Afore Insurance Expands Operations with Resolve Acquisition
Afore Insurance Services, LLC, has recently made a strategic move by acquiring Resolve Insurance Group, an independent insurance agency. This acquisition marks a notable expansion of Afore into Virginia and the Mid-Atlantic region, enhancing the company's capabilities and client service offerings.
Leadership Change
In line with this acquisition, Christopher G. Burns has been appointed as the Senior Vice President and National Marine Practice Leader. His expertise and leadership are expected to play a crucial role in expanding Afore's marine insurance services.
Strengthening Regional Presence
Following the acquisition, Resolve Insurance Group will operate under Afore's Mid-Atlantic Region, led by Brett D. Balsley, the Regional President. Balsley expressed enthusiasm about the acquisition, stating that Resolve has a strong reputation for service and community commitment within the marine market. He believes that the combination of Resolve's local presence and Afore's regional resources will enhance client service.
Expertise in Marine Insurance
Burns brings a wealth of knowledge with his experience working closely with vessel operators and maritime businesses. His vision for Afore's marine practice includes not just expanding services on the Eastern Seaboard and Gulf Coast but also building specialized programs that can effectively manage risk for firms in the maritime industry.
Investing in the Mid-Atlantic
This acquisition is part of Afore's broader investment strategy in the Mid-Atlantic region. Afore's recent transactions reflect its commitment to creating a strong regional platform supported by specialized expertise and a focus on client service excellence. Michael A. Garguilo, President & CEO of Afore, reiterated the company's dedication to becoming the premier independent insurance platform in the Eastern Seaboard.
Local Presence and Entrepreneurial Spirit
Afore's unique partnership-acquisition model appeals to independent agency owners who seek to enhance their specialties while maintaining operational control. With this acquisition, Afore continues to provide robust opportunities for growth without compromising the entrepreneurial spirit of the agencies they acquire.
About Afore Insurance Services, LLC
Afore Insurance Services is a prominent insurance brokerage acquisition platform that provides independent agencies the chance to collaborate with a top-100 national firm. This complicates its offerings by combining local leadership from acquired agencies with the extensive resources of Afore. Established in the 1970s, Afore has a history of more than 50 successful acquisitions and operates numerous offices across the nation, solidifying its position as one of the largest insurance brokers in the United States.
For More Information
For inquiries, please contact Holden King at Afore Insurance Services, LLC. You can reach him via phone at (770) 727-3268 or visit their official website at www.afore.insure.
Frequently Asked Questions
What recent acquisition did Afore Insurance Services make?
Afore Insurance Services recently acquired Resolve Insurance Group to expand its operations in the Mid-Atlantic region.
Who has been appointed as the National Marine Practice Leader?
Christopher G. Burns has been named the Senior Vice President and National Marine Practice Leader.
What is the significance of the Resolve acquisition for Afore?
The acquisition strengthens Afore's expertise and services in the marine insurance sector and enhances its local presence in Virginia.
How does Afore support independent insurance agencies?
Afore offers a unique partnership-acquisition model that allows agencies to enhance their services while retaining their local leadership and entrepreneurial spirit.
What is Afore's mission in the Mid-Atlantic region?
Afore aims to become the premier independent insurance platform in the Mid-Atlantic and greater Eastern Seaboard through strategic acquisitions and expertise.
