AFORE ACQUIRES INNOVATIVE INSURANCE TO EXPAND INTO TENNESSEE

• Afore Insurance Services, LLC announced that it acquired the assets of Broussard and Associates, Inc. (dba Innovative Insurance Services), strategically entering the vibrant Tennessee market and adding an office location in the Nashville metropolitan area.
  
  
• Kimberlee Broussard, Thomas Broussard, and all their existing employees will join Afore to expand its commercial and personal lines insurance business throughout the state. This strategic move will allow Afore to strengthen its presence in Tennessee and provide Innovative Insurance with the resources to support its rapid growth.

ALPHARETTA, Ga., Feb. 10, 2025 /PRNewswire/ -- Afore Insurance Services, LLC (Afore) announced today the acquisition of Franklin, Tennessee-based Broussard and Associates, Inc. doing business as Innovative Insurance Services. Principals Kimberlee and Thomas Broussard and all of Innovative's existing employees have joined Afore as part of this acquisition. The financial terms of the deal have not been disclosed.

Independent insurance agencies increasingly see Afore as an attractive buyer and partner.

Adding Tennessee to its national footprint, Afore recently announced several other acquisitions, including new buys in New Jersey, South Carolina, and Florida. The company plans to continue expanding its presence across the United States.

Michael A. Garguilo, President and Chief Executive Officer of Afore, commented, "We are thrilled to add Kim and Thomas Broussard and their team members to Afore as we join forces to enhance client service and grow together in Tennessee.  We are honored that they chose us as their partner to take their rapidly growing business to the next level."

Kim Broussard shared her view of the Afore partnership, stating, "We found a partner in Afore that shares our values for client service and satisfaction. Their willingness to invest in us and our team was the deciding factor in choosing them as a growth resource."

About Afore Insurance Services, LLC:

Afore Insurance Services is a consolidated insurance brokerage acquisition platform offering independent insurance agencies the opportunity to partner with a top 100 national firm to better serve clients. With roots going back to the 1970s, Afore has successfully acquired over 50 agencies and operates them under custom operating structures where (former owner) principals and producers direct client sales and service activities locally.  Today, Afore is one of the largest insurance brokers in the US, with 20+ offices nationwide.

About Broussard and Associates, Inc. and Innovative Insurance:

Broussard and Associates, Inc. (dba Innovative Insurance Solutions) was launched in 2018 by Kimberlee Broussard and her son Thomas Broussard. Their rapidly growing agency writes commercial and personal lines property and casualty coverage for businesses and individuals throughout Tennessee and the surrounding states.

For more information:

Holden King
Afore Insurance Services, LLC                    
3480 Preston Ridge Rd., Suite 500
Alpharetta, GA 30005                                   
(770) 727-3268                                                         
kingh@afore.insure   
www.afore.insure

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SOURCE Afore Insurance Services, LLC