BOSTON — Risk Strategies, a leading North American specialty insurance brokerage and risk management and consulting firm, today announced it has acquired Schroeder Insurance, a Missouri-based firm with a specialty focus in the commercial lines and private client sectors. Terms of the deal were not disclosed.
Led by brothers Paul and Ted Schroeder, who each have over 30 years of industry experience, Schroeder Insurance’s business is closely split between commercial and private clients. The agency has specialty experience in a number of industries including hospitality, the public sector, and emergency response organizations, among others. The agency’s expertise and high-touch approach to service have engendered strong loyalty, with the tenure of its top 10 clients averaging 10 years.
“Schroeder Insurance joining the Risk Strategies family is a real win,” said Steve Giannone, Central Region Leader, Risk Strategies. “Paul and Ted have built a strong presence and solid reputation within their market. They understand that specialty knowledge is the key to solving tough risk and liability problems.”
Schroeder Insurance traces its beginnings back to 1953 and founding partners A.C. Schroeder and Charles H. Schroeder. Its two offices in Union and Washington are located just west of St. Louis, Missouri. Schroeder Insurance has augmented its growth over the years through strategic acquisitions that have deepened its capabilities.
“We saw joining Risk Strategies as the best way to extend our expertise-based business model,” said Paul Schroeder, CIC, President, Schroeder Insurance. “Becoming part of Risk Strategies brings national scale and a breadth of resources that will benefit both our clients and our people now and into the future.”
In recent years, Risk Strategies has made key investments to build out its presence and capabilities in the Midwest, including Gabrielson Insurance & Financial Services and Comprehensive Benefits Inc., both in January 2025 in the greater Detroit area; the Ralph C. Wilson Agency in Michigan in February 2024; Illinois-based IZALE Financial Group in 2023; First Insurance Group in Ohio in 2023; and the insurance business of Johnson Financial Group, located in Wisconsin, in 2023. In Missouri alone, Risk Strategies has recently acquired Thomas McGee Group, Stephens & Associates, and Beattie & Associates, all based in St. Louis and Kansas City.
Source: Risk Strategies
AgencyEquity statement on this article:
Some of the statements in this third party article may be forward-looking statements and perhaps even inaccurate statements. AgencyEquity or Strategic Agencies LLC does not make any representation or warranty, express or implied, as to the accuracy, completeness, or updated status of such statements. Therefore, in no case whatsoever will AgencyEquity or Strategic Agencies LLC be liable to anyone for any decision made or action taken in conjunction with the information and/or statements in this press release or for any related damages.
