Augment Risk