Announced
Synopsis
AssuredPartners, an insurance broker, agreed to acquire Tutton Insurance Services, insurance company. The team of 57 will remain under the operational leadership of Bill Tutton. The agency currently reports revenues estimated at $11m annually. Financial terms were not disclosed. The company's line of business includes providing insurance agent and broker services for a range of insurance types. “Tutton Insurance is built on expertise and relationships. We believe building personal relationships with our clients is the key to success. We have a passion for developing partnerships and can continue to build upon this foundational principle by partnering with AssuredPartners,” Bill Tutton, Tutton Insurance Services CEO. “As we continue to expand operations and build partnerships in the California marketplace, we welcome the clients and employees of Tutton Insurance Services. The dedicated team excels in providing exceptional service and is a welcomed addition to AssuredPartners,” Tom Riley, AssuredPartners President and COO.
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