King Risk Partners, LLC

King Risk Partners, LLC is a prominent insurance brokerage firm headquartered in Gainesville, Florida. Founded in 1974 by Malcolm King, Sr., the company operates with a mission to provide comprehensive insurance solutions and support its clients and communities. The firm has grown to become one of the fastest-growing insurance agencies within the top 100 brokers in the United States.

The company offers a full spectrum of insurance products and services, catering to both individual and commercial clients. Its offerings include personal lines such as home, auto, life, and private client insurance, as well as commercial solutions like business risk management, employee benefits, aviation, habitational and condo associations, and surety bonds. King Risk Partners serves a broad market across the Eastern Seaboard, with offices spanning from New Hampshire to Florida.

In recent years, King Risk Partners has pursued an aggressive growth strategy, marked by numerous acquisitions. In 2025, the firm completed 14 acquisitions, and 22 deals in 2025, expanding its footprint and capabilities. Notable recent acquisitions include Lewis Insurance (Georgia, February 2026), New England Property & Casualty (Connecticut, April 2026), and PRL Associates (New York, March 2026). The company is privately held and backed by private equity investors Lightyear Capital and BHMS Investments LP, which provided capital for its continued expansion in April 2025. Malcolm "Chad" King serves as Chairman and Founder, while Scott Popilek was appointed Chief Executive Officer in October 2025.

Latest updates

Risk Strategies Founder Joins King Risk Partners Board

Event summary

  • Michael Christian, founder of Risk Strategies, has been appointed to the Board of Directors of King Risk Partners.
  • Risk Strategies was sold to Brown & Brown in 2025.
  • King Risk Partners is the 51st largest insurance brokerage in the U.S. and has over 50 years of experience.
  • Michael Christian was inducted into the Insurance Business America Hall of Fame in 2020.

The big picture

The addition of Michael Christian to King Risk Partners' board represents a strategic move to leverage his expertise in building and scaling insurance brokerage firms. This signals a potential acceleration of King Risk Partners' growth strategy, likely through acquisitions, and a desire to emulate the success of Risk Strategies. The move also highlights the ongoing consolidation within the insurance brokerage industry, where established players are seeking to expand their market presence through both organic growth and strategic acquisitions.

What we're watching

Governance Dynamics
Christian's appointment signals a potential shift in King Risk Partners' strategic direction, likely emphasizing aggressive growth and acquisition strategies given his track record at Risk Strategies.
Acquisition Strategy
The board's willingness to bring in an executive known for building a brokerage through acquisition suggests King Risk Partners may accelerate its M&A activity to increase scale and market share.
Integration Risk
Given Christian's experience with a large acquisition, the board will need to carefully manage any future acquisitions to ensure successful integration and avoid cultural clashes or operational inefficiencies.

King Risk Partners Bolsters Connecticut Employee Benefits with Morin Associates Acquisition

Event summary

  • King Risk Partners, ranked 51st largest insurance brokerage in the US, acquired Morin Associates, LLC.
  • Morin Associates, based in Groton, Connecticut, has operated for over 40 years.
  • The acquisition focuses on expanding King Risk Partners’ employee benefits capabilities within Connecticut.
  • Morin Associates offers services including life and health insurance, retirement planning, and wealth management.

The big picture

King Risk Partners' acquisition strategy continues to prioritize agencies with strong local ties and specialized expertise, reflecting a broader trend among larger brokerages to expand through targeted acquisitions rather than organic growth. This move strengthens King Risk Partners' position in a competitive market, but the firm's ability to effectively integrate Morin Associates and capitalize on synergies will be crucial for long-term success. The acquisition also underscores the ongoing demand for personalized financial advice and benefits planning services, particularly among individuals and businesses in Connecticut.

