Ontario-based StoneRidge Insurance Brokers (SIB) has partnered with Robert Potts, previously of NFP Canada, to form Accelerated Insurance & Risk Management Services.
Accelerated Insurance offers exclusive and targeted programs for the transportation sector, according to a news release. These initiatives encompass solutions for the standard market and captive and alternative risk spaces.
“I am extremely excited for the opportunity to build a business where the core philosophy and focus is based on providing value to clients,” said Potts, who serves as managing partner of the firm.
“It has always been my passion to help clients become safer operators, save money, and grow their businesses. Now I can promote this vision moving forward.”
Potts has over two decades of expertise in the transportation and logistics sector. According to his LinkedIn page, he was vice president for transportation at NFP Canada from January 2020 to December 2023. He also spent 17 years at Dalton Timmis Insurance Group and held a five-year tenure as vice president of transportation sales.
SIB president and CEO Ted Puccini highlighted the significance of its joint venture with Potts and Accelerated Insurance.
“We are very excited about this joint venture opportunity with Robert Potts and Accelerated Insurance,” said Puccini.
“Robert will bring a tremendous amount of experience and industry knowledge to the SIB team. He is a great fit for our client-oriented and sales-minded culture.”
SIB’s latest partnership comes after it announced the acquisition of Safeway Insurance. The move contributed to SIB’s personal and commercial insurance presence in the Greater Toronto Area.
“SIB has completed seven transactions so far in 2022, with another three transactions expected to close by the end of the year,” Puccini said in a statement released last November.
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