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AssuredPartners acquires agency

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AssuredPartners Inc. said Thursday it had acquired Beimdiek Insurance Agency.

Terms of the transaction were not disclosed.

Carthage, Missouri-based Beimdiek will continue operations under CEO Steve Beimdiek, Lake Mary, Florida-based AssuredPartners said in a statement. Founded in 1936, the agency reports about $4 million in revenues with a specialization in personal, commercial, trucking and employee benefit insurance programs.

AssuredPartners is the 13th largest broker of U.S. business, according to Business Insurance’s latest ranking.