K&K Insurance Acquires Leisure Sports Specialists

K&K Insurance Group Inc. has acquired Fort Wayne, Ind.-based Leisure Sports Specialists LLC. Terms of the transaction were not disclosed.

The Leisure Sports Specialists acquisition expands K&K’s footprint as specialist in the sports, leisure and entertainment insurance industries.

K&K has already begun the planned integration of the two companies’ business operations. As part of the initial integration of accounts, Leisure Sports Specialists’ founder Matt Sackett will move to K&K as national sales manager and Mike Larkin will join Tim McGee in leading K&K’s underwriting teams.

K&K Insurance Group Inc., a division of Aon Underwriting Managers (AUM), is a managing general underwriter offering insurance products and services to the sports, leisure and entertainment industries.

Source: K&K, www.kandkinsurance.com