AssuredPartners, through its subsidiary AssuredPartners Gulf Coast Insurance Agency, has purchased Landry Harris & Co in Lafayette, as parts of its ongoing expansion strategy.
AssuredPartners believes that the acquisition of Landry Harris & Co, which specializes in commercial insurance, bonds, employee benefit programs and personal insurance, will supports its corporate growth strategy by establishing its presence in a new market.
Under the terms of the transaction, the acquired entity and its 37 staff will join AssuredPartners Gulf Coast Insurance Agency.
Furthermore, local operations will continue at 600 Jefferson Street in Lafayette, under the management of Landry Harris principals Mark Landry and Frankie Harris.
Landry Harris & Co principal Mark Landry said, "Since 1950, Landry Harris has remained committed to the success of our clients and staff members. Joining AssuredPartners Gulf Coast allows the Landry Harris team to provide enhanced insurance products and services to our clients."
"We are excited to protect our clients’ businesses and families in new ways as part of AssuredPartners Gulf Coast Insurance Agency."
Most recently, AssuredPartners, through its subsidiary Assured SKCG, purchased MHB Insurance, located in Peekskill, New York, that specializes in insurance for businesses, municipalities and individuals, and provides life, health and employee benefits services.
Headquartered in Lake Mary, Florida AssuredPartners acquires and invests in insurance brokerage businesses including property and casualty, employee benefits, surety, MGA/wholesalers across the US and in London.
————————————————————————————————————————————————————————Image: AssuredPartners purchases commercial insurer Landry Harris & Co. Photo: courtesy of adamr.