Press Releases

U.S. Risk Announces Acquisition of Gumtree Wholesale Insurance Brokers

February 13, 2023

U.S. Risk Insurance Group, LLC, a leading property and casualty wholesale broker and specialty lines underwriting manager, today announced the acquisition of Jackson, Mississippi-based Gumtree Wholesale Insurance Brokers, Inc. The company specializes in trucking insurance solutions for the transportation industry and will join U.S. Risk Brokers, the wholesale brokerage division of U.S. Risk. Terms of the transaction were not disclosed.

Commenting on the new partnership, Gumtree President Nick Myers shared: “Since Gumtree’s founding in 2010, we have earned a strong reputation for delivering quality service and solutions to our valued agents and transportation industry clients. Partnering with U.S. Risk, we look forward to further enhancing our current service offerings and industry expertise with expanded access to additional markets, products and U.S. Risk’s best-in-class resources.”

Randall Goss, chief executive officer for U.S. Risk, added: “This exciting partnership establishes a new Mississippi-based presence for U.S. Risk and significantly expands our national transportation industry expertise and capabilities. We are thrilled to welcome the talented professionals from Gumtree to the U.S. Risk team and look forward to continuing to serve our valued retail agency partners with a dedicated team of local experts.”

About U.S. Risk
U.S. Risk Insurance Group is a leading property and casualty wholesale broker and specialty lines underwriting manager headquartered in Dallas, Texas. With 16 different office locations throughout the United States, the company offers a broad range of products and services through its various divisions, U.S. Risk Brokers, U.S. Risk Solutions and U.S. Risk Underwriters.

For more information, contact:
Randall G. Goss
U.S. Risk, LLC
(800) 232-5830
Send a Secure Email

U.S. Risk recognized with top honors by Insurance Business America

March 31, 2022

U.S. Risk was recently recognized by Insurance Business America (IBA) in its 5-Star Wholesale Brokers and MGAs 2022 annual ratings, receiving the highest “All Star” designation. Each year IBA publishes its list of 5-Star Wholesale Brokers and MGAs by surveying 1,500 retail producers and asking them to rate the performance of their partners on a scale of 1 (poor) to 5 (excellent) across the following areas:

• Technical Expertise
• Product Knowledge
• Pricing
• Ability to Place Niche or Emerging Risks
• Range of Products
• Reputation
• Marketing Support
• Compensation
• Technology or Automation
• Geographical Reach

IBA then awards a 5-Star designation to Wholesale Brokers and MGAs that earned an average score of 4 or higher in at least one category, to signify their exceptional service. Out of the 33 companies that earned a 5-Star rating in 2022, U.S. Risk was one of only seven to receive “All-Star” status, having earned 5-Star ratings in all ten categories.

George Gorney, chief information officer for U.S. Risk, shared: ”We are very proud of our team’s contributions to this recognition and how it represents the value that we bring to our retail clients.”

About U.S. Risk, LLC
U.S. Risk, LLC is a leading international specialty lines underwriting manager and wholesale broker headquartered in Dallas, Texas. Operating 16 domestic and international branches, the company offers a broad range of products and services through its divisions and affiliate companies, which include U.S. Risk Underwriters, U.S. Risk Brokers, U.S. Risk Solutions, Oxford Insurance Brokers Ltd. (UK), James Hampden International Insurance Brokers Ltd. (UK), MGB Insurance Brokers Ltd. (UK), Antarah FZE (UAE) and UNIS United Insurance Services (Zurich). 

For more information, contact:
Randall G. Goss
U.S. Risk, LLC
(800) 232-5830
Send a Secure Email

U.S. Risk announces acquisition of McSweeny Agency

February 14, 2022

U.S. Risk, LLC, a top ten property and casualty wholesaler and MGA, today announced the acquisition of McSweeny Agency, LLC, a wholesale broker and MGA headquartered in Mt. Laurel, New Jersey. The McSweeny team will join U.S. Risk Brokers, the wholesale brokerage division of U.S. Risk. Terms of the transaction were not disclosed.

Commenting on the new partnership, Dennis McSweeny, president of McSweeny Agency, shared: “We are thrilled to be joining the U.S. Risk family of companies. I am confident this new partnership will further expand the value we deliver to our agents with the additional markets, products and resources available through U.S. Risk.”

