CHARLESTON, W.Va.-- West Virginia-based Commercial Insurance Services has a new business partner, Assured Partners.
"This partnership will allow for greater volume with our insurance companies," said Commercial Insurance partner Raye King White. "With volume comes more attention and interest in our state."
Assured Partners is based in Florida. The investment group specializes in finding high performing insurance agencies who meet a certain criteria, White said.
Assured Partners purchased Commercial Insurance's assets in the deal.
"That's the beauty of this deal versus being folded into another company," King said.
Founded in 1932, Commercial Insurance Services specializes in commercial insurance, employee benefits services, health care reform consulting, workers' compensation, risk management, human resource consulting, claims management and personal insurance lines.
"The only change will be having a new partner," White said. "Every one of our clients will continue to be our clients and always be a top priority for us."
The firm represents both individuals and companies as clients.