AssuredPartners acquires New York-based ENV Insurance Agency
US insurance brokerage firm AssuredPartners has acquired ENV Insurance Agency based in Liverpool, New York, for an undisclosed price.
ENV Insurance Agency, which was founded in 1988, offers insurance and employee benefit advisement to businesses. The insurance agency currently reports annualized revenues of $7.5 million.
Brian Bair – AssuredPartners Regional President said: “At AssuredPartners, we focus on partnering with agencies that demonstrate a dedication to growth and partners who value building lasting relationships. AssuredPartners is pleased to have the team from ENV Insurance Agency join our operations.”
According to AssuredPartners, the New York firm’s team of 26 members will continue to work under the operational leadership of Ed Vaughn and Terry Engels.
Terry Engels – Senior Partner of ENV Insurance Agency said: “ENV offers unparalleled customer service that allows us to maintain a high standard of responsiveness, professional ethics and attention to detail. We plan on continuing to provide our clients with the best service with the additional resources of our national partnership with AssuredPartners.”
Based in Florida, AssuredPartners is engaged in acquiring and investing in insurance brokerage businesses across the US and also in England.
Earlier this month, AssuredPartners acquired ENV Property & Casualty, which offers clients with customized insurance programs.