What we're watching

Integration Risk
The success of this acquisition hinges on King Risk Partners’ ability to integrate Morin Associates’ operations and client relationships without disrupting service or losing key personnel. Cultural clashes and differing operational approaches could impede the realization of anticipated synergies.
Market Saturation
Connecticut's insurance brokerage market is relatively mature; King Risk Partners will need to demonstrate a clear path to incremental growth beyond the existing Morin Associates client base to justify the acquisition cost.
Regulatory Scrutiny
Increased consolidation within the insurance brokerage industry may draw greater regulatory attention to pricing practices and potential conflicts of interest, impacting King Risk Partners’ ability to expand its offerings.

King Risk Partners Bolsters Northeast Footprint with Connecticut Agency Acquisition

Event summary

  • King Risk Partners, the 51st largest insurance brokerage in the US, acquired New England Property & Casualty, Inc.
  • New England Property & Casualty is a 40-year-old independent agency based in Wallingford, Connecticut.
  • The acquisition aims to deepen King Risk Partners’ presence in the New England region.
  • Robert Borruso, Owner of New England Property & Casualty, will remain with the company.

The big picture

King Risk Partners’ acquisition strategy focuses on acquiring established, locally-rooted agencies to bolster its presence in key regions. This approach contrasts with organic growth and reflects a broader trend in the insurance brokerage industry towards consolidation and leveraging local expertise to gain market share. The deal underscores the ongoing demand for independent agencies with strong client relationships, even as larger national players seek to expand their reach.

What we're watching

Integration Risk
The success of this acquisition hinges on King Risk Partners’ ability to integrate New England Property & Casualty’s operations and client relationships without disrupting service or losing key personnel. Cultural clashes between the larger brokerage and the established local agency could impede value creation.
Competitive Landscape
This acquisition signals an intensification of competition among insurance brokerages seeking to consolidate local expertise and expand regional reach. Expect further targeted acquisitions as larger players vie for market share in the fragmented independent agency space.
Client Retention
New England Property & Casualty’s reputation for personalized service is a key asset. How King Risk Partners manages client expectations and maintains that level of service post-acquisition will be critical to retaining the agency’s existing book of business.

King Risk Partners Bolsters New York Presence with PRL Associates Acquisition

Event summary

  • King Risk Partners, the 51st largest insurance brokerage in the U.S., acquired PRL Associates, a New York-based insurance agency.
  • PRL Associates has operated for 15 years, providing personal and commercial insurance solutions across New York.
  • The acquisition expands King Risk Partners’ capabilities and presence within the Northeast region.
  • Scott Popilek, CEO of King Risk Partners, emphasized alignment in client service approaches.
  • Owners John Lavo and Steve Carr of PRL Associates highlighted the opportunity to broaden client solutions.

The big picture

King Risk Partners’ acquisition of PRL Associates is part of a broader trend of consolidation within the insurance brokerage industry, as mid-sized firms seek to gain scale and expand their geographic reach. The deal underscores the importance of regional specialization and client-centric service models in a competitive market. While King Risk Partners is currently the 51st largest brokerage, continued acquisitions like this will be necessary to significantly shift its position within the top tier.

What we're watching

Integration Risk
The success of this acquisition hinges on King Risk Partners’ ability to integrate PRL Associates’ operations and client relationships without disrupting service quality, a common challenge in brokerage acquisitions.
Client Retention
PRL Associates’ client-first approach is a key selling point, but retaining those clients under King Risk Partners’ ownership will be crucial to realizing the acquisition’s value.
Competitive Landscape
This acquisition signals increased consolidation within the New York insurance brokerage market, and further M&A activity is likely as larger players seek to expand their regional footprint.

King Risk Partners Bolsters Georgia Presence with Lewis Insurance Acquisition

Event summary

  • King Risk Partners, the 51st largest insurance brokerage in the U.S., acquired Lewis Insurance, Inc. in Thomasville, Georgia.
  • Lewis Insurance has operated for over 30 years, focusing on personal relationships and responsive service.
  • The acquisition strengthens King Risk Partners’ presence in Georgia.
  • Jason Lewis, Owner of Lewis Insurance, will remain involved, focusing on client service.

