Afore's Strategic Acquisition Boosts Insurance Services Growth
Afore Insurance Services Expands Reach with Strategic Acquisition
Afore Insurance Services, LLC has made a significant move by acquiring the assets of Broussard and Associates, Inc., known as Innovative Insurance Services. This strategic acquisition marks Afore's entry into a new market, strengthening its position and diversifying its offerings.
Strengthening Company Presence and Resources
The partnership includes the integration of Kimberlee Broussard, Thomas Broussard, and their dedicated team into Afore, allowing the company to broaden its commercial and personal lines insurance services. This collaboration will enable Afore to fully utilize its extensive resources to support Innovative Insurance’s impressive growth trajectory.
Enhancing Client Service Across the Board
By welcoming the Broussards and their team, Afore aims to boost client service within the community. Michael A. Garguilo, the President and CEO of Afore, expressed excitement about this union: "We are thrilled to add Kim and Thomas Broussard and their team to Afore. Together, we will enhance client service and grow in Tennessee. Their selection of us as a partner to elevate their business is an honor."
Values Aligned for Growth
In a shared sentiment, Kim Broussard remarked on the partnership, stating, "We found a partner in Afore that aligns with our values regarding client service and satisfaction. Their commitment to investing in our team was pivotal in choosing them for our growth journey." This partnership not only signifies growth but also reinforces Afore's dedication to quality service.
Expansion Plans Beyond Tennessee
This acquisition is part of Afore's broader growth strategy. Recently, the company has announced multiple acquisitions in different states, including regions like New Jersey, South Carolina, and Florida. With plans to continue expanding across the United States, Afore is positioned as a prominent player in the insurance brokerage market.
About Afore Insurance Services, LLC
Afore Insurance Services operates as a robust brokerage acquisition platform, catering to independent insurance agencies. Established in the 1970s, Afore has successfully acquired over 50 agencies, ensuring that former owner principals manage client relations locally. Now recognized as one of the largest insurance brokers in the U.S., Afore operates across more than 20 offices nationwide, providing unrivaled support to its partners.
About Broussard and Associates, Inc. and Innovative Insurance
Broussard and Associates, which operates under the name Innovative Insurance Solutions, was founded in 2018 by Kimberlee and Thomas Broussard. They focus on providing both commercial and personal lines of property and casualty coverage across the state, establishing a reputation for growth and excellence in client service.
Contact Information
For inquiries related to this acquisition or Afore's services, you can reach out to:
Holden King
Afore Insurance Services, LLC
3480 Preston Ridge Rd., Suite 500, Alpharetta, GA 30005
(770) 727-3268
www.afore.insure
Frequently Asked Questions
What was the significant acquisition made by Afore Insurance Services?
Afore Insurance Services acquired the assets of Broussard and Associates, Inc., known as Innovative Insurance Services, enhancing their market presence.
Who are the key individuals involved in this acquisition?
Kimberlee Broussard and Thomas Broussard, along with their team, joined Afore as part of this acquisition.
What is the strategic importance of this acquisition for Afore?
This acquisition allows Afore to strengthen its commercial and personal lines insurance business and provides additional resources for rapid growth.
How many offices does Afore Insurance Services operate?
Afore operates over 20 offices across the United States, making it one of the largest insurance brokers in the country.
What services does Broussard and Associates offer?
Broussard and Associates provides commercial and personal lines property and casualty coverage for businesses and individuals in Tennessee and surrounding areas.
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