US insurance broker Prime Risk Partners joins EPIC Insurance Brokers & Consultants

US retail insurance broker EPIC Insurance Brokers & Consultants has acquired retail insurance broker Prime Risk Partners. The acquisition adds approximately 600 people in 20 locations and over $115 million in revenue.

Prime Risk Partners, headquartered in Atlanta, Georgia, is a growing national firm of insurance professionals dedicated to providing tailored solutions to clients.

EPIC, founded in 2007, has grown to become one of the 15 largest US retail insurance brokers and the nation's ninth largest privately held insurance brokerage.

"Our partners have been delivering strategic guidance and service around the risk management, insurance and benefit consulting needs of our clients for decades," said Prime Risk Partners' chairman & CEO Bret Quigley. “Joining EPIC will allow us to deliver an even broader and deeper set of capabilities and added value to our clients with the same commitment to excellence that has always been a hallmark of our partners."

Adam Meyerowitz, Prime Risk Partners' president and co-founder added: "Our vision for Prime Risk Partners is to build a superior national insurance platform. Joining EPIC allows us to accelerate that vision rapidly with like-minded leadership we know well and respect. We are thrilled to join forces with such a unique and highly successful company as EPIC."

Prime Risk Partners will initially operate as Prime Risk Partners – an EPIC Company following closing. Prime Risk Partners' operating leadership and insurance professionals will continue to provide service from their existing locations. Adam Meyerowitz will join EPIC's executive leadership team.

EPIC President Steve Denton said: "Bret Quigley and Adam Meyerowitz have built Prime Risk Partners the right way by bringing together brokers and agents with great reputations and specialties in the markets they serve. Their team fits perfectly with our existing New York and New Jersey operations, adds a substantial presence to our Boston business and opens up a sizable new region for us in the Midwest. We are thrilled be able to partner with Prime Risk Partners and we look forward to the future together."

Get all the latest re/insurance industry news with our daily newsletter -  sign up here.

​ ​​On-demand insurance set to become a bigger part of the industry: IUA AXIS introduces thermal coal and oil sands underwriting and investment policy
​​
AIG set to be involve​​d in Elon Musk defamation case: Bloomberg

Illegal cannabis farms drive surge in malicious damage claims

Swiss Re and Pioneer collaborate on telematics solution

Applied Underwriters acquired by founder

Applied Systems updates digital agency portfolio

Beyontec launches insurance solution for non-standard auto MGAs

Sedgwick outlines Asia growth plans

Government of Guatemala joins CCRIF

CNA appoints Mark James chief risk and reinsurance officer

Feature:  10 ways insurers are using insurtech to drive new business