Business: Insurance

AssuredPartners Announces Acquisition of Marquis Transportation

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“We are delighted to add this talented team to our existing operations and pleased to have such great representation in the New Jersey marketplace,” said AssuredPartners CEO, Tom Riley.


LAKE MARY, Fla. (PRWEB)

AssuredPartners, Inc. is proud to announce Marquis Transportation of Woodbridge, NJ has joined AssuredPartners. The team of three will remain under the leadership of Marquis President, Michael Edwards. The agency currently reports $1.1 million in annualized revenues.

“We are pleased to announce the sale of the Marquis Transportation Retail Division to AssuredPartners, the 11th largest insurance broker in the United States. This transaction presents an exciting opportunity for the Marquis Transportation team to advance their careers and serve their growing client base as part of the AssuredPartners Transportation division,” said Richard Augustyn, CEO of NIP Group.

AssuredPartners Regional President, Brian Bair stated, “Marquis Transportation is continuously challenging the commercial trucking market and we are excited to add their team of experts to AssuredPartners.”

“We would like to welcome the employees and clients of our new partner, Marquis Transportation,” said AssuredPartners CEO, Tom Riley. “We are delighted to add this talented team to our existing operations and pleased to have such great representation in the New Jersey marketplace.”

ABOUT ASSUREDPARTNERS, INC

Headquartered in Lake Mary, Florida and founded by Jim Henderson and Tom Riley, AssuredPartners, Inc. acquires and invests in insurance brokerage businesses (property and casualty, employee benefits, surety and MGU’s) across the United States and in England. From its founding in March of 2011, AssuredPartners has grown to over $1.6 billion in annualized revenue and continues to be one of the fastest growing insurance brokerage firms in the United States with over 190 offices in 34 states in addition to London and Belgium. For more information, please contact Jamie Reinert, Director of Marketing and Communications, at 513-624-1779 or jamie.reinert@assuredpartners.com, or visit http://www.assuredpartners.com.

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