Risk Strategies moves in to acquire private client insurance firm in NY

Insurance Business America | October 01, 2019

Risk Strategies has acquired New York City-based firm Bedrick-Kaitz Agency (BKA). Terms of the transaction were not disclosed. BKA is a firm focused on supporting high-net-worth individuals and businesses throughout the country. Aside from offering customized policy programs – with a specialty focus on exotic cars – BKA also offers commercial insurance products, which include general and professional liability and workers’ compensation. Michael Rosenberg serves as the CEO of BKA; he acquired the firm from one of the original founders, Donald Kaitz, after joining the company sometime in the 1980s. Prior to acquiring BKA, Rosenberg was a personal lines specialist with a boutique brokerage in New York City. “We’re always on the lookout for potential partners who can bring the right mix of experience and expertise to our practice,” said Risk Strategies national private client practice leader Bob Courtemanche.

Spotlight

The Insurance Barometer is an annual study that tracks the perceptions, attitudes, and behaviors of consumers in the United States. We seek to understand their financial concerns and how they think and act with regard to financial products, with a particular focus on life insurance. In January 2017, LIMRA employed an online panel to survey adult consumers who are financial decision-makers in their households. Responses were received from 2,031 individuals.

Spotlight

The Insurance Barometer is an annual study that tracks the perceptions, attitudes, and behaviors of consumers in the United States. We seek to understand their financial concerns and how they think and act with regard to financial products, with a particular focus on life insurance. In January 2017, LIMRA employed an online panel to survey adult consumers who are financial decision-makers in their households. Responses were received from 2,031 individuals.

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