Risk Strategies has acquired Sebastian Insurance Group. The terms of the deal were not announced.
Operated by its principal, Bill Kriener, Sebastian Insurance Group is headquartered in Sebastian, Florida. The firm offers a wide range of custom coverages, including property and casualty insurance for homes, vehicles, boats, and businesses, as well as flood insurance.
“We are very excited to welcome Bill and his team at Sebastian Insurance Group into the Risk Strategies family,” said Scott Popilek, Risk Strategies Atlantic region leader. “Combining our specialty capabilities with Sebastian’s great reputation and local area knowledge, we believe, will enable a robust build out of business.”
After 25 years working in the financial services industry, Kriener moved to Florida with his family and with his business partner, Gary Frazier, acquired Sebastian Insurance from its previous owner in 2008.
As part of Risk Strategies, Sebastian will be able to further extend its relationships and offerings to new and existing clients, the company said.