Specialty insurance brokerage Risk Strategies has acquired full-service brokerage firm KRA Insurance Agency.
KRA serves a broad base of industries and is well-known for its specialty focus in professional liability, construction, real estate, hospitality, not-for-profits and the high-net-worth industry segments.
Product lines for clients range from commercial to personal as well as employee benefits and life insurance.
John Scroope, National Director of Retail Operations for Risk Strategies said: “Risk Strategies is experiencing tremendous growth in New Jersey.
“The KRA team has the expertise and commitment to excellence that complements our culture and fuels our specialist approach to risk in niche segments. We welcome KRA to the Risk Strategies family.”
Michele Williams, Chief Executive Officer of KRA commented: “We’ve built our business creating innovative solutions to even the toughest risk management challenges.
“By joining Risk Strategies, we can maintain that local presence and now have the ability to expand upon the products and services we can offer to our clients even further.”