U.S. domiciled property and casualty wholesaler, U.S. Risk Insurance Group, Inc., has acquired specialist trucking managing general agent (MGA) and broker, Strategic Insurance Underwriters.
Strategic Insurance is based in Florida, U.S., and has 34 years worth of experience providing tailored insurance solutions to the trucking and transportation sectors.
After the acquisition and as part of their new leadership roles with U.S. Risk, current Strategic Insurance executives, Gerry den Boggende and Neal Daunt, will continue to manage and lead the unit.
Randall Goss, Chief Executive Officer (CEO) of U.S. Risk, said; “We entered into a partnership with Strategic Insurance Underwriters about two years ago, and as a result of the success of that partnership, we are very excited to bring the expertise of Bob and his team fully into the U.S. Risk family of companies. This transaction reflects our strategic focus on acquiring companies whose experience, resources and value complement our own.”
Retiring President of Strategic Insurance, Bob Schneebeck, said; “We were delighted with the initial partnership with U.S. Risk and view this transaction as a logical next step. I’m excited to see Strategic evolve and further enhance its capabilities to serve its current and future clients.”