King Risk Partners has acquired The Roberts Agency, an independent insurance brokerage based in Bloomfield, Connecticut, further expanding its footprint in the Northeast and strengthening its specialist capabilities in construction insurance and surety bonding.
Financial terms of the transaction were not disclosed.
Founded more than 60 years ago, The Roberts Agency has built a strong reputation serving the construction sector, providing insurance and surety solutions for homebuilders, general contractors, trade contractors and other construction businesses.
Expanding Construction Expertise
In addition to its specialist construction offerings, The Roberts Agency provides a range of commercial insurance solutions, employee benefits programmes, specialty insurance products and dedicated homebuilder insurance programmes.
The acquisition enhances King Risk Partners' ability to serve construction clients while broadening its commercial insurance and employee benefits capabilities across the region.
Strengthening Northeast Presence
The addition of Roberts Agency continues King Risk Partners' strategy of expanding through acquisitions of specialist independent agencies with deep local market expertise.
Headquartered in Gainesville, Florida, King Risk Partners is the 51st-largest insurance brokerage in the United States, providing personal, commercial and employee benefits insurance solutions through a growing national network.
The acquisition further strengthens the company's presence in Connecticut while adding experienced professionals and established client relationships in the construction and surety markets.
As demand for specialist construction insurance continues to grow amid evolving project risks and regulatory requirements, the transaction enhances King Risk Partners' ability to deliver industry-focused risk management and insurance solutions throughout the Northeast.
