In a move to strengthen its presence in key markets, Trucordia has acquired the insurance business of the Richard King Insurance Agency, a family-run brokerage based in Powhatan, Virginia.
Richard King Insurance Agency has been providing customized insurance solutions to individuals and businesses since 1987.
Brooke K. DeWyze, chief development officer at Trucordia, highlighted the shared values between the two companies: “We’re excited to welcome the Richard King Insurance Agency team to Trucordia. They share our commitment to delivering world-class service, and we’re eager to have them join us and continue to grow as we build the next great insurance brokerage.”
With over 5,000 professionals nationwide, Trucordia continues to pursue its goal of creating opportunities and improving experiences for clients, team members, and partners.
This acquisition supports Trucordia’s strategy of aligning with businesses that have high growth potential and can expand its offerings in targeted industries. The company’s approach focuses on forging partnerships with established firms to enhance client services and capabilities.