Thursday 07 July 2022

US-based specialty insurance brokerage and risk management firm Risk Strategies has acquired Florida, US-based insurance agency Sebastian Insurance Group, the firm said.

Terms of the deal were not announced.

Operated by its principal, Bill Kriener, Sebastian Insurance Group is headquartered in Sebastian, Florida.

The firm offers a range of custom coverages, including property and casualty insurance for homes, vehicles, boats, and businesses, as well as flood insurance.

After 25 years working in the financial services industry, Kriener moved to Florida with his family and with his business partner, Gary Frazier, acquired Sebastian Insurance from its previous owner in 2008.

Risk Strategies is a specialty national insurance brokerage and risk management firm offering comprehensive risk management advice and insurance and reinsurance placement for property and casualty, employee benefits, and private client services risks.

Risk Strategies has over 100 offices including Boston, New York City, Chicago, Toronto, Montreal, Grand Cayman, Miami, Atlanta, Dallas, Nashville, Washington DC, Los Angeles and San Francisco.