Thursday, April 25, 2024

AssuredPartners Announces Acquisition of The Shepherd Agency, LLC

AssuredPartners, Inc. is pleased to announce that The Shepherd Agency of Fort Washington, PA has joined AssuredPartners. The Shepherd Agency marks the eleventh acquisition in 2022. As a unique bond-only agency, Shepherd has served as one of the largest Contract Surety bond agents in the Philadelphia / Delaware Valley marketplace for over 50 years. The team of ten will remain under the current operational leadership of Rick Shepherd.

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Shepherd said, “Clients of The Shepherd Agency will receive the same personalized care they always have but will be offered additional resources through our partnership with AssuredPartners. The first-class services AssuredPartners offers, combined with the local touch of an organization like Shepherd, will create immeasurable value for our clients throughout Pennsylvania.”

“The Shepherd Agency is a great fit into the AssuredPartners Construction and Surety operations. We are delighted to have their talented team join us in growth,” said AssuredPartners Mid-Atlantic Regional President, Brian Bair.

“We are excited to build our partnership with The Shepherd Agency, as our corporate cultures align with a client-centered focus and dedication to delivering innovative insurance solutions. We welcome the clientele and team to the AssuredPartnersfamily,” said AssuredPartnersPresident, Randy Larsen.

Headquartered in Orlando, Florida, AssuredPartners is a full-service insurance broker providing commercial insurance, risk management, employee benefits through consulting and services. With over 7,500 employees located in offices throughout North America, London, Belgium and Scotland, AssuredPartnersis in the business of building relationships. While cementing powerful, lasting relationships built on trust earned from working openly and honestly with our partners. That’s what we call, Power through Partnership.

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