In 2015, Hope Aviation Insurance unveiled its 5-year strategic plan that we conveniently titled, “2020 Vision.” A key element of this plan has been business continuity – building a succession framework for transitioning equity ownership and developing the next generation of leadership. Today, we are excited to report the fruition of this phase by announcing that Hope Aviation has joined forces with one of the largest insurance brokerage firms in the country, AssuredPartners, Inc.
Headquartered near Orlando in Lake Mary, Florida, AssuredPartners acquires and invests in insurance brokerage businesses across the United States and in London. From its founding in March of 2011, AssuredPartners has grown to over $890 million in annualized revenue with over 200 offices in 30 states, Canada and London.
The good news for our clients and industry friends is that it will be “business as usual” for us as we’ll still be trading under the Hope Aviation Insurance name; still remain headquartered in Columbia, SC; and still offer our best-in-class service with the same talented and dedicated staff, including Marion Hope, Stuart Hope, and Mena Hope-Gardiner actively involved in daily operations.
The better news is that the AssuredPartners model is indeed one of operational independence whereby they identify and acquire agencies that are leaders in their respective areas of expertise, then allow them to continue to run independently, albeit with significantly more capabilities, resources and depth than ever before. We would never have entertained an acquisition were it to mean anything less, both for our clients and for our employees.
As we now work to refresh our strategic plan in light of this success, we aim to capture the spirit of collaboration and opportunity ahead. By moving “forward together” with our new professional partners, our people are now best positioned to move “forward together” with our clients and future clients. Stay tuned for more details!