AssuredPartners has completed the acquisition of AirSure Limited, which marks its entrance into the Colorado and Texas markets.
The agency specializes in insurance coverage, employee benefits and risk management services for business in the aviation industry, including commercial operations, corporate aircraft services and helicopters. AirSure Limited reports revenues of approximately $13 million.
Founded in 1984, AirSure Limited is headquartered in Golden, Colo., with additional operations in Plano, Texas.
"Joining AssuredPartners gives AirSure Limited the backing of a national agency, while enabling us to provide our clients with the best insurance and risk management guidance," said Bill Behan, CEO of AirSure Limited. "Our clients will continue to receive the same service they know and trust, while benefiting from new insurance tools and resources available through AssuredPartners."
As part of the acquisition, 35 AirSure Limited employees will join AssuredPartners. Operations will continue out of the Golden, Colo. and Plano, Texas office locations, under the local leadership of Behan.
"As AssuredPartners continues to expand, we look for agencies that possess high levels of expertise, professionalism, and respect. AirSure Limited has a combination of real world aviation experience and deep insurance expertise," said Jim Henderson, Chairman and CEO of AssuredPartners, Inc. "We welcome the AirSure Limited employees to the AssuredPartners family."
AirSure Limited will become the eighth AssuredPartners platform entity, joining Neace Lukens, headquartered in Louisville, Ky.; SKCG, headquartered in White Plains, NY; Jamison, headquartered in West Orange, NJ; Dawson Companies, headquartered in Cleveland, Ohio; SRA, headquartered in Kansas City, KS; AHM, headquartered in St. Louis, MO.; and Commercial Insurance Services, headquartered in Charleston, W.Va.