AssuredPartners announces opening of new office in Belgium
AssuredPartners, the fastest growing independent insurance agency in the United States, is excited to announce that it will be expanding its operations into mainland Europe by opening an office in Belgium in January 2021. Establishing a base in Europe will allow AssuredPartners to engage with a new market place as it continues to look for agencies to partner with in the future.
Founded in 2011 and with revenue in excess of $1.6 billon, AssuredPartners is now operational in 34 states across the US and is growing its presence in London and across the UK, both organically and via acquisition. The Brussels-based operation, AssuredPartners, will be a platform from which to expand the group’s reach in providing bespoke insurance solutions to the financial institutions sector and to develop its footprint in the W&I space across mainland Europe. In addition, the AssuredPartners London office is a leading specialty lines broker with a particular expertise in placing Professional Indemnity, Directors & Officers and all forms of liability policies arising from M&A transactions.
David Heathfield, CEO of AssuredPartners in the UK, and who will be leading the growth into Europe commented, “Many of our FI clients already have significant operations in Europe and with the launch of our new W&I team, expansion into Europe was always going to be the next step. Brexit has certainly focussed the mind and in doing so we have been reminded of the opportunities available to an independent specialty broker such as ourselves and we are excited about what the future holds as we expand.”
In the last nine years, AssuredPartners has partnered with over 320 agencies and will be applying that experience to help identify further acquisition targets in key European jurisdictions that share the values upon which AssuredPartners has been built.