Franchise Model Britely Insurance to Acquire Empire State Brokerage

Florida-based Britely Insurance reports it has agreed to acquire the assets of Empire State Brokerage Services, a Plainview, New York based wholesale broker operating in more than 25 states. The transaction is expected to close in July of 2022.

David Schepsman, president at Empire, and his team bring decades of experience in commercial insurance markets including restaurants, contractors healthcare, real estate and nonprofits, according to its website.

Its online Empire Express service allows agents to quickly obtain quotes for businessowners, general liability, workers compensation and professional liability accounts. Empire also has regional offices in South Carolina and Massachusetts.

Britely is an insurance distribution franchise platform. It offers access to personal lines, commercial lines, small group and individual health insurance markets. Through its subsidiary, Britely Medical Insurance Services, it also provides specialized products and services to the medical community.

Greg Roper, CEO at Britely, is former CEO of Integrity Funding Group.

The company recently added two industry veterans— Tom Lynch and Jason Murgio — to its advisory board. Lynch is the founder of the workers’ compensation consulting firm Lynch, Ryan & Associates. Murgio serves as the CEO and owner of Merger & Acquisition Services, Inc., an insurance-focused boutique investment banking firm.