The big picture

This acquisition reflects a broader trend of consolidation within the insurance brokerage industry, as larger players seek to expand their geographic reach and service offerings through smaller agency acquisitions. While King Risk Partners is currently ranked 51st, these targeted acquisitions are a common strategy for mid-sized brokerages to gain market share and compete with the industry’s largest players. The deal underscores the continued importance of local relationships and personalized service in a traditionally relationship-driven business.

What we're watching

Integration Risk
The success of this acquisition hinges on King Risk Partners’ ability to integrate Lewis Insurance’s operations and client relationships without disrupting service or losing key personnel.
Client Retention
Lewis Insurance's reputation for personalized service will be tested under King Risk Partners’ ownership; client attrition rates will be a key indicator of the acquisition's long-term value.
Geographic Focus
Further acquisitions in the Southeast are likely, but King Risk Partners will need to balance regional expansion with maintaining its national brokerage ranking.

King Risk Partners Extends Northeast Reach with Ten Eyck Group Affiliate Deal

Event summary

  • King Risk Partners, the 51st largest insurance brokerage in the U.S., has added Ten Eyck Group as an affiliate.
  • Ten Eyck Group, based in Albany, New York, has operated independently for over 120 years.
  • The deal expands King Risk Partners' presence in the Northeast region.
  • Ten Eyck Group offers a broad range of insurance products including business, home, auto, life, health, group benefits, and bond insurance.

The big picture

This acquisition reflects a broader trend of consolidation within the insurance brokerage industry, as larger players seek to expand their geographic reach and service offerings through affiliate partnerships. King Risk Partners’ move signals a deliberate strategy to penetrate the Northeast market, a region often characterized by strong local agency relationships. The deal’s impact will depend on King Risk Partners’ ability to leverage Ten Eyck Group’s local expertise while integrating its operations effectively.

What we're watching

Integration Risk
The success of this acquisition hinges on King Risk Partners’ ability to effectively integrate Ten Eyck Group’s operations and client relationships without disrupting service quality or losing key personnel.
Competitive Response
Other regional brokerages will likely observe this move and may accelerate their own consolidation efforts to maintain market share in the Northeast.
Client Retention
The pace at which Ten Eyck Group’s clients adopt King Risk Partners’ broader product offerings will be a key indicator of the deal’s long-term value.

King Risk Partners Bolsters Georgia Presence with Hanc Group Acquisition

Event summary

  • King Risk Partners, the 51st largest insurance brokerage in the U.S., acquired Hanc Group, an Alpharetta, Georgia-based insurance agency.
  • Hanc Group specializes in serving Georgia's Korean community with a full range of insurance solutions.
  • The acquisition aims to strengthen King Risk Partners' presence in the Southern market.
  • Hanc Group's owner, Rick Hanc, will remain involved, leveraging King Risk Partners' resources.

The big picture

This acquisition reflects a broader trend among insurance brokerages to expand their geographic reach and cater to niche communities. While King Risk Partners is a relatively large player (51st largest), the deal highlights the ongoing consolidation within the brokerage industry and the importance of localized expertise in a competitive market. The focus on the Korean community suggests a targeted approach to growth, potentially mirroring similar strategies employed by other financial services firms.

What we're watching

Integration Risk
The success of this acquisition hinges on King Risk Partners' ability to integrate Hanc Group's operations and client relationships without disrupting service quality, particularly within the Korean community.
Client Retention
How effectively King Risk Partners retains Hanc Group's existing client base will be a key indicator of the acquisition's long-term value, given the agency's established reputation.
Geographic Expansion
The pace at which King Risk Partners leverages this acquisition to expand its services to other underserved communities within Georgia and the broader Southern market will reveal the strategic intent behind the deal.
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