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Member, Beacon International Group, Ltd.
AssuredPartners Inc. on Tuesday said it has acquired Nashville, Tennessee-based insurance broker Bandy Van Cleave & Williamson L.L.C.
Terms of deal were not disclosed.
Bandy Van Cleave & Williamson offers property/casualty, group life, health and disability insurance, pension plan and personal insurance coverage and services to small to midsize businesses, AssuredPartners said in a statement.
The staff will continue working from its Nashville office, reporting to Bob Van Cleave and Chuck Williamson, according to the statement.
Since 2011, Lake Mary, Florida-based AssuredPartners has acquired over 100 insurance agencies, the brokerage said in the statement.
AssuredPartners is the 13th-largest broker of U.S. business, according to Business Insurance’s latest ranking.
LONDON — Reinsurers are operating within a challenging environment of fierce competition fueled by ample capacity and changes in buying habits, but are finding ways to diversify and manage their risks, according to Standard & Poor's Corp.