Schroeder Insurance Joins Risk Strategies' Expansion
Deal News | Jun 03, 2025 | Globenewswire
Risk Strategies, a prominent North American insurance brokerage firm, has successfully acquired Schroeder Insurance, a Missouri-based firm with an expertise in commercial lines and private client sectors. Founded in 1953 and led by brothers Paul and Ted Schroeder, the firm is known for its strong industry presence and customer loyalty. The acquisition is part of Risk Strategies' strategic expansion in the Midwest, adding to its recent acquisitions in Michigan, Illinois, and Missouri. The terms of the Schroeder Insurance deal were not disclosed.
Sectors
- Insurance Brokerage
- Commercial and Private Client Insurance
Geography
- United States – Risk Strategies is a North American firm making strategic acquisitions across several U.S. states, including the recent addition of Schroeder Insurance in Missouri.
- Missouri – Schroeder Insurance is based in Missouri, and the acquisition signifies Risk Strategies' investment in expanding its operations in this state.
Industry
- Insurance Brokerage – The acquisition involves Risk Strategies, a major player in insurance brokerage and risk management, expanding its reach in specialty insurance services.
- Commercial and Private Client Insurance – Schroeder Insurance specializes in commercial lines and private client insurance, operating in hospitality, public sector, and emergency response sectors.
Financials
- Not Disclosed – The financial terms of the acquisition of Schroeder Insurance by Risk Strategies were not provided.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Risk Strategies | Acquirer | Company | A leading North American specialty insurance brokerage and risk management firm. |
| Schroeder Insurance | Target Company | Company | A Missouri-based insurance firm specializing in commercial and private client sectors. |
| Paul Schroeder | Leader of Target Company | Person | President of Schroeder Insurance with over 30 years of industry experience. |
| Ted Schroeder | Leader of Target Company | Person | Co-leader of Schroeder Insurance with over 30 years of industry experience. |
| Steve Giannone | Central Region Leader | Person | Central Region Leader at Risk Strategies. |