Oakbridge Partners with The Ormond Agency to Expand High Net Worth Expertise in Florida

Business Wire

Oakbridge gains its first East Coast Florida location and a proven personal lines team while Ormond’s clients gain broader market access and specialty resources.

ALPHARETTA, Ga.--(BUSINESS WIRE)--
Oakbridge Insurance Agency LLC, a U.S. Top 50 independent insurance brokerage, today announced its partnership with The Ormond Agency, an Ormond Beach-based independent agency with a substantial personal insurance practice and extensive experience serving high-net-worth clients. The partnership establishes Oakbridge’s first location on Florida’s East Coast and expands its personal insurance capabilities across the state. For Ormond, it adds the market access and specialty resources of a national brokerage.

Led by Principal Joe Lennartz, The Ormond Agency has built its business around long-standing client relationships and deep knowledge of Florida’s property insurance market. That experience is particularly valuable for clients with higher-value homes, coastal properties, and complex asset profiles, as carrier appetite and underwriting requirements continue to vary across the state.

“Ormond brings the kind of market knowledge that matters in Florida, particularly when clients have more specialized property and personal insurance needs,” said Matt James, Chief Executive Officer of Oakbridge. “Joe and his team know this market, know their clients, and have built a strong business around both. Their expertise adds meaningful depth to our personal insurance capabilities, and we’re glad to have them as we continue to grow in Florida.”

The Ormond Agency will continue operating from Ormond Beach with its existing team and client relationships intact, preserving the local presence and service model that have long defined the agency. As part of Oakbridge, the team will pair that foundation with broader market access and specialty resources.

“Ormond has built a sizable personal lines business while maintaining the relationships and local involvement that made it successful in the first place,” said Trae Vaughan, President of Oakbridge. “That combination stood out to us. We bring the team more resources and capabilities to draw from, and they bring us a trusted Florida presence and personal lines expertise. Each makes the other stronger.”

The partnership positions The Ormond Agency to build on its established personal insurance practice, creating greater opportunity to serve evolving client needs and deepen its reach in the Florida market. For Oakbridge, it creates a foundation on Florida’s East Coast and a team that can inform how the firm serves personal insurance clients across the state.

“Our clients are looking to us for guidance across a wider range of needs,” said Joe Lennartz, Principal of The Ormond Agency. “Oakbridge gives us access to expertise we can bring into those situations without changing the way we work with the people we serve. We can remain close to the client while drawing on a deeper bench when they need it, and we’re excited to contribute what we’ve learned in this market to Oakbridge as well.”

About Oakbridge Insurance

Oakbridge Insurance is a top 50 U.S. insurance brokerage with deep specialty and niche market expertise. Backed by a people-first, employee equity-driven culture and powered by a unique regional governance model, Oakbridge delivers customized property & casualty, employee benefits, and specialty solutions across industries.

Learn more at oakbridgeinsurance.com.

About Ormond Agency

The Ormond Agency is an independent insurance agency based in Ormond Beach, Florida, specializing in personal insurance for clients across the state. The agency has extensive experience serving Florida homeowners and families, including clients navigating the property and flood exposures associated with the state’s coastal environment.

Learn more at ormondagency.com.