of Fred Kloots and Rick Martindale.

“Leonard Insurance Services is known for their dedication, expertise and high quality of services offered,” said Mike Sherman, President of the Dawson Companies. “We welcome the Leonard Insurance Service employees to the Dawson Companies team.”

“The Leonard Insurance Services acquisition supports our goal of expanding the AssuredPartners footprint in Ohio,” said Jim Henderson, Chairman and CEO of AssuredPartners, Inc. “By joining AssuredPartners, Leonard Insurance Services is positioned to offer clients new and enhanced insurance programs.”

For more information, please visit: http://www.leonardinsurance.com/.    

ABOUT ASSUREDPARTNERS, INC
Headquartered in Lake Mary, Florida and led by Jim Henderson and Tom Riley, AssuredPartners Inc., a portfolio company of Chicago-based private equity firm GTCR, acquires and invests in insurance brokerage businesses (property and casualty, employee benefits, surety, MGA/wholesalers) across the United States and in London. From its founding in March of 2011, AssuredPartners has grown to approximately $290 million in annualized revenue and continues to be one of the fastest growing insurance brokerage firms in the United States with more than 80 offices in 24 states and a London office. Since 2011, AssuredPartners has acquired more than 45 insurance firms. For more information, please contact Dean Curtis, CFO, at 407.708.0031 or [email protected], or visit http://www.assuredptr.com.

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