AssuredPartners Inc. has added the aviation book of business formerly owned by AOPA Insurance Agency Inc. into the AP Aerospace operations of AssuredPartners.
AOPA is a Frederick, Md.-based aerospace specific association focusing on the needs of aircraft owners, renters, CFI or aviation business operators. It was founded in 1939 and has been serving the general aviation community for nearly three quarters of a century.
Following the acquisition, the association will continue to operate its agency with non-aviation related insurance products. This transaction marks the 34th acquisition for AssuredPartners in 2018.
Headquartered in Lake Mary, Fla., and led by Jim Henderson and Tom Riley, AssuredPartners Inc. acquires and invests in insurance brokerage businesses in the property and casualty, employee benefits, surety and MGU space across the U.S. and in London.
Source: AssuredPartners Inc.
Topics Mergers & Acquisitions Aviation
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