King Risk Partners Expands Northeast Presence with Fidens Insurance Acquisition

King Risk Partners has recently acquired Fidens Insurance Brokers, a New Jersey-based agency specializing in commercial insurance across multiple sectors like construction, healthcare, and technology. This acquisition furthers King Risk's strategy to grow its presence in the Northeast and enhance its service offerings through Fidens' expertise in areas including mergers and acquisitions insurance. Financial terms of the deal were not disclosed.

This move is part of a broader expansion strategy by King Risk, which has completed several acquisitions in 2024 including agencies in Florida, Mississippi, and Rhode Island. These acquisitions broaden King Risk's geographical footprint and diversify its portfolio, enabling access to new markets and client segments in personal, commercial, health, and life insurance.

The integration aims to leverage shared values of integrity and accountability while enhancing resource availability and strategic capabilities for clients. An independent advisor firm, Helfer & Associates, facilitated the Fidens acquisition, indicating a structured approach to King Risk's acquisition and growth plan in the competitive insurance agency sector.