2017 | Press Release

Oct 17, 2017 – AssuredPartners announces acquisition of Synergy Professional Associates

AssuredPartners Announces Acquisition of Synergy Professional Associates
Professional Liability Specialists Join Growing Team in New Jersey
LAKE MARY, FL – October 17, 2017 – AssuredPartners, Inc. is delighted to announce the
acquisition of Synergy Professional Associates of Fairfield, NJ. Synergy Professional Associates
is an established managing general agent and wholesale insurance intermediary devoted to
professional liability and program development. The staff of 18 will continue operations under
the leadership of Ira Dawer, Michele McCrohan and Maggie Rendeiro. The agency currently
reports approximately $4.3 million in revenues.
“Synergy Professional Associates was founded as a boutique gateway for specialized professional
liability programs. Our programs allow markets and carriers to reach customers outside of the
broad categories and general needs of their typical Insured. The Synergy team has a reputation
for finding markets and equipping our brokers with strategic insurance options.” said Ira Dawer.
“The Synergy model is proficient and very flexible making us highly effective in providing
informative solutions to professional liability risk problems. We feel that this model coupled
with AssuredPartners nationwide presence and services will be a boundless partnership that will
give Synergy the opportunity to develop other professional liability programs that address
specific niches not currently served by standard insurance products.”
“We are pleased to have the clients and employees of Synergy Professional Associates join
AssuredPartners.” said AssuredPartners President and COO Tom Riley. “The team is fast,
knowledgeable and well known in the professional liability space and aligns well with our
existing operations in the New Jersey area.”
ABOUT ASSUREDPARTNERS, INC
Headquartered in Lake Mary, Florida and led by Jim Henderson and Tom Riley, AssuredPartners,
Inc. acquires and invests in insurance brokerage businesses (property and casualty, employee
benefits, surety and MGU’s) across the United States and in London. From its founding in March
of 2011, AssuredPartners has grown to over $890 million in annualized revenue and continues to
be one of the fastest growing insurance brokerage firms in the United States* with over 200
offices in 30 states, Canada and London. Since 2011, AssuredPartners has acquired more than
190 insurance agencies. For more information, please contact Dean Curtis, CFO, at 407.708.0031
or dcurtis@assuredptr.com, or visit www.assuredpartners.com. Business Insurance in the July
2017 edition, featuring the “100 largest brokers of U.S. business.”
Mystic Capital Advisors Group, LLC represented Synergy in the transaction. For more
information on Mystic Capital, please contact Kevin P. Donoghue at 212-251-0972 or visit
www.mysticcapital.com.

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