Shepherd News

Shepherd Insurance Acquires AscendUSA

Carmel, IN – Shepherd Insurance & Financial Services has acquired AscendUSA of Indianapolis. Shepherd targeted AscendUSA because of their unique expertise in HR services and employee benefits. The AscendUSA team will be moving from their offices on North Meridian Street by the end of January to the Shepherd headquarters at 111 Congressional Boulevard, Suite 100 in Carmel.
 
This latest merger further strengthens the position that Shepherd Insurance holds as one of the state’s largest privately owned independent insurance agencies. This new acquisition will place Shepherd among the top five privately owned independent insurance agencies in the state of Indiana.
 
AscendUSA is in the process of changing its name on all communications to Shepherd Insurance. Until the renaming process is complete, you may see the AscendUSA name in benefits communications and on the Web.
 
The Founding Partners of AscendUSA, Joe Guzman and Steve Goodin, stated, “We could not be more excited about this merger. The combined strength of AscendUSA and Shepherd Insurance positions us to maximize our value proposition, which in turn allows us to best protect and advance our clients’ welfare interests well into the future. This is especially critical given the significant employee benefit challenges that employers face to ensure that they are properly informed and adequately prepared for Health Care Reform.”
 
CEO David Shepherd stated, “We are thrilled to bring AscendUSA to our team. We look forward to the additional intellectual capital, expertise, and resources they offer both our existing and prospective employee benefit clients.”
 
AscendUSA is an independent insurance agency that has focused solely in employee benefits area. Prior to its merger with Shepherd Insurance, AscendUSA was one of the top 25 largest agencies in the Indianapolis-area by employee size and premiums written. The AscendUSA team will continue to specialize solely in MBE-related opportunities, and includes the State of Indiana as a client. More information about AscendUSA is available at ascendusa.net.        
 
Shepherd Insurance & Financial Services is a full service independent insurance agency headquartered in Carmel, Indiana with locations across the state in Columbus, Seymour, Greenfield, and Evansville. More information about Shepherd Insurance is available at shepherdins.com.

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