Insurance acquisitions and expansions: Heffernan, Inszone, Risk Strategies, McGowan

They include a new office and a new market presence

Insurance acquisitions and expansions: Heffernan, Inszone, Risk Strategies, McGowan

Insurance News

By Josh Recamara

Several US-based insurance firms have announced expansions and acquisitions. 

Heffernan expands into Utah with new office 

Heffernan Insurance Brokers has opened a new office in Clearfield, Utah, marking its first physical location in the state.  

The independent brokerage said the move supports its long-term growth plans and enhances service to clients in the Mountain West.  

Kyle Corbridge has been appointed branch manager and will lead local operations. The office will provide a full range of commercial and personal insurance products as well as risk management solutions. 

Inszone acquires Beasy Insurance Services 

Inszone Insurance Services, a growing provider of commercial, personal, and benefits coverage, has acquired Beasy Insurance Services, a California-based agency with a focus on personal lines.  

Founded in 2002 by Wendy Beasy, the firm has built a longstanding reputation for client-focused service. Beasy cited staffing limitations amid business growth as a factor in joining Inszone, which offers expanded market access and operational support. 

The acquisition aims to preserve Beasy’s relationships while enhancing its service capabilities under the Inszone brand. 

Risk Strategies grows Southwest footprint 

Risk Strategies, a national specialty brokerage and risk consulting firm, has expanded its presence in New Mexico with the acquisition of Zia Insurance Services, Tyra Enterprises, and Capitol Insurance Services.  

Based in Santa Fe, the firms bring expertise in fine art and professional liability insurance. Tyra Enterprises also maintains an office in Española. The firms will operate under Risk Strategies’ West Region and report to regional leader Pat Roth. The acquisition builds on Risk Strategies’ 2022 entry into the New Mexico market through its purchase of Burke Insurance Group. 

McGowan acquires Aegis Pro risk division 

The McGowan Companies has acquired the Aegis Professional Risk division of Aegis General Insurance Agency from K2 Insurance Services.  

The transaction includes the full Aegis Pro Risk team, which will remain in place under the leadership of Gene Mason. The division offers a suite of professional liability products. 

McGowan said the acquisition aligns with its national growth strategy and strengthens its position in the specialty insurance space. 

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