GTCR Forms Insurance Brokerage Platform

GTCR is partnering with Jim Henderson and Tom Riley to form Assured Agencies, which will acquire and invest in property and casualty and employee benefits brokerage businesses. GTCR intends to invest up to $250 million in the new company. Mr. Henderson will be serving as Assured Agencies' CEO, while Mr. Riley will serve as its COO and president. Both have previously worked at Brown & Brown.