King Risk Partners has acquired insurance broker Exclusive Programs, which specialises in professional recycling programmes and waste management insurance.
Financial specifics of the deal were not disclosed.
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Established in 1982, Exclusive Programs is a full-service insurance and risk management facility.
It is recognised for delivering customised insurance solutions tailored to the specific challenges such as insurance expenses, faced by the waste management and recycling industries.
Exclusive Programs offers an array of expertise, including commercial insurance, surety, employee benefits, risk management, and consulting services.
By acquiring Exclusive Programs, King Risk Partners aims to extend its industry coverage, while also enhancing its ability to provide finely tuned insurance products for the waste management and recycling sectors.
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By GlobalDataThe latest move is in line with King Insurance Partners’ efforts to deliver insurance solutions specific to clients across different industries.
King Risk Partners CEO Chad King said: “We are excited to welcome Exclusive Programs into the King Risk Partners family. Their specialised knowledge in waste management and recycling insurance is a valuable addition to our portfolio, and it aligns perfectly with our mission to deliver targeted insurance solutions to diverse industries.
“This acquisition enhances our ability to serve clients with unique needs and strengthens our presence in this critical sector.”
Commenting on the latest acquisition, Exclusive Programs principal Bill Comiskey added: “Joining forces with King Risk Partners marks a significant milestone for Exclusive Programs.
“With our extensive experience and specialisation in waste management insurance, we have always been committed to providing tailored solutions that address the specific risks of our industry. I am excited about the opportunities this partnership brings, allowing us to leverage King’s resources and expertise to further enhance our service offerings.”
