Risk Strategies Company Expands Into Texas, Acquires Dallas-Based McLaughlin Brunson
Augments Leading Architects and Engineers Professional Liability Practice in the Country
BOSTON, June 20, 2016 -- Risk Strategies, a leading national specialty insurance brokerage and risk management and consulting firm, today announced its entry into Texas with the acquisition of Dallas-based McLaughlin Brunson Insurance Agency, a prominent provider of professional liability, property and casualty and health insurance serving architects, engineers and certified professional accountants in Texas and Oklahoma.
Post-acquisition, the firm will be known as McLaughlin Brunson, a Risk Strategies Company, and will continue to operate with its current staff, led by its two principals, Joe A. Bryant and John Krantz. The acquisition boosts Risk Strategies' number of locations to 28 nationwide and augments the country's leading architects and engineers professional liability practice substantially. McLaughlin Brunson will gain access to more than 200 commercial lines markets, additional employee benefits capabilities, significant risk management resources and private client personal line expertise.
"McLaughlin Brunson has been an established leader in the Texas and Oklahoma market for architects and engineers professional liability risk management for many years," said Risk Strategies CEO Michael Christian. "This specialty focus and reputation for technical expertise makes McLaughlin Brunson a natural fit for Risk Strategies as we continue to build out our professional liability practice."
Risk Strategies Company's professional services group currently represents more than 4,000 design professional and consulting firms. These firms reflect a broad cross section of business types, from sole proprietorships to ENR 40 firms with thousands of employees.
"Maintaining a leading position as a premier professional liability and employee benefits specialist requires constant evolution," said Joe A. Bryant, managing partner, McLaughlin Brunson. "Risk Strategies' leading national practices in these areas will materially benefit our clients from day one."
Spurred by rapid growth, Risk Strategies formally launched its national Professional Practices Group in 2013. In addition to McLaughlin Brunson, Risk Strategies has acquired a several firms with specialty focus in professional liability for architects and engineers over the past three years, including Nashville-based Crow Friedman Group in and New-Jersey-based Singer Nelson Charlmers in 2014 as well as Chicago-based MG Welbel & Associates in 2015.
"Business is constantly changing, and we want to be sure we can always provide our clients the right resources to meet any challenge they face," said John Krantz, partner, McLaughlin Brunson. "Joining Risk Strategies ensures we can do that while maintaining the people and practices our clients have come to know and rely on."
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.