Murray Insurance Associates, Inc. Asset Profile

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Year established

1930

Location

Lancaster PA US

Primary Industry

Insurance

About

Based in Pennsylvania, US, and founded in 1930 by Paul G. Murray, Murray Insurance Associates, Inc. is an insurance broker that provides sound financial and risk management advice serving the Mid-Atlantic and Eastern States Regions of the US. The company started out by selling bonds and insurance products. In 2012, the company acquired Securus Group. The company's total revenue in 2020 was USD 31 million. In January 2021, the company was acquired by AssuredPartners. The company provides smart solutions for risk management, commercial insurance, personal insurance, employee benefits, third-party administration, and financial services for businesses, employees, and families. The company's revenue is generated by offering different types of insurance products and services to its customers.

Current Investors

AssuredPartners, Inc.

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Primary Industry

Insurance

Sub Industries

Consulting Services, Reinsurance, Personal Insurance, Insurance Intermediaries, Health Insurance, Commercial Insurance, Claims Administration & Processing

Website

www.murrayins.com

Company Stage

Add-on

Total Amount Raised

Subscriber access only

Deals

Deals Type
Add-on

Deal Status	Target (s)	Deal Date	Investor(s)	Seller(s)	Deal size (Mn)	Enterprise value (Mn)	Post-money valuation (Mn)	EBITDA multiple (x)	Revenue multiple (x)	Lead partner (s)
Completed	Murray Insurance Associates, Inc.	21 Jan 2021

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