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AssuredPartners NL

AssuredPartners NL
IndustryInsurance
FounderJohn F. Neace, Joseph T. Lukens
Headquarters
2305 River Road
Louisville, Kentucky, 40206
Area served
USA
ServicesProperty & casualty, Risk management, Employee benefits, Personal insurance
WebsiteAssuredptrnl.com

AssuredPartners NL (formerly Assured Neace Lukens) is an insurance brokerage firm founded in 2011 by John Neace and Joe Lukens.[1] With headquarters in Louisville, Kentucky,[2] the company has more than 500 licensed agents and more than 850 employees[3] operating in 38 states and 2 countries.[4]

History

The company Assured Neace Lukens was founded in 1991 by John Neace and Joe Lukens.[citation needed]

In September 2011, Neace Lukens was acquired by AssuredPartners, Inc.[5] In 2015, Chicago based private equity firm GTCR, owner of AssuredPartners since its inception in 2011, sold the company to Apax Partners.[6] 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 GTCR agreed to sell AssuredPartners to Arthur J. Gallagher & Co. in a $13.45 billion cash deal.[7]

Management

Currently, Randy Larsen is a President of AssuredPartners NL.[8]

Former presidents

  • Todd Stocksdale[9]
  • Larry Schaefer[10]

Jim Henderson is the company's Chairman and CEO.

A leadership team consists of 9 people.

Acquisitions

AssuredPartners Inc. made 204 acquisitions at all.[11]

During 2021, the company acquired 14 enterprises.[12][13]

In 2018, AssuredPartners Inc. has acquired Cornerstone Insurance Group.[14]

In 2012, the company owned Morehead Insurance,[15] Arison Insurance Services, Inc.[16] etc.

Ranking

As of July 2011, Neace Lukens was the 24th largest private insurance firm in the country as ranked by Business Insurance magazine.[17]

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”.[18][19]

Also the company was recognised as one of the Best Companies to Work for in Lake Mary, FL by Zippia's ranking.[20][21]

Awards

2019 — Best Employer in Ohio by the Ohio SHRM State Council and Best Companies Group.[22]

2016 — Best Place to Work in Kentucky by the Kentucky Society for Human Resource Management and the Kentucky Chamber of Commerce.[23]

References

  1. ^ "AssuredPartners NL LLC - Company Profile and News". Bloomberg.com. Retrieved 2021-05-05.
  2. ^ Eigelbach, Kevin (30 May 2012). "Neace Lukens buys another insurance firm". Louisville Business First. American City Business Journals. Retrieved 16 October 2014.
  3. ^ "Matt Pereboom joins AssuredPartners NL | Southwest Indiana Chamber". Swinchamber.com. 2014-06-20. Retrieved 2016-10-27.
  4. ^ "Office Location | AssuredPartners NL". Assuredptrnl.com. 2014-06-20. Archived from the original on 2016-10-12. Retrieved 2016-10-27.
  5. ^ Bradford, Michael (2011-08-14). "AssuredPartners buys broker Neace Lukens". Business Insurance. Retrieved 2016-10-27.
  6. ^ Dorbian, Iris (2024-12-09). "GTCR to sell insurance broker AssuredPartners for $13.45bn". PE Hub. Retrieved 2025-02-28.
  7. ^ "Gallagher strikes $13.5 bln deal for AssuredPartners to strengthen insurance broker business". Reuters. 10 December 2019. Retrieved 28 February 2025.
  8. ^ "AssuredPartners Announces New Senior Leadership Structure". PRWeb. Retrieved 2021-05-05.
  9. ^ "AssuredPartners NL Announces Todd Stocksdale as President | AssuredPartners NL". 2017-04-14. Archived from the original on 2017-04-14. Retrieved 2021-05-05.
  10. ^ Eigelbach, Kevin (14 September 2012). "Neace turns over daily operations of Neace Lukens to Schaefer". Louisville Business First. American City Business Journals. Retrieved 16 October 2014.
  11. ^ "AssuredPartners Announces Milestone 200th Acquisition". Insurance Broker & Employee Benefit Solutions | AssuredPartners. Retrieved 2021-05-05.
  12. ^ "AssuredPartners brings up 14th acquisition of 2021 with Biglow deal". The Insurer. 2021-04-22. Retrieved 2021-05-05.
  13. ^ "Rice Insurance Services Co. acquired by AssuredPartners - Lane Report | Kentucky Business & Economic News". 17 March 2021. Retrieved 2021-05-05.
  14. ^ "AssuredPartners Acquires Cornerstone Insurance Group in St. Louis". Insurance Journal. 2018-05-03. Retrieved 2021-05-05.
  15. ^ "Neace Lukens Acquires Kentucky's Morehead Insurance". Insurance Journal. 2012-05-07. Retrieved 2021-05-05.
  16. ^ "AssuredPartners Acquires Arison Insurance Services, Inc". www.businesswire.com. 2012-03-30. Retrieved 2021-05-05.
  17. ^ [1][dead link]
  18. ^ "Business Insurance 2020 edition" (PDF). Archived (PDF) from the original on 2021-05-05.
  19. ^ "The top 50 large-group employee benefit brokers in the U.S., part 2". Employee Benefit News. 2014-11-19. Retrieved 2021-05-05.
  20. ^ "2 AssuredPartners Careers & Jobs". www.zippia.com. 2020-05-18. Retrieved 2021-05-05.
  21. ^ "11 Best Companies To Work For In Lake Mary, FL". www.zippia.com. Retrieved 2021-05-05.
  22. ^ "Best Employers in Ohio - AssuredPartners". Crain's Cleveland Business. 2019-05-13. Retrieved 2021-05-05.
  23. ^ "2016 Best Places to Work in Kentucky". Issuu. 21 April 2016. Retrieved 2021-05-05.