Swett & Crawford Group Acquires Ark. Workers’ Comp Brokerage

Wholesale insurance intermediary Swett & Crawford Group Inc., reported the acquisition of Little Rock, Ark.-based Risk Reducers LLC, a wholesale insurance broker specializing in workers’ compensation.

Based in Little Rock, Ark., Risk Reducers writes workers’ compensation and specialized property and casualty insurance for the transportation, manufacturing and contractor segments in the Midwest and Southeast. In addition to workers’ compensation, the company has built a growing specialty in commercial auto and occupational accident insurance products.

Risk Reducers is led by Chief Executive Officer and co-founder M. Keith Kimbro. The company’s 43 professionals enjoy a working relationship with over 1,500 retail independent and captive agencies, the announcement said.

Source: Swett & Crawford, www.swett.com