The Liberty Company Insurance Brokers (Liberty) has strengthened its financial position by expanding its syndicated credit facility by an additional $100 million, with JPMorgan Chase leading the financing effort.
This expansion builds upon Liberty’s $340 million credit facility secured in August 2023 and is strategically designed to support the company’s growth initiatives.
Liberty says that the additional capital will fund the company’s expansion through mergers and acquisitions and the development of specialized industry services.
Liberty also plans to use the capital to extend its market presence through acquisitions and enhance its insurance product offerings. Liberty says that the investment aligns with the company’s objective of adapting to evolving industry needs while maintaining its competitive position.
In addition to fueling business growth, the funding will contribute to employee development and professional advancement, reinforcing Liberty’s dedication to attracting and retaining top talent. The company remains focused on innovation and superior client service as it continues to expand its portfolio and market footprint.
Beyond this latest capital infusion, Liberty has also strengthened its leadership team, appointing Adam Azamey as Vice President, Producer. Additionally, the brokerage recently made strategic hires to bolster its expertise in key sectors, including entertainment, transportation, environmental, and construction industries.