Afore Insurance Expands Leadership by Acquiring TailoredRisk
Afore Insurance Expands Leadership by Acquiring TailoredRisk
Afore Insurance Services, LLC, a prominent provider of insurance solutions, has successfully completed its acquisition of TailoredRisk Insurance Advisors, LLC. This strategic move is set to enhance Afore's presence in the near-affluent and high-net-worth personal lines market. Along with the acquisition, Afore announced the appointment of John Paolini as Executive Vice President of its National Personal Lines Division, a role that aims to elevate the company's service offerings and commitment to its clients.
Strengthening Market Focus and Client Services
This acquisition is not merely a business transaction; it exemplifies Afore's dedication to personalized service and innovation in the industry. Afore’s President & Chief Executive Officer, Michael A. Garguilo, expressed enthusiasm about John Paolini joining the team, praising his exceptional talent and vision for the company. Paolini's experience in personal insurance will be crucial as Afore continues its trajectory toward growth in underserved markets, aligning well with the company’s objectives.
John Paolini: A Visionary Leader
With a remarkable career spanning over three decades, John Paolini has made a name for himself as an industry leader known for delivering outstanding client results. As he steps into his new role at Afore, he reflects on the alignment of values between TailoredRisk and Afore. By uniting their strengths, Paolini aims to enhance the client experience significantly with a seamless insurance service model.
Key Features of the Acquisition
Seamless Integration of Teams
One of the key highlights of this acquisition is the complete integration of TailoredRisk's employees into Afore. This move allows for TailoredRisk to operate under the Afore brand while utilizing the company’s extensive national capabilities and resources. Clients will benefit from a broader range of services and support across diverse geographies.
Enhanced Leadership and Strategic Growth
With the appointment of Paolini, Afore intends to leverage his extensive experience to bolster its National Personal Lines Division. His leadership complements the recent promotions within the company, including Andrew Muller as Executive Vice President of Strategy & Partnerships and Anthony Prete as Senior Vice President & Chief Operating Officer. This strategic alignment is designed to foster rapid growth and innovative solutions for clients.
Afore's Strategic Goals and Continued Success
This acquisition builds on Afore's recent performances, including the onboarding of industry veterans to its Board of Directors and a series of strategic acquisitions since the previous year. These milestones reflect Afore's focused approach toward growth through strong leadership. The blending of rich industry experience and best-in-class capabilities positions Afore well for future success.
About Afore Insurance Services
Afore Insurance Services operates as an influential insurance brokerage platform, enabling independent agencies to connect with a top national firm for enhanced client services. With roots extending back to the 1970s, Afore has successfully merged with over 50 agencies. Operating under custom structures, the former owners and producers actively manage local client interactions. Currently, Afore stands as one of the largest insurance brokers in the United States, boasting over 20 offices nationwide.
Media Contact Information
Holden King
Phone: (770) 727-3268
Website: www.afore.insure
Frequently Asked Questions
What does the acquisition of TailoredRisk entail?
This acquisition strengthens Afore's position in the personal insurance market and enhances their service offerings to clients.
Who is leading the National Personal Lines Division?
John Paolini will serve as the Executive Vice President of the National Personal Lines Division.
How many agencies has Afore acquired?
Afore has successfully acquired over 50 independent insurance agencies since its inception.
What are the benefits for clients after this acquisition?
Clients will benefit from a broader range of services and enhanced support due to the integration of TailoredRisk employees.
What is Afore's market focus?
Afore is focused on serving the near-affluent and high-net-worth personal lines segment, providing tailored insurance solutions.
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