AssuredPartners Announces Acquisition of Insurance Advisor in Iowa
- May 16, 2018
AssuredPartners Announces Acquisition of Peoples Insurance Agency
LAKE MARY, FL -- AssuredPartners, Inc. is pleased to announce the acquisition of Peoples Insurance Agency (PIA), headquartered in Waverly, Iowa. PIA has been the family owned and operated trusted insurance advisor in Iowa since its founding in 1982. The staff of 88 will continue operations under Market President Josh Whitinger and as last reported with annualized revenues of $13 million.
“We deliver peace of mind as part of our business model. Our employees are committed to providing the highest quality of service possible to offer the coverage our clients need and deserve” said Josh Whitinger. “These are attributes that we will be able to continue with in our new venture with AssuredPartners.”
“Joining AssuredPartners will allow us to remain in our community, keep our family involved in the business, while giving us the opportunity to be a part of a national organization. We are proud to join AssuredPartners” stated PIA’s Jarvis Whitinger.
“Entering Iowa as a new marketplace is an exciting time for AssuredPartners and we are thrilled for the opportunity to become further involved in the community. PIA is a fantastic new partner for our region as it complements our AssuredPartners Transportation vertical with the dedication to the specialty trucking marketplace. Partnering with PIA is a welcomed addition to our Western Region operations” stated AssuredPartners Western Regions President Randy Larsen.
AssuredPartners President and COO Tom Riley, says, “As we continue to strive for excellence in selecting agencies to join our company, PIA absolutely fit the mold. Having such an established agency with a great presence in a new marketplace for us is exciting. We would like to welcome the clients and team at PIA into AssuredPartners.”