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Risk Management

AssuredPartners makes another Florida agency buy

Claire Wilkinson

January 03, 2020 Reprints

Agents & Brokers Mergers & Acquisitions More + Less -

Private equity-backed brokerage AssuredPartners Inc. on Friday said it has acquired Star & Shield Insurance Services LLC, a Tallahassee, Florida-based agency that provides coverage for first responders and their families.

Terms of the transaction were not disclosed.

Star & Shield has $2 million in annualized revenue and 11 staff, Lake Mary, Florida-based AssuredPartners said in a statement.

AssuredPartners is the 12th-largest brokerage of U.S. business, according to Business Insurance’s latest rankings.