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Subject: TNM

AssuredPartners Acquires Lundstrom Insurance Agency, Inc.

LAKE MARY, Fla., Jan. 23, 2020 /PRNewswire-PRWeb/ -- AssuredPartners, Inc. is delighted to announce the acquisition of Lundstrom Insurance Agency, Inc. located in Elgin, IL. The agency currently reports $7.3 million in annualized revenues.

"Since the 1950s, Lundstrom Insurance Agency has operated on the philosophy of 'The best interests of our clients are our best interests'," stated Brett Lundstrom. "This ideal guides our team and by joining AssuredPartners, we will continue to operate with the shared goal of exceeding client expectations."

"AssuredPartners develops customized solutions tailored for each company's needs and priorities and we feel that this is a great fit as we expand in the Illinois marketplace," said AssuredPartners Regional President Todd Stocksdale. "We are pleased to have the clients and team members of Lundstrom Insurance Agency join AssuredPartners."

"We feel that Lundstrom Insurance Agency is a great partner for us within a great region," stated AssuredPartners President and COO Tom Riley. "We look forward to working with their team and would like to welcome the staff and clientele of Lundstrom Insurance Agency to AssuredPartners."

For more information on Lundstrom Insurance Agency Inc., please visit: http://www.lundstrominsurance.com.

Headquartered in Lake Mary, Florida and led 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 London. From its founding in March of 2011, AssuredPartners has grown to over $1.4 billion in annualized revenue and continues to be one of the fastest growing insurance brokerage firms in the United States with over 170 offices in 30 states and London. For more information, please contact Dean Curtis, CFO, at 407.708.0031 or dean.curtis@assuredpartners.com, or visit http://www.assuredpartners.com.


SOURCE AssuredPartners

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