King Risk Partners, a prominent insurance brokerage with offices spanning the Eastern and Southeastern United States, has announced its acquisition of The Insurance Center, an independent agency headquartered in Warwick, Rhode Island.
This strategic acquisition aligns with King Risk Partners’ ongoing expansion into local markets throughout the region, reinforcing its commitment to growth and enhanced service offerings.
For over 50 years, The Insurance Center has been a trusted provider of insurance solutions for individuals, families, and businesses across Rhode Island. The agency offers a comprehensive portfolio of personal, business, and life insurance products, cultivating long-standing client relationships across the state.
According to data from Tracxn, King Risk Partners has completed 21 acquisitions between 2021 and the close of 2024. The firm’s most active acquisition year was 2022, during which it finalized 10 transactions.
Recent Acquisitions by King Risk Partners
In February, King Risk Partners acquired the Kerr Agency Inc., a well-established independent insurance agency based in Simsbury, Connecticut. Since its founding in 1927, the Kerr Agency has provided both personal and business insurance solutions to clients across Connecticut.
Also in February, the brokerage strengthened its presence in Ohio with the acquisition of Dayton-based Barker, Beck, Collins & Kronauge Agency. Established in 1923, BBC&K specializes in personal and commercial insurance, in addition to offering group health and long-term care services.
In January, King Risk Partners expanded its footprint in Florida with two notable acquisitions. The first was Bruce Hendry Insurance, an independent insurance agency based in Immokalee. The second was Viper Risk Management Group, a firm known for providing specialized insurance solutions tailored to industries such as motorsports and racetracks, manufacturing, part warehousing, hospitality, construction, transportation, retail services, and distribution.
Further solidifying its presence in the Southeast, King Risk Partners completed the acquisition of Talbert Insurance Services in December. Based in Duluth, Georgia, Talbert Insurance Services has been delivering quality insurance solutions to clients statewide for over four decades.
With these acquisitions, King Risk Partners continues its strategic expansion, enhancing its service capabilities and reinforcing its position as a leader in the insurance brokerage industry.
