King Risk Partners boosts construction expertise with new acquisition

King Risk Partners has taken implicit the Roberts Agency, an autarkic security concern successful Bloomfield, Connecticut, US, for an undisclosed sum.

The transaction gives King Risk a broader footing successful Connecticut and adds to its capabilities successful construction-related security and surety bonds successful the surrounding region.

The Roberts Agency has been operating for much than six decades and works with clients crossed Connecticut.

It serves location builders, commercialized contractors, wide contractors and different operation businesses, alongside offering surety enslaved services.

The bureau offers commercialized cover, speciality cover, worker benefits and homebuilder programme products.

Roberts Agency owners Jennifer Semple and Laura Langan said: "Our bureau has ever focused connected helping clients support their operations, their businesses and their radical with thoughtful guidance and responsive service.

"Joining King Risk Partners gives america entree to further resources and expanded capabilities portion allowing america to proceed delivering the idiosyncratic attraction and collaborative attack our clients value. We are excited for this adjacent section and the opportunities it creates for our clients and team."

King Risk Partners said the woody adds to its beingness successful the north-eastern US and extends its scope to businesses, contractors, individuals and families successful Connecticut and adjacent markets.

King Risk Partners CEO Scott Popilek said: "The Roberts Agency has earned a beardown estimation by combining heavy manufacture cognition with a highly idiosyncratic attack to lawsuit service.

"Their specialisation successful operation security and surety bonding brings meaningful extent to our platform, portion their worker benefits capabilities further heighten the solutions we tin present to employers and individuals crossed Connecticut.”

In April past year, Lightyear Capital invested successful King Risk Partners. Existing shareholder BHMS Investments besides took portion successful the investment.

"King Risk Partners boosts operation expertise with caller acquisition" was primitively created and published by Life Insurance International, a GlobalData owned brand.

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