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Risk Strategies Acquires MainStreet Consulting Group.

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MANews-(C)2009-2019

29 May 2019 - US-based insurance brokerage and risk management firm Risk Strategies has acquired Houston-based brokerage MainStreet Consulting Group, the firm said.

Terms of the deal were not disclosed.

Established in 2003 and headquartered just outside of Houston in Conroe, TX, MainStreet Consulting Group is primarily focused on placing a wide variety of coverage types for commercial clients.

In its commercial business, MainStreet services clients in a variety of industries, from manufacturing to construction. While many are well-represented in Risk Strategies' current client base, a number represent new fields for the company, including the energy industry, a major business in Texas.

In addition to commercial property and casualty, MainStreet does substantial business helping commercial clients develop alternatively funded employee benefits programs. The company also has an active practice providing personal lines clients with insurance placement and risk management advisory services.

Risk Strategies entered the state of Texas in 2016 when it acquired McLaughlin-Brunson, a specialty brokerage focused on professional liability and other risk issues for architectural, engineering and design firms.

That acquisition was followed in 2017 with the purchase of Terrell Insurance Services, Inc., a private lines specialty agency.

In 2018, Risk Strategies acquired Select Insurance Markets, LLP (SIM)...

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