Randall Goss, chief executive officer for U.S. Risk, added: “We look forward to welcoming the talented professionals from McSweeny Agency to the U.S. Risk team. Their entrepreneurial culture and passion for delivering quality service to their retail agency clients fit very well with U.S. Risk, and we are excited to expand U.S. Risk’s footprint and expertise throughout New Jersey and the greater northeast region.”

About U.S. Risk, LLC
U.S. Risk, LLC is a leading international specialty lines underwriting manager and wholesale broker headquartered in Dallas, Texas. Operating 16 domestic and international branches, the company offers a broad range of products and services through its divisions and affiliate companies, which include U.S. Risk Underwriters, U.S. Risk Brokers, U.S. Risk Solutions, Oxford Insurance Brokers Ltd. (UK), James Hampden International Insurance Brokers Ltd. (UK), MGB Insurance Brokers Ltd. (UK), Antarah FZE (UAE) and UNIS United Insurance Services (Zurich). 

For more information, contact:
Randall G. Goss
U.S. Risk, LLC
(800) 232-5830
Send a Secure Email

U.S. Risk announces acquisition of Regency Insurance Brokerage Services

September 3, 2019

U.S. Risk, LLC, a top ten property and casualty wholesaler and MGA, announced today that it has acquired Regency Insurance Brokerage Services (“Regency”), a wholesale broker and MGA headquartered in Hallandale, Florida, with additional locations in New York, New Jersey and South Carolina. The Regency team will join U.S. Risk Brokers, the wholesale brokerage division of U.S. Risk. Terms of the transaction were not disclosed.

Commenting on the transaction, Paul A. Riemer, chief executive officer of Regency, shared: “We are excited to join the U.S. Risk family of companies. We view this acquisition as a very positive event for our employees and are looking forward to being able to better serve our agents with the additional markets, products, and resources available through U.S. Risk.”

Randall G. Goss, chief executive officer for U.S. Risk, added: “We look forward to welcoming Regency to the U.S. Risk team. Their entrepreneurial culture and passion for delivering quality service to their retail agency clients fits very well with U.S. Risk, and we are excited to expand U.S. Risk’s footprint in the territories currently served by Regency.”

About U.S. Risk, LLC
U.S. Risk, LLC is a leading international specialty lines underwriting manager and wholesale broker headquartered in Dallas, Texas. Operating 16 domestic and international branches, the company offers a broad range of products and services through its divisions and affiliate companies, which include U.S. Risk Underwriters, U.S. Risk Brokers, U.S. Risk Solutions, Oxford Insurance Brokers Ltd. (UK), James Hampden International Insurance Brokers Ltd. (UK), MGB Insurance Brokers Ltd. (UK), Antarah FZE (UAE) and UNIS United Insurance Services (Zurich). 

For more information, contact:
Randall G. Goss
U.S. Risk, LLC
(800) 232-5830
Send a Secure Email

U.S. Risk announces acquisition of U.S. E&O Brokers

August 1, 2019

U.S. Risk, LLC, a top ten property and casualty wholesaler and MGA, announced today that it has acquired U.S. E&O Brokers (“U.S. E&O”), a wholesale broker and MGA focused on delivering professional lines coverage for insurance agents. U.S. E&O is headquartered in Houston, Texas, with additional locations in Connecticut, Colorado, and New Mexico. The U.S. E&O team will join U.S. Risk Underwriters, the specialty programs division of U.S. Risk. Terms of the transaction were not disclosed.

Commenting on the transaction, Angela T. Schroder, president of U.S. E&O, shared: “We are delighted to join the U.S. Risk family of companies. We believe their entrepreneurial culture aligns very well with ours, and we look forward to strengthening our offerings to current clients while expanding our client base through the U.S. Risk network of agents.”

Randall G. Goss, chief executive officer for U.S. Risk, added: “We are pleased to welcome U.S. E&O to the U.S. Risk team and look forward to strengthening our specialty professional liability capabilities. Angela and her team have a well-deserved reputation for providing excellent service levels and bringing years of expertise to all of their customers.”

About U.S. Risk, LLC
U.S. Risk, LLC is a leading international specialty lines underwriting manager and wholesale broker headquartered in Dallas, Texas. Operating 16 domestic and international branches, the company offers a broad range of products and services through its divisions and affiliate companies, which include U.S. Risk Underwriters, U.S. Risk Brokers, U.S. Risk Solutions, Oxford Insurance Brokers Ltd. (UK), James Hampden International Insurance Brokers Ltd. (UK), MGB Insurance Brokers Ltd. (UK), Antarah FZE (UAE) and UNIS United Insurance Services (Zurich). 

For more information, contact:
Randall G. Goss
U.S. Risk, LLC
(800) 232-5830
Send a Secure Email

U.S. Risk finalizes acquisition agreement with USI Insurance Services

July 1, 2019

U.S. Risk Insurance Group (U.S. Risk), one of the nation’s largest property and casualty program and specialty brokerage firms, today announced the completion of its previously announced agreement to be acquired by USI Insurance Services (USI), a leading insurance brokerage and consulting firm. Terms of the transaction were not disclosed.

U.S. Risk will maintain its Dallas headquarters and continue to operate independently under the company’s various existing brands, U.S. Risk, Oxford, MGB, James Hampden International, Antarah and UNIS. U.S. Risk Chief Executive Officer Randall G. Goss and his current leadership team will remain and continue to lead these businesses.

Commenting on the transaction, Mr. Goss stated: “Having completed this transaction, U.S. Risk will continue to accelerate the path we have set for ourselves as a leading program manager and specialty brokerage firm both domestically and internationally. USI maintains an established track record of operating independent, successful program and specialty brokerage businesses. We remain committed to the same quality of service and the growth and profitability of our carrier partners and retail agents.”

Sandler O’Neill + Partners, L.P. served as financial advisor, and Ropes & Gray LLP served as legal counsel to U.S. Risk in this transaction. Simpson Thacher & Bartlett LLP served as legal counsel to USI.

About U.S. Risk, LLC
U.S. Risk, LLC is a leading international specialty lines underwriting manager and wholesale broker headquartered in Dallas, Texas. Operating 16 domestic and international branches, the company offers a broad range of products and services through its divisions and affiliate companies, which include U.S. Risk Underwriters, U.S. Risk Brokers, U.S. Risk Solutions, Oxford Insurance Brokers Ltd. (UK), James Hampden International Insurance Brokers Ltd. (UK), MGB Insurance Brokers Ltd. (UK), Antarah FZE (UAE) and UNIS United Insurance Services (Zurich). 

For more information, contact:
Randall G. Goss
U.S. Risk, LLC
(800) 232-5830
Send a Secure Email

U.S. Risk enters into agreement to be acquired

February 13, 2019

U.S. Risk Insurance Group (U.S. Risk), one of the nation’s largest property and casualty program and specialty brokerage firms, announced that it has entered into a definitive agreement to be acquired by USI Insurance Services (USI), a leading insurance brokerage and consulting firm. The transaction is expected to close in the second quarter of 2019, subject to customary conditions and regulatory requirements.

Upon the close of the transaction, U.S. Risk will maintain its Dallas headquarters and continue to operate independently under the company’s various existing brands, U.S. Risk, Oxford, MGB, James Hampden International, Antarah and UNIS. U.S. Risk Chief Executive Officer Randall G. Goss and his current leadership team will remain and continue to lead these businesses.

Mr. Goss commented: “With the support of USI, U.S. Risk will continue to accelerate the path we have set for ourselves as a leading program manager and specialty brokerage firm both domestically and internationally. USI maintains an established track record of operating independent successful program and specialty brokerage businesses. We remain committed to the same quality of service and the growth and profitability of our carrier partners and retail agents.”

“We look forward to welcoming Randall and the talented professionals from U.S. Risk,” stated Michael J. Sicard, USI’s chairman and chief executive officer. “We are passionate about growing, investing, and building upon the tremendous program and specialty insurance platform U.S. Risk has established, and expanding together our firm’s existing capabilities both nationally and internationally.”

Sandler O’Neill + Partners, L.P. served as financial advisor, and Ropes & Gray LLP served as legal counsel to U.S. Risk in this transaction. Simpson Thacher & Bartlett LLP served as legal counsel to USI.

About U.S. Risk, LLC
U.S. Risk, LLC is a leading international specialty lines underwriting manager and wholesale broker headquartered in Dallas, Texas. Operating 16 domestic and international branches, the company offers a broad range of products and services through its divisions and affiliate companies, which include U.S. Risk Underwriters, U.S. Risk Brokers, U.S. Risk Solutions, Oxford Insurance Brokers Ltd. (UK), James Hampden International Insurance Brokers Ltd. (UK), MGB Insurance Brokers Ltd. (UK), Antarah FZE (UAE) and UNIS United Insurance Services (Zurich). 

For more information, contact:
Randall G. Goss
U.S. Risk, LLC
(800) 232-5830
Send a Secure Email