King Risk Partners, an insurance broker with offices across the Eastern and Southeastern United States, has announced the acquisition of The Insurance Center, an independent insurance agency based in Warwick, Rhode Island.
The acquisition marks King Risk Partners’ continued expansion into local markets across the region.
The Insurance Center has provided insurance services to individuals, families, and businesses in Rhode Island for more than 50 years. The agency offers personal, business, and life insurance products and has built longstanding relationships with clients across the state.
Malcolm King, CEO of King Risk Partners, said The Insurance Center’s reputation, industry expertise, and client relationships align with the firm’s strategy of growth through partnerships with established agencies.
King also said the acquisition expands the brokerage’s presence in Rhode Island and supports its efforts to provide local service to clients.
According to Tracxn, King Risk Partners completed 21 acquisitions between 2021 and the end of 2024. The firm’s most active year was 2022, when it closed 10 transactions.
In February, King Risk Partners announced the acquisition of the Kerr Agency Inc., an independent insurance agency based in Simsbury, Connecticut. The Kerr Agency has provided personal and business insurance to clients in Simsbury and across Connecticut since 1927.
Also in February, King Risk Partners expanded its presence in Ohio through the acquisition of Dayton-based Barker, Beck, Collins & Kronauge Agency. Founded in 1923, BBC&K offers personal and commercial insurance, as well as group health and long-term care services.
In January, the brokerage completed two additional acquisitions in Florida. The first was Bruce Hendry Insurance, an independent insurance agency located in Immokalee.
The second was Viper Risk Management Group, a firm providing specialized insurance solutions for industries including racetracks and motorsports, manufacturers, part warehouses, restaurants and taverns, construction, transportation, retail services, and distribution.
In December, King Risk Partners acquired Talbert Insurance Services, a Duluth, Georgia-based agency that has provided insurance services to clients across the state for more than 40 years.
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