Select Risk Services: A fast-growing boutique agency not trying to be "everyone's broker"

It was named one of IBA's Fast Brokerages for 2022

Select Risk Services: A fast-growing boutique agency not trying to be "everyone's broker"

Insurance News

By Ryan Smith

Founded in 2018, Select Risk Services has quickly become one of the fastest-growing family-owned and operated independent wholesale brokerages in the country. Its stellar growth led to it being named one of IBA’s Fast Brokerages for 2022. The Fast Brokerages list honors brokerages that have maintained a growth rate of more than 20% over the past two calendar years.

Select Risk Services is a boutique and highly specialized excess and surplus wholesale brokerage firm. It has brown quickly due to the work ethic and expertise of its team members. The brokerage focuses on providing a more detail-oriented, collaborative, and value-added service to their carrier and agency partners. Select Risk Services structures its broker service teams to optimize speed and accuracy in order to get its partners what they need, within the time frame they need it.

Core to the company’s business model is a selectiveness with its partners and the type of accounts the firm works on. Select Risk only works on accounts in which it is highly specialized and experienced in placing. The company said it was select in its strategy, rather than trying to be “everyone’s broker.” This selective approach fosters deeper, more meaningful partnerships with underwriters and agents.

The firm’s team includes multi-line coverage experts that are well-equipped to write all lines of an account in a consultative, detailed and strategic manner. Select Risk brings to the table exceptional coverage expertise, in-depth understanding of the classes of business it entertains, and a commitment to superior work performance, the company said.

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