Specialty insurance brokerage Risk Strategies has announced the acquisition of full-service insurance and employee benefits agency Meeker Sharkey & Hurley. Terms of the transaction were not disclosed.
New Jersey-based Meeker Sharkey & Hurley provides consultative risk management and insurance services across all lines of business, with special focus on non-profit organizations, financial institutions, manufacturing and distribution, public entities, higher education and high-net-worth individuals.
“Adding Meeker Sharkey & Hurley to the Risk Strategies family further strengthens our specialist approach to risk and New Jersey-based operations for clients and prospects,” said John Scroope, national director of retail operations for Risk Strategies. “They bring an impressive legacy of service and strong community ties, and we look forward to tapping into their expertise and unique specialization in growing segments.”
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Meeker Sharkey & Hurley can be traced back to the W.H. Meeker Company, founded in 1864. In 2014, the firm merged with the James F. Hurley Insurance Agency to become Meeker Sharkey & Hurley. The company has received numerous awards, including being named the top niche market agency serving the non-profit industry by IBA in 2016.
“We are a specialty brokerage firm bringing together highly experienced and knowledgeable professionals to focus on industry specialization and superior client service,” said Tom Sharkey Jr., president of Meeker Sharkey & Hurley. “This is an exciting time for us as we join a top national broker to enhance our insurance offerings to better serve our clients and local communities.”
Meeker Sharkey & Hurley is Risk Strategies’ third New Jersey-based acquisition this year. Last month, the company acquired KRA Insurance Agency. In October, it acquired Corrigan Johnston Risk Advisors.