AssuredPartners Inc. announced the acquisition of Murray Insurance Associates Inc. of Lancaster, Pennsylvania, AssuredPartners said in a recent statement.
The team of 170 from Murray Insurance will remain under the leadership of Murray Chairman, President, and CEO, Richard Rankin. The agency currently reports $31 million in annualized revenues, the statement said.
Richard Rankin commented, “Murray provides the smart solutions and deep expertise that help people be better prepared so they’re more secure. Our services vary widely, giving us the ability to create highly technical and tailored plans. We look forward to offering long-term security for our current and future clients alongside AssuredPartners.”
AssuredPartners Regional President, Brian Bair, stated, “at AssuredPartners, we focus on partnering with agencies that demonstrate a dedication to growth and partners who value building lasting relationships, and because of that, we are more than pleased to have the team from Murray join our operations.”
AssuredPartners CEO, Tom Riley added, “we are pleased to have another Top 100 agency join us. This partnership will strengthen our Pennsylvania operations as we continue to expand our services and footprint throughout that part of the region. We welcome the talented team and clients of Murray to AssuredPartners.”