AssuredPartners NL
| Company type | Private |
|---|---|
| Industry | Insurance brokerage |
| Founded | 2011 |
| Founder | John Neace, Joe Lukens |
| Headquarters | Louisville, Kentucky , United States |
Area served | 38 states and two countries |
Key people | Randy Larsen (President), Jim Henderson (Chairman and CEO) |
Number of employees | 850+ |
AssuredPartners NL—previously known as Assured Neace Lukens—is an insurance brokerage enterprise established in 2011 by John Neace and Joe Lukens. With its main office located in Louisville, Kentucky, the firm employs upwards of 850 personnel and over 500 licensed agents operating across 38 states and two nations.
History
The origins of Assured Neace Lukens trace back to 1991 when John Neace and Joe Lukens founded the company. In September 2011, AssuredPartners, Inc. acquired the firm. The Chicago-based private equity group GTCR, which had owned AssuredPartners since 2011, transferred ownership to Apax Partners in 2015. Later, in 2019, Apax divested AssuredPartners to an investor consortium led by GTCR, while retaining a minority interest. In December 2024, Apax and GTCR reached an agreement to sell AssuredPartners to Arthur J. Gallagher & Co. for $13.45 billion in cash consideration.
Management
Randy Larsen holds the position of President at AssuredPartners NL.
Previous presidents
- Todd Stocksdale
- Larry Schaefer
Jim Henderson functions as Chairman and CEO of the company. The executive leadership team consists of nine members.
Acquisitions
To date, AssuredPartners Inc. has finalized a total of 204 acquisitions.
During 2021 alone, the company purchased 14 firms, notably including Rice Insurance Services and Biglow.
Significant earlier acquisitions encompass Cornerstone Insurance Group in 2018, along with Morehead Insurance and Arison Insurance Services in 2012.
Ranking
In July 2011, Business Insurance magazine ranked Neace Lukens as the 24th largest private insurance firm within the United States.
By July 2020, AssuredPartners NL had risen to become the 11th largest broker of U.S. business according to Business Insurance’s “100 Largest Brokers of U.S. Business” listing.
Additionally, Zippia recognized the company as one of the Best Companies to Work for in Lake Mary, FL.
Awards
2019 — Honored as Best Employer in Ohio by the Ohio SHRM State Council alongside Best Companies Group.
2016 — Received the Best Place to Work accolade in Kentucky from both the Kentucky Society for Human Resource Management and the Kentucky Chamber of Commerce.