AssuredPartners announced the acquisition of Gerrity, Baker, Williams, Inc. (GBW Insurance) of Flanders, New Jersey.
GBW Insurance is a long-standing insurance broker in New Jersey focusing on business, personal and life insurance needs. The operations of GBW Insurance will combine with AssuredPartners current operations in Cranford, NJ.
“Joining AssuredPartners was a great choice for GBW Insurance as it will allow us the reach and scale to continue to provide our clients the breadth of products and services they have grown to expect”. said GBW Insurance President Glenn Tippy.
“We are delighted to continue building on our client focused culture and join an organization with a national presence.”
“We are motivated to expand operations in the New Jersey and Greater New York marketplace,” said Tom Riley, President and COO of AssuredPartners.
“GBW Insurance will allow us to enhance our capabilities while adding to our existing practice. We would like to welcome the clients and staff to the AssuredPartners organization.”
Headquartered in Lake Mary, Florida and led by Jim Henderson and Tom Riley, AssuredPartners, Inc. acquires and invests in insurance brokerage businesses (property and casualty, employee benefits, surety and MGU’s) across the United States and in London.
From its founding in March of 2011, AssuredPartners has grown to $600 million in annualized revenue and continues to be one of the fastest growing insurance brokerage firms in the United States* with over 125 offices in 30 states and a London office. Since 2011, AssuredPartners has acquired more than 150 insurance agencies.