Ascension Insurance Inc. has acquired of Employers Mutual Inc., based in Stuart, Fla.
Headquartered in Kansas City, Mo., Ascension is a nationwide insurance and employee benefits agency providing high-level brokerage and risk management services specifically to middle-market companies nationwide. With its private equity partners, Parthenon Capital and Century Capital Management, Ascension Insurance Inc., expects to grow to $200 million in revenue over the next five years.
Employers Mutual Inc. specializes in self-funded workers compensation, property and liability, as well as providing brokerage services in the areas of property and casualty and employee benefits to the Florida marketplace.
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