Neace Ventures invests in Afore Insurance

Afore Insurance Services  has secured a strategic investment from Neace Ventures, marking a major milestone in the company’s national expansion. As part of the deal, Neace Ventures founder and insurance industry veteran John Neace joins Afore’s board as Vice Chairman.

The partnership includes a portfolio of agency acquisitions under Letter of Intent from Neace Ventures, which Afore will now complete, accelerating its growth and distribution capabilities across the country.

Neace is best known as the founder of Neace Lukens, a regional brokerage acquired in 2011 by AssuredPartners in its first platform deal—a move that helped shape one of the largest brokerages in the US.

With roots dating back to the 1970s, Afore has acquired over 50 independent agencies and operates them through tailored structures that keep local leadership in place, delivering on its mission of “Prosperity in Partnership.”