AssuredPartners Announces Acquisition of Trucking Industry Insurance Services
- September 10, 2018
AssuredPartners Announces Acquisitions of Roemer Insurance and STIG
LAKE MARY, FL -- AssuredPartners, Inc. is pleased to announce the acquisition of Roemer Insurance in conjunction with Sunforest Transportation Insurance Group (STIG), both located in Toledo, Ohio. The company was founded in 1934 by Wellington F. Roemer and has always maintained a focus on servicing the trucking industry while over the years branching into additional lines of coverage. The team of 26 will remain under the current organizational structure under the leadership of President and CEO Rocky Roemer, COO Michael Lawrence and STIG President Dennis Schwartz. Roemer Insurance currently reports annualized revenues of $4 million.
“It’s a rare company that can prosper for over 80 years; not too many firms are successful for three generations,” Rocky Roemer added. “We have a marvelous group of employees at Roemer Insurance. Every one of us understands that we have a strong and prosperous company today because of the efforts of all the people who came before us. We look forward to creating more prosperity in the future as a member of the AssuredPartners organization.”
STIG President Dennis Schwartz said, “I have been servicing the specialty transportation markets and trucking insurance agents for over 20 years and really look forward to working with AssuredPartners team across the country.”
“In addition to the specialty focus on the trucking insurance space, Roemer Insurance is proud to have written almost every type of insurance in the marketplace,” stated AssuredPartners President and Chief Operating Officer Tom Riley. “Roemer offers its wealth of trucking insurance expertise for motor carriers throughout the Midwest and will be a great addition to the AssuredPartners transportation team. We welcome the dedicated team and valued clients of Roemer Insurance and STIG to AssuredPartners.”