King Risk Partners Acquires The Roberts Agency to Strengthen Connecticut Construction Insurance, Surety Bonding, Employee Benefits, and Regional Growth

Unlimited Professional Fintech Publications • USD $999 • 90-Day Validity
Submit Press Release

GAINESVILLE, Florida — June 2, 2026

Executive Summary

King Risk Partners, the 51st largest insurance brokerage in the United States, has acquired The Roberts Agency, Inc., a long-established independent insurance agency based in Bloomfield, Connecticut. The acquisition expands King Risk Partners’ construction insurance and surety bonding expertise, strengthens its presence across Connecticut, and adds specialized capabilities serving home builders, contractors, construction businesses, employers, individuals, and families. The transaction also supports the company’s continued strategy of partnering with respected agencies that bring deep local relationships, specialized knowledge, and long-term client commitment.

Announcement Overview

King Risk Partners announced the acquisition of The Roberts Agency, Inc., an independent agency that has served Connecticut clients for more than 60 years. The partnership enhances King Risk Partners’ regional footprint while adding significant expertise in construction insurance, surety bonding, commercial insurance, employee benefits, and homebuilders program solutions. The Roberts Agency serves a broad range of construction-related businesses, including home builders, trade contractors, and general contractors. According to the companies, the partnership combines The Roberts Agency’s longstanding client relationships and industry specialization with King Risk Partners’ expanded resources, operational capabilities, and growth platform, further strengthening service capabilities throughout Connecticut and surrounding markets.

Key Announcement Details

  • Announcement Type: Acquisition
  • Acquiring Company: King Risk Partners
  • Acquired Agency: The Roberts Agency, Inc.
  • Announcement Date: June 2, 2026
  • Headquarters (King Risk Partners): Gainesville, Florida
  • Headquarters (The Roberts Agency): Bloomfield, Connecticut
  • Primary Strategic Focus: Expansion of construction insurance and surety bonding expertise
  • Industry Focus: Insurance brokerage, risk management, construction insurance, employee benefits
  • Construction Segments Served: Home builders, trade contractors, general contractors, construction-related businesses
  • Specialized Capabilities Added: Construction insurance, surety bonding, employee benefits, commercial insurance, homebuilders program solutions
  • Regional Impact: Strengthens King Risk Partners’ presence throughout Connecticut
  • Growth Objective: Expand local market presence and specialized insurance capabilities
  • Client Segments Supported: Businesses, contractors, employers, individuals, and families
  • Strategic Benefit: Enhances construction-sector expertise and broadens service offerings
  • Business Strategy Alignment: Supports King Risk Partners’ values-aligned acquisition and growth strategy
  • Relationship Strength: Adds more than 60 years of established client relationships and market experience
  • Northeast Expansion Impact: Further strengthens King Risk Partners’ Northeast market presence
  • Long-Term Focus: Continued client service, specialized expertise, and sustainable growth across regional markets

Acquisition of The Roberts Agency

King Risk Partners announced the acquisition of The Roberts Agency, Inc., an independent insurance agency headquartered in Bloomfield, Connecticut.

The acquisition expands King Risk Partners’ capabilities and strengthens its position within the Connecticut insurance market while adding specialized expertise in construction-focused insurance solutions.

Key elements of the acquisition include:

  • Expansion of Connecticut operations
  • Enhanced construction insurance expertise
  • Expanded surety bonding capabilities
  • Broader employee benefits offerings
  • Additional commercial insurance capabilities
  • Strengthened local client relationships
  • Expanded support for contractors and construction businesses

According to the company, the transaction aligns with its long-term growth strategy focused on partnering with agencies that possess specialized market expertise and established customer relationships.

The Roberts Agency’s Construction Insurance Expertise

A major focus of the acquisition is The Roberts Agency’s longstanding specialization in construction insurance and surety bonding.

For more than six decades, the agency has supported businesses throughout Connecticut through insurance programs tailored to the unique requirements of the construction sector.

The agency’s client base includes:

  • Home builders
  • Trade contractors
  • General contractors
  • Construction-related businesses
  • Specialized construction firms

Its service offerings include:

  • Construction insurance solutions
  • Surety bonding programs
  • Commercial insurance coverage
  • Specialized coverage programs
  • Employee benefits solutions
  • Homebuilders program solutions

The acquisition adds meaningful depth to King Risk Partners’ ability to support clients operating within construction and contracting industries.

Strengthening Construction Insurance and Surety Bonding Capabilities

The transaction significantly enhances King Risk Partners’ expertise in two important areas:

Construction Insurance

The Roberts Agency brings extensive experience in developing and managing insurance programs for construction-related businesses operating in a wide range of trades and project environments.

Areas of support include:

  • Risk management solutions
  • Contractor insurance programs
  • Business protection strategies
  • Industry-specific coverage solutions

Surety Bonding

The agency also contributes substantial expertise in surety bonding services, an important requirement for many contractors and construction firms.

The addition of these capabilities allows King Risk Partners to further expand specialized support available to clients operating within the construction sector.

Leadership Commentary

Scott Popilek, Chief Executive Officer of King Risk Partners, emphasized the strategic value of the acquisition and the specialized expertise being added to the organization.

“The Roberts Agency has earned a strong reputation by combining deep industry knowledge with a highly personal approach to client service. Their specialization in construction insurance and surety bonding brings meaningful depth to our platform, while their employee benefits capabilities further enhance the solutions we can deliver to employers and individuals across Connecticut. We’re pleased to welcome The Roberts Agency to King Risk Partners and to build on the trusted relationships they have developed over more than six decades.”

According to King Risk Partners, the acquisition supports its ongoing commitment to expanding capabilities while preserving the trusted relationships that independent agencies have built within their local markets.

Commentary From The Roberts Agency Leadership

Jennifer Semple and Laura Langan, Owners of The Roberts Agency, expressed support for the partnership and highlighted the opportunities it creates for clients and employees.

“Our agency has always focused on helping clients protect their operations, their businesses, and their people with thoughtful guidance and responsive service. Joining King Risk Partners gives us access to additional resources and expanded capabilities while allowing us to continue delivering the personal attention and collaborative approach our clients value. We’re excited for this next chapter and the opportunities it creates for our clients and team.”

The agency indicated that joining King Risk Partners provides access to broader resources while maintaining the client-focused service model that has been central to its operations for decades.

Expansion of Employee Benefits Capabilities

In addition to construction insurance expertise, The Roberts Agency contributes established experience in employee benefits solutions.

The addition enhances King Risk Partners’ ability to support:

  • Employers
  • Business owners
  • Workforces
  • Organizations seeking employee benefits programs

According to the company, these capabilities complement existing insurance offerings and expand the range of solutions available across Connecticut and surrounding markets.

Continued Strategy of Values-Aligned Growth

King Risk Partners stated that the acquisition supports its strategy of thoughtful, values-aligned growth.

The company’s acquisition strategy focuses on agencies that offer:

  • Strong local relationships
  • Specialized expertise
  • Industry leadership
  • Long-term client commitment
  • Collaborative service models
  • Established market presence

According to the company, these characteristics help strengthen its ability to serve clients while preserving the local expertise that independent agencies bring to their communities.

The Roberts Agency’s history, market reputation, and specialized knowledge were identified as important factors supporting the partnership.

Strengthening Presence Across Connecticut and the Northeast

The acquisition further expands King Risk Partners’ footprint in the Northeastern United States.

Strategic benefits include:

  • Stronger Connecticut market presence
  • Expanded regional capabilities
  • Enhanced support for contractors
  • Broader client service capacity
  • Additional expertise within specialized insurance sectors

The company stated that the partnership strengthens its ability to serve businesses, individuals, families, and construction-related organizations throughout Connecticut and neighboring markets.

About King Risk Partners

King Risk Partners is headquartered in Gainesville, Florida and ranks as the 51st largest insurance brokerage in the United States.

With more than 50 years of industry experience, the company provides a broad range of insurance products and services designed to serve individuals, families, employers, and businesses.

Its offerings include:

  • Personal insurance
  • Commercial insurance
  • Employee benefits solutions
  • Specialized insurance programs
  • Business risk management services

The company continues to expand through a combination of organic growth and strategic acquisitions, extending its presence throughout the Eastern and Southeastern United States and additional markets.

King Risk Partners states that its growth strategy remains centered on integrity, professionalism, and customer satisfaction while expanding access to specialized insurance expertise.

About The Roberts Agency

The Roberts Agency, Inc. is an independent insurance agency based in Bloomfield, Connecticut with a history spanning more than 60 years.

The agency is recognized for its expertise in:

  • Construction insurance
  • Surety bonding
  • Commercial insurance
  • Employee benefits
  • Specialized coverage solutions
  • Homebuilders programs

The agency serves clients throughout Connecticut through a service model focused on collaboration, responsiveness, and long-term relationship building.

Media Contact

For additional information, visit king-insurance.com.

Source Attribution

Source: Company announcement

Explore more

Bitmine Immersion Technologies announces $9.6 billion in crypto and cash holdings including 4.371 million ETH to advance its Ethereum treasury strategy

Bitmine Announces $9.6B Crypto and Cash Holdings Including 4.371M ETH to...

LAS VEGAS — February 17, 2026 Executive Summary Bitmine Immersion Technologies, Inc. (NYSE American: BMNR) announced that its total crypto, cash, and strategic investment holdings have...
ACI Worldwide ACI Connetic for Cards unified cloud native payments platform for card issuing acquiring and payment processing

ACI Worldwide Launches ACI Connetic for Cards to Modernize Card Payment...

OMAHA, Nebraska — March 4, 2026 Executive Summary ACI Worldwide (NASDAQ: ACIW), a provider of global payments technology solutions, has announced the launch of ACI Connetic...
Threadline Wealth launches as independent RIA after Moss Adams Wealth Advisors transition with Cynosure investment and coordinated wealth management services

Threadline Wealth Launches as Independent RIA Following Moss Adams Wealth Advisors...

SEATTLE — March 23, 2026 Executive Summary Moss Adams Wealth Advisors (MAWA) has formally transitioned to an independent firm and rebranded as Threadline Wealth, marking a...
Blue Cross Blue Shield of Massachusetts earns the highest JD Power ranking for member satisfaction and trust among commercial health plans in Massachusetts in 2026

Blue Cross Blue Shield of Massachusetts Earns #1 JD Power Ranking...

BOSTON — May 29, 2026 Executive Summary Blue Cross Blue Shield of Massachusetts has been ranked #1 in member satisfaction and trust among commercial health plans...
Vault selects Thredd as its issuer processing partner to expand card programs across Australia and the United Kingdom

Vault Selects Thredd as Strategic Issuer Processing Partner to Expand Card...

SYDNEY — February 4, 2026 Executive Summary Thredd has announced that Vault Payment Solutions has selected Thredd as its strategic issuer processing partner to support its...
Algebrik AI Algebrik ONE Loan Origination Suite selected by Gold Coast Federal Credit Union to modernize digital lending and account opening

Algebrik AI Announces Gold Coast Federal Credit Union Selection of Algebrik...

NEW YORK — March 9, 2026 Executive Summary Algebrik AI, a Delaware-incorporated company headquartered in New York City and developer of a cloud-native, AI-powered end-to-end Loan...
VTEX AI-native commerce suite platform showcasing AI Workspace, CX platform, Ads platform, and ecommerce automation tools announced at VTEX Vision 2026

VTEX Announces AI-Native Commerce Suite to Automate Ecommerce Operations, Enhance Customer...

NEW YORK — April 16, 2026 Executive Summary VTEX has announced a major evolution of its technology architecture, placing artificial intelligence at the core of its...
Walton Global announces surpassing $3 billion distributed to investors amid growth in U.S. land banking and housing market demand

Walton Global Surpasses $3 Billion Distributed to Investors as U.S. Housing...

SCOTTSDALE, Arizona — May 11, 2026 Executive Summary Walton Global has announced that the company has surpassed $3 billion distributed to investors, marking a major milestone...