Insurance

King Risk Partners buys Insurance Solutions Group



King Risk Partners buys Insurance Solutions Group | Insurance Business America















The principal cites “significant value” that will benefit clients and the team

Insurance News

Written by Terry Gangcuangco

Growing insurance broker King Risk Partners has announced its acquisition of North Carolina-based Insurance Solutions Group.

The independent agency, which operates in Garner and Fuquay-Varina, has served the greater Raleigh area for more than two decades. Offers personal, business, and health insurance options.

Insurance Solutions Group principal Michelle Keener said: “We are delighted to be working with King Risk Partners. With their resources and shared commitment to first-class service, we will be able to improve our offerings and continue to provide the best solutions to our customers.

Meanwhile, Malcolm King, chief executive of King Risk Partners, cited the firm’s “strong reputation” in the province.

“We couldn’t be happier to welcome them to the King Risk Partners family,” said King. “Their focus on customer satisfaction and dedication to delivering personalized solutions aligns seamlessly with our company values.

“This partnership allows us to build on their great legacy while expanding our capabilities in North Carolina.”

King Risk Partners’ latest deals as part of its continued growth are Cypress Risk Management and Coates Insurance Agency.

Founded in 2012 in Ridgeville, Cypress serves the forestry and trucking industries. Known for fostering close relationships with its customers, Cypress has leveraged its agricultural and business group’s background to create insurance solutions tailored to local businesses.

Part of King Risk Partners’ strategy to expand its reach and improve services in targeted areas along the Eastern Seaboard, the South Carolina-based insurer’s move was announced in late September.

Coates Insurance Agency in Virginia has been providing personal and commercial insurance products for the past two and a half years.

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