AssuredPartners NL (formerly ''Assured Neace Lukens'') is an

insurance Insurance is a means of protection from financial loss in which, in exchange for a fee, a party agrees to compensate another party in the event of a certain loss, damage, or injury. It is a form of risk management, primarily used to protect ...

brokerage firm founded in 2011 by John Neace and Joe Lukens. With headquarters in

Louisville, Kentucky Louisville is the List of cities in Kentucky, most populous city in the Commonwealth of Kentucky, sixth-most populous city in the Southeastern United States, Southeast, and the list of United States cities by population, 27th-most-populous city ...

, the company has more than 500 licensed agents and more than 850 employees operating in 38 states and 2 countries.

History

The company Assured Neace Lukens was founded in 1991 by John Neace and Joe Lukens. In September 2011, Neace Lukens was acquired by AssuredPartners, Inc. In 2015, Chicago based private equity firm

GTCR GTCR LLC is a Chicago, Illinois-based private equity firm focused on leveraged buyout, leveraged recapitalization, growth capital and rollup transactions. The firm principally invests in high-growth industries, including financial services & te ...

, owner of AssuredPartners since its inception in 2011, sold the company to

Apax Partners Apax Partners LLP is a British private equity firm, headquartered in London, England. The company also operates out of six other offices in New York, Hong Kong, Mumbai, Tel Aviv, Munich and Shanghai. As of March 2024, the firm had raised and adv ...

. In 2019, Apax Partners sold AssuredPartners to an investor group led by GTCR, retaining a minority co-control stake in the company. In December 2024, Apax and

agreed to sell AssuredPartners to Arthur J. Gallagher & Co. in a $13.45 billion cash deal.

Management

Currently, Randy Larsen is a President of AssuredPartners NL. Former presidents * Todd Stocksdale *Larry Schaefer Jim Henderson is the company's

Chairman The chair, also chairman, chairwoman, or chairperson, is the presiding officer of an organized group such as a board, committee, or deliberative assembly. The person holding the office, who is typically elected or appointed by members of the gro ...

and

CEO A chief executive officer (CEO), also known as a chief executive or managing director, is the top-ranking corporate officer charged with the management of an organization, usually a company or a nonprofit organization. CEOs find roles in variou ...

. A leadership team consists of 9 people.

Acquisitions

AssuredPartners Inc. made 204

acquisitions Mergers and acquisitions (M&A) are business transactions in which the ownership of a company, business organization, or one of their operating units is transferred to or consolidated with another entity. They may happen through direct absorpt ...

at all. During 2021, the company acquired 14 enterprises. In 2018, AssuredPartners Inc. has acquired Cornerstone Insurance Group. In 2012, the company owned Morehead Insurance, Arison Insurance Services, Inc. etc.

Ranking

As of July 2011, Neace Lukens was the 24th largest private insurance firm in the country as ranked by Business Insurance magazine. In July 2020, AssuredPartners NL was listed as the 11th largest broker of U.S. business by Business Insurance, featuring the “100 Largest Brokers of U.S. Business”. Also the company was recognised as one of the Best Companies to Work for in Lake Mary, FL by Zippia's ranking.

Awards

2019 — Best Employer in

Ohio Ohio ( ) is a U.S. state, state in the Midwestern United States, Midwestern region of the United States. It borders Lake Erie to the north, Pennsylvania to the east, West Virginia to the southeast, Kentucky to the southwest, Indiana to the ...

by the Ohio SHRM State Council and Best Companies Group. 2016 — Best Place to Work in

Kentucky Kentucky (, ), officially the Commonwealth of Kentucky, is a landlocked U.S. state, state in the Southeastern United States, Southeastern region of the United States. It borders Illinois, Indiana, and Ohio to the north, West Virginia to the ...

by the Kentucky Society for Human Resource Management and the Kentucky Chamber of Commerce.

References

External links

* {{Official website, assuredptrnl.com
Randy J. Larsen LinkedIn
Insurance companies of the United States Companies based in Louisville, Kentucky 1991 establishments in Kentucky American companies established in 1991 Financial services companies established in 1991 Financial services companies of the United States 1991 establishments in the United States Apax Partners companies