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Risk Strategies buys New Mexico broker

Posted On: Jan. 19, 2022 10:23 AM CST


Risk Strategies Co. said Wednesday it has acquired specialist broker Burke Insurance Group LLC.

Terms of the deal were not disclosed.

Las Cruces, New Mexico-based Burke specializes in the surety bond, construction, and oil and gas sectors in New Mexico and West Texas, Risk Strategies said in a statement. The broker’s website shows three employees.

The deal is Risk Strategies’ first in New Mexico.

Boston-based Risk Strategies, which is the trading name of RSC Insurance Brokerage Inc.,  is the 16th largest brokerage of U.S. business, according to Business Insurance’s latest ranking.