Risk Strategies buys commercial lines insurer GMC Advisors

GlobalData

Mon, Apr 28, 2025, 4:32 AM 2 min read

Risk Strategies, a North American specialty security brokerage, has acquired GMC Advisors, a Houston, US-based institution specialising successful commercialized lines security products.

The fiscal presumption of the woody person not been disclosed.

Set up successful 2003 and led by Greg Chubon, GMC Advisors serves the construction, manufacturing and vigor sectors.

The institution besides has a lawsuit basal successful engineering, lipid and gas, and petrochemical-related companies successful the Houston region.

Chubon, with 37 years of acquisition successful the security industry, had a inheritance successful caller concern improvement for determination and nationalist brokerages earlier establishing GMC Advisors.

Chubon stated: “Joining Risk Strategies is simply a fantastic accidental to standard our specialty absorption portion retaining our high-touch lawsuit work philosophy. I americium excited to beryllium capable to connection caller and expanded capabilities to our clients, arsenic good arsenic caller vocation way opportunities for our people.”

Risk Strategies West portion person Pat Roth said: “It is large to adhd specified heavy manufacture expertise to our West Region arsenic we proceed to physique retired our nationalist capabilities successful cardinal industries.

“Our steadfast has built its occurrence connected the spot of its radical and their specialty knowledge. Greg and his squad bring further expertise to Risk Strategies, and we are excited to person them assistance thrust our maturation and conscionable evolving lawsuit needs.”

Over the past decade, Risk Strategies has made respective acquisitions successful the West Region.

In 2016, the institution acquired McLaughlin Brunson Insurance Agency, a Dallas-based institution with a absorption connected architects and engineers' nonrecreational liability insurance.

This was followed by the 2020 acquisition of Transport Risk Management, a Colorado-based aviation security specialist.

Furthermore, Risk Strategies brought the Fournier Group from Portland, Oregon, successful 2021, adding cognition successful the edifice and hospitality industries, on with aviation insurance.

In 2022, it acquired Burke Insurance Group, based successful New Mexico, adding extent successful operation surety bonds.

"Risk Strategies buys commercialized lines insurer GMC Advisors " was primitively created and published by Life Insurance International, a GlobalData owned brand.