Skip to main content

Risk Strategies Acquires Corrigan Johnston Risk Advisors

Written by Customer Service on . Posted in Mergers And Acquisitions.

Adds to specialized coverage capabilities in Transportation, Relocation Practices

BOSTON, Oct. 26, 2021 (GLOBE NEWSWIRE) — Risk Strategies, a leading national specialty insurance brokerage and risk management firm, today announced it has acquired Corrigan Johnston Risk Advisors, an all lines brokerage focused on transportation-related industries. Terms of the deal were not announced.

Headquartered in Basking Ridge, N.J., Corrigan Johnston was founded in 2006 by its current president, Patricia Corrigan Johnston. The firm specializes in developing tailored traditional and alternative risk programs and providing claims and loss control services to businesses in the franchised auto dealer and transportation-centric industries. The acquisition will bolster the capabilities of Risk Strategies’ National Transportation Practice.

“True specialty expertise sets Risk Strategies apart from our competitors,” said John Scroope, Risk Strategies’ National Director of Retail Operations. “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’s focus industries include last mile delivery – including motor carriers, freight forwarders and independent contractor fleets – and moving and storage firms, as well as franchised automobile dealerships. The firm offers clients 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.

“Corrigan Johnston Risk Advisors, Inc. are thrilled to join Risk Strategies, an organization whose culture, values and ethos mirror our own,” said Patricia Corrigan Johnston. “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.”

Risk Strategies has built market leading national specialty capabilities in risk management and insurance placement for both last mile delivery and moving and storage firms. In 2017, Risk Strategies acquired Brightstone Insurance Services, a pioneering specialist in the last mile delivery industry, and in 2020 acquired global relocation insurance and risk management specialty broker UNIRISC, Inc.

To learn more about Risk Strategies, please visit riskstrategies.com/learnmore.

About Risk Strategies

Risk Strategies is a specialty national insurance brokerage and risk management firm offering comprehensive risk management advice and insurance and reinsurance placement for property & casualty, and employee benefits risks. With 25 specialty practices, Risk Strategies serves commercial companies, nonprofits, public entities and individuals, and has access to all major insurance markets. Ranked among the top brokers in the country, Risk Strategies has offices located nationwide including Boston, New York City, Chicago, Toronto, Montreal, Grand Cayman, Miami, Atlanta, Dallas, Nashville, Washington DC, Los Angeles and San Francisco. www.risk-strategies.com

CONTACT: Mike Moses
mmoses@matternow.com

Disclaimer & Cookie Notice

Welcome to GOLDEA services for Professionals

Before you continue, please confirm the following:

Professional advisers only

I am a professional adviser and would like to visit the GOLDEA CAPITAL for Professionals website.

Important Notice for Investors:

The services and products offered by Goldalea Capital Ltd. are intended exclusively for professional market participants as defined by applicable laws and regulations. This typically includes institutional investors, qualified investors, and high-net-worth individuals who have sufficient knowledge, experience, resources, and independence to assess the risks of trading on their own.

No Investment Advice:

The information, analyses, and market data provided are for general information purposes only and do not constitute individual investment advice. They should not be construed as a basis for investment decisions and do not take into account the specific investment objectives, financial situation, or individual needs of any recipient.

High Risks:

Trading in financial instruments is associated with significant risks and may result in the complete loss of the invested capital. Goldalea Capital Ltd. accepts no liability for losses incurred as a result of the use of the information provided or the execution of transactions.

Sole Responsibility:

The decision to invest or not to invest is solely the responsibility of the investor. Investors should obtain comprehensive information about the risks involved before making any investment decision and, if necessary, seek independent advice.

No Guarantees:

Goldalea Capital Ltd. makes no warranties or representations as to the accuracy, completeness, or timeliness of the information provided. Markets are subject to constant change, and past performance is not a reliable indicator of future results.

Regional Restrictions:

The services offered by Goldalea Capital Ltd. may not be available to all persons or in all countries. It is the responsibility of the investor to ensure that they are authorized to use the services offered.

Please note: This disclaimer is for general information purposes only and does not replace individual legal or tax advice.