King Risk Partners Acquires Florida-Based Agencies to Expand Professional Liability Expertise
King Risk Partners, the 36th largest insurance brokerage in the U.S., has acquired two Florida-based agencies—Risk Avoidance Managers and Coastal Insurors—to enhance its professional liability and cyber insurance capabilities. Both firms specialize in tailored coverage for law firms, accounting practices, financial planners, and other professional services across Florida. The acquisitions align with King Risk Partners' strategy to combine established agency relationships with expanded resources and specialized expertise to support long-term growth. The acquired agencies emphasize personalized guidance and lasting client relationships while offering insurance solutions that address the unique risks faced by professionals in their fields. Scott Popilek, CEO of King Risk Partners, highlighted the importance of building specialized knowledge for sustained growth. Michael Halfast from the newly acquired firms noted that joining King provides broader capabilities and expanded market access without compromising personalized service.
Topics: Brokerage Acquisitions Insurance Professional Liability Insurance