King Risk Partners, an entity in the insurance brokerage sector, has completed the acquisition of Suzio Insurance Centre, an insurance provider in Connecticut.
This move is expected to reinforce King Risk Partners’ foothold in north-eastern US while integrating insurance knowledge and a client base into its operations.
Suzio Insurance Center principal James Suzio said: “Joining King Risk Partners is an exciting new chapter for us.
“For 50 years, we have focused on protecting our clients’ interests, and now, with the additional support and resources from King, we are better positioned to enhance our offerings and provide even greater value to our clients. We look forward to building on our legacy with a partner who shares our values.”
Suzio Insurance Center delivers insurance solutions to both individuals and businesses in Connecticut.
Originating with a “commitment” to serving “the local community”, the company has expanded its reach to areas including Meriden, Wallingford, Cheshire and Southington.
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Suzio Insurance creates solutions that cater to the requirements of each client, encompassing personal and commercial insurance needs.
King Risk Partners CEO Malcolm King said: “Their commitment to customer satisfaction, combined with their long-standing reputation in Connecticut, makes them a perfect fit for our organisation.
“We look forward to collaborating with their talented team to continue providing high-quality service while expanding our footprint in the region.”
King Risk Partners offers an array of insurance products and services to address the varied demands of its customers.
In August this year, King Risk Partners bought Exclusive Programs, an insurance broker specialising in recycling and waste management insurance.