AssuredPartners buys Kentucky broker
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AssuredPartners Inc. said Sunday it has acquired Rice Insurance Services Co. LLC of Louisville, Kentucky.
Rice, which specializes in real estate errors and omissions programs, reports $6 million in annualized revenues. Its 27 employees will remain under the leadership of CEO Cindy Grissom, President Linda Rice and Chief Financial Officer Jerry Rice.
Lake Mary, Florida-based AssuredPartners has more than 7,500 employees in offices throughout North America, London, Belgium and Scotland.
AssuredPartners is the 12th-largest broker of U.S. business, with about $1.4 billion in annual brokerage revenue, according to Business Insurance’s latest ranking.
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