AssuredPartners Inc, which is backed by GTCR, has named D. Michael Sherman as vice chairman. In addition to his new role, Sherman will continue as chairman and CEO of Dawson Companies, a platform company of AssuredPartners. Headquartered in Lake Mary, Florida, AssuredPartners is an insurance agency.
LAKE MARY, Fla. (PRWEB) May 05, 2015
AssuredPartners Inc., one of the fastest growing independent insurance agencies in the U.S., announces today the appointment of D. Michael Sherman as Vice Chairman. In this newly created position, Mr. Sherman will focus on leadership development and the continued expansion of AssuredPartners. He is based in Naples, Florida and will report to AssuredPartners Chairman and CEO, Jim Henderson.
Mr. Sherman will also continue his current role as Chairman and CEO of Dawson Companies, an AssuredPartners platform company with offices in Ohio, Virginia, North Carolina and Florida. Sherman joined Dawson in 1978 and has held several leadership and executive roles within the company.
Commenting on the appointment, Jim Henderson stated, “Mike and the Dawson leadership team are a cornerstone of the building of AssuredPartners. Their high quality and standards have attracted like kind of insurance professionals, a key component to our success.”
Mr. Sherman has over 40 years of experience in the insurance industry. He attended Alma College in Alma, Michigan as an undergraduate and earned his MBA from Baldwin Wallace College in Berea, Ohio.
ABOUT ASSUREDPARTNERS, INC.
Headquartered in Lake Mary, Florida and led by Jim Henderson and Tom Riley, AssuredPartners Inc. is a portfolio company of Chicago-based private equity firm GTCR. AssuredPartners acquires and invests in insurance brokerage businesses (property and casualty, employee benefits, surety and MGA/wholesalers) across the United States and in London. From its founding in March of 2011, AssuredPartners has grown to approximately $475 million in annualized revenue and continues to be one of the fastest growing insurance brokerage firms in the United States* with over 120 offices in 30 states and two London offices. Since 2011, AssuredPartners has acquired more than 90 insurance agencies. For more information, please contact Dean Curtis, CFO, at 407.708.0031 or dcurtis(at)assuredptr(dot)com, or visit http://www.assuredptr.com.