Risk Strategies buys US broker Corrigan Johnston

Speciality insurance brokerage and risk management firm  Risk Strategies has acquired New Jersey-based Corrigan Johnston Risk Advisors, an all lines brokerage focused on transportation-related industries.

Corrigan Johnston was founded in 2006 by its president Patricia Corrigan Johnston (pictured). The firm specialises in developing tailored traditional and alternative risk programmes and providing claims and loss control services to businesses in the franchised auto dealer and transportation-centric industries.

The firm offers all commercial coverages including commercial auto, general liability, cargo, property, umbrella and excess liability, and the whole suite of professional liability coverages. It has particular expertise in tailored workers’ compensation coverage, which has been a specialty since its founding.

The acquisition will bolster the capabilities of Risk Strategies’ national transportation practice.

John Scroope, Risk Strategies’ national director of retail operations, said: “True specialty expertise sets Risk Strategies apart from our competitors. Patty’s team is a perfect fit for our approach. They bring deep expertise of real value to our clients and, when paired with our people and resources, extraordinary growth potential.”

Corrigan Johnston commented: “Corrigan Johnston Risk Advisors, Inc. are thrilled to join Risk Strategies, an organisation whose culture, values and ethos mirror our own. We are excited by the opportunity to offer our clients the full breadth of products and services of a large organization, while maintaining our boutique agency feel and high-touch service model.”

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