Printed from BusinessInsurance.com

Risk Strategies acquires Pennsylvania retail broker

Posted On: Feb. 16, 2022 11:46 AM CST

M&A

Risk Strategies Co., the trade name for RSC Insurance Brokerage Inc., said Wednesday it has acquired retail broker Joyce Insurance Group.

Terms of the deal were not disclosed.

Headquartered in Pittston, Pennsylvania, Joyce Insurance Group also has offices in Old Forge, Nanticoke and Allentown, Pennsylvania, and specializes in municipalities, schools, excavators, transit authorities and public works-related companies.

The deal includes associated firms Joyce Jackman Bell and Joyce Haggerty Bell, which focus on commercial lines and personal lines, respectively, Risk Strategies said in a statement.

Joyce Insurance Group has more than  9,000 clients and is run by founder Joseph Joyce Sr.’s three sons, John Joyce, Joseph Joyce Jr. and Bill Joyce Sr.

Risk Strategies is the 16th largest broker of U.S business, according to the latest Business Insurance rankings.