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AssuredPartners (AP) is an insurance brokerage and risk management services company based in the United States,[8] with its headquarters located in Orlando, Florida.[3] Founded in March of 2011, the company operates on a global scale and ranks among the world's largest insurance brokers.[9]
AssuredPartners was established in March 2011 by Jim Henderson, who had four decades of experience in the insurance industry.[10]
On September 20, 2011, the firm completed the acquisition of Neace Lukens Holding Co., the parent company of Neace Lukens. The transaction involved the seven partners of Neace Lukens selling their shares to AssuredPartners, resulting in a transfer of ownership of the Kentucky-based insurance agency. This acquisition was aligned with AssuredPartners' strategy to develop a national insurance brokerage network through the acquisition of established regional agencies. While the financial details of the transaction were not made public, industry sources confirmed it was the company's first acquisition.[11][12][13]
In 2019, Apax Partners sold AssuredPartners to an investor group led by GTCR, with Apax retaining a minority co-control position in the company.[15]
In December 2024, Apax Partners and GTCR entered into an agreement to sell AssuredPartners to Arthur J. Gallagher & Co. in a transaction valued at $13.45 billion in cash. The sale was finalized in August 2025.[16]
Acquisitions
During 2021, the company acquired 14 enterprises.[17][18]
In 2018, AssuredPartners has acquired Cornerstone Insurance Group.[19]
In 2012, the company owned Morehead Insurance,[20] Arison Insurance Services, Inc.[21] etc.
Ranking
In July 2020, AssuredPartners was listed as the 11th largest broker of U.S. business by Business Insurance, featuring the “100 Largest Brokers of U.S. Business”.[22][23]
