AssuredPartners Inc. has acquired National Insurance Services (NIS), headquartered in Brookfield, Wisconsin.
NIS is trusted by over 2,500 public sector organizations in 29 states for employee benefits consulting and brokerage services such as medical, dental, life, disability and vision insurance. In addition, as many as 600 schools, cities and counties have entrusted the Retirement Income Division with over 700 million dollars in deposits on behalf of employees and retirees in 403(b) plans, health reimbursement and flexible spending arrangements, employee benefit trusts and retirement incentive payouts.
The staff of 129 will continue operations under NIS’ President and CEO Bruce Miller.
NIS will continue its focus on the school and other public-sector markets and will provide additional distribution for AssuredPartners in the public sector.
NIS has additional locations in Eden Prairie, Minnesota; Canonsburg, Pennsylvania; Indianapolis, Indiana; Kalamazoo, Sterling Heights and Ann Arbor, Michigan; and Omaha, Nebraska.
AssuredPartners Inc. is headquartered in Lake Mary, Florida, and led by Jim Henderson and Tom Riley.
Source: AssuredPartners Inc.
Topics Mergers & Acquisitions
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