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Assured Neace Lukens
AssuredPartners NL (formerly ''Assured Neace Lukens'') is an insurance brokerage firm founded in 2011 by John Neace and Joe Lukens. With headquarters in Louisville, Kentucky, the company has more than 500 licensed agents and more than 850 employees operating in 38 states and 2 countries. History The company Assured Neace Lukens was founded in 1991 by John Neace and Joe Lukens. In September 2011, Neace Lukens was acquired by AssuredPartners, Inc.; AssuredPartners, Inc., in turn, is owned by Apax Partners. Management Currently, Randy Larsen is a President of AssuredPartners NL. Former presidents * Todd Stocksdale *Larry Schaefer Jim Henderson is the company's Chairman and CEO. A leadership team consists of 9 people. Acquisitions AssuredPartners Inc. made 204 acquisitions at all. During 2021, the company acquired 14 enterprises. In 2018, AssuredPartners Inc. has acquired Cornerstone Insurance Group. In 2012, the company owned Morehead Insurance, Arison Insurance Se ...
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Insurance
Insurance is a means of protection from financial loss in which, in exchange for a fee, a party agrees to compensate another party in the event of a certain loss, damage, or injury. It is a form of risk management, primarily used to hedge against the risk of a contingent or uncertain loss. An entity which provides insurance is known as an insurer, insurance company, insurance carrier, or underwriter. A person or entity who buys insurance is known as a policyholder, while a person or entity covered under the policy is called an insured. The insurance transaction involves the policyholder assuming a guaranteed, known, and relatively small loss in the form of a payment to the insurer (a premium) in exchange for the insurer's promise to compensate the insured in the event of a covered loss. The loss may or may not be financial, but it must be reducible to financial terms. Furthermore, it usually involves something in which the insured has an insurable interest established by ...
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