AssuredPartners Announces Acquisition of Employee Benefits Firm in Tampa
- April 23, 2018
AssuredPartners Announces Acquisition of The Elan Group
LAKE MARY, FL -- AssuredPartners, Inc. is pleased to announce the acquisition of The Elan Group of Tampa, FL. The Elan Group is an employee benefits firm specializing in the design, enrollment and service of employee benefits plans with a staff of 21 that will remain under the leadership of CEO Ross Hays and President Duffy Thaxton. The agency currently reports $6 million in annualized revenue.
“Since The Elan Group’s founding in 1986, we found a way to develop employee benefit planning so that employees would have access to plans more conveniently, less expensively and with advantaged underwriting concessions,” stated Ross Hays. “We operate our agency under the core principals of design, communication and administration. This method has provided the ability to grow our business with the client’s best interests in mind.”
“For the past thirty years the market has grown exponentially and The Elan Group has grown with it. We’re proud to have a full-service employee benefits firm focused on our clients. We are also proud to have found a partner in AssuredPartners to further align with as we continue to grow,” said Duffy Thaxton.
AssuredPartners President and COO Tom Riley stated, “The addition of the Elan Group will greatly strengthen our employee benefits operations. This partnership will continue to deliver the highest level of service with the best solutions our clients expect from us. We welcome the clients and staff of The Elan Group to AssuredPartners.”