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AssuredPartners Aerospace expands in Kansas with acquisition of Air Capital Insurance.

AIRLINE INDUSTRY INFORMATION-(C)1997-2019 M2 COMMUNICATIONS

AssuredPartners, Inc., a Florida-based insurance brokerage acquisition company, has announced the acquisition of Kansas-based aviation speciality agency Air Capital Insurance, LLC, the company said.

Terms of the transaction were not disclosed.

Air Capital's team of 10 will remain under a leadership of ACI founders.

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 USD 1.2bn in annualised revenue and continues to be one of the fastest growing insurance brokerage firms in the United States with over 235 offices in 30 states and London.

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Publication:Airline Industry Information
Date:Jun 18, 2019
Words:130
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