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Rice Insurance Services Co. acquired by AssuredPartners

LOUISVILLE, Ky. — AssuredPartners Inc. has acquired Rice Insurance Services Co. LLC of Louisville, Kentucky.  AssuredPartners is the 12th-largest broker of U.S. business, with about $1.4 billion in annual brokerage revenue.  The company has around 7,500 employees throughout North America, Scotland, Belgium, and London.

Rice Insurance Services Co. LLC, reports $6 million in annualized revenue and has 27 employees.  The company concentrates on real estate errors and omission programs.