Eric Korpalski Appointed Chief Financial Officer at Afore Insurance Services

Afore Insurance Welcomes Eric Korpalski as CFO

In a significant move, Afore Insurance Services, LLC has announced the appointment of Eric Korpalski as its new Chief Financial Officer. This strategic decision aligns with Afore's ambition for national expansion within the independent insurance agency sector. Korpalski brings a wealth of experience from the insurance industry, particularly in financial planning, analysis, and integration of acquired firms.

Afore's growth trajectory has been impressive, and Korpalski's extensive tenure at Accession Risk Management Group — the parent entity of Risk Strategies and One80 Intermediaries — is expected to bolster this momentum. His experience in steering brokerage platforms through rapid growth phases makes him an apt choice for Afore during this critical period.

As CFO, Korpalski will focus on enhancing financial reporting, developing scalable processes, and refining the company’s capital structure. His insights and strategies are anticipated to be crucial in supporting Afore's mission to elevate itself among the top 50 privately held insurance brokers in the U.S. The previous CFO, Michael Hines, retired in July, paving the way for Korpalski’s entry into this pivotal role.

Michael A. Garguilo, the President and CEO of Afore Insurance Services, expressed his excitement at Korpalski's addition to the leadership team. He noted, “Eric’s depth of financial expertise and direct industry experience strengthen Afore's ability to execute on its unique strategy. His addition reflects our continued success in attracting top industry talent to help drive our growth and create lasting value for our agency partners and stakeholders.”

Upon his appointment, Korpalski shared his enthusiasm: “I am exhilarated to join Afore at such a dynamic time in the company's journey. Afore has positioned itself as a trusted alternative option and forward-thinking partner for independent agencies. I look forward to working with Mike and the leadership team to accelerate the company's growth trajectory and help solidify its place among the industry's leading brokerages.”

Korpalski’s recruitment follows a series of strategic moves by Afore, including bringing seasoned industry professionals like John Neace as Vice Chairman and John Paolini as head of its Personal Lines division. These appointments, along with the recent agency acquisitions, signal Afore's commitment to establishing a strong market presence.

Founded in the 1970s, Afore Insurance Services has emerged as a considerable player in the U.S. insurance brokerage sector, having successfully acquired over 50 independent agencies. By offering these agencies the opportunity to join one of the nation’s top 100 largest firms, Afore seeks to enhance client service while preserving local governance. With over 20 offices across the country, the company continues to revolutionize the independent insurance sector by allowing former owners to lead local client sales and service.

As Eric Korpalski steps into his new role, the insurance community will be watching closely to see how his financial strategies and insights will contribute not only to the growth of Afore but also to the broader landscape of insurance brokerage in the U.S. Afore is not just about expansion; it's about fostering relationships and creating values that resonate with their partners and clients alike. With a leadership team now firmly established behind its strategic vision, Afore is poised for a bright future in the insurance brokerage domain.