Risk Strategies Acquires Dallas-Based RiskPro Global Partners
Full-service brokerage adds to growing presence in Texas market
BOSTON, December 11, 2018 -- Risk Strategies, a leading national specialty insurance brokerage and risk management and consulting firm, today announced the acquisition of RiskPro Global Partners, a full-service property and casualty and employee benefits firm headquartered in Dallas, Texas. Terms of the deal were not disclosed.
Founded in 2017 by long time Texas-based industry veterans Gary Griffith and Travis King, RiskPro Global Partners focuses on a number of industries that complement existing Risk Strategies markets, including real estate, financial services, hospitality, healthcare, construction, and technology, as well as practice focuses such as employee benefits, executive risk and cyber liability.
“We believe that delivering value for clients in today’s complex, fasted-paced business world requires specialized knowledge,” said Risk Strategies CEO and founder, Mike Christian. “We saw in RiskPro Global Partners an organization of smart people who understood their market and the industry.”
With additional offices in both Austin and Houston, RiskPro Global’s business activity has focused on growth opportunities throughout Texas and the Southwest. Its operations will enhance Risk Strategies’ existing capabilities in the state while offering a strong footing for further expansion.
“By joining a leading national specialty firm, we can provide our clients with deeper, relevant resources and broader market access,” said RiskPro Global Partners Founder, Gary Griffith. “We’ll also be able to more effectively grow our business in the state and region by expanding our professional broker recruitment and merger and acquisition activities.”
Risk Strategies established its Texas presence with the 2016 acquisition of Dallas-based McLaughlin Brunson Associates, a specialist in professional liability and employee benefits for architecture, engineering and design firms. In September of this year, the company announced its acquisition of Select Insurance Markets/Preferred Personal Insurance Agency, a Houston-based firm focused on private lines insurance.
To learn more about Risk Strategies, please visit www.riskstrategies.com
About Risk Strategies
Risk Strategies is the 9th largest privately held US brokerage firm offering comprehensive risk management advice, insurance and reinsurance placement for property & casualty, employee benefits, private client services, as well as consulting services and financial & wealth solutions. With more than 30 specialty practices, Risk Strategies serves commercial companies, nonprofits, public entities, and individuals, and has access to all major insurance markets. Risk Strategies has over 100 offices including Boston, New York City, Chicago, Toronto, Montreal, Grand Cayman, Miami, Atlanta, Dallas, Nashville, Washington DC, Los Angeles, and San Francisco. RiskStrategies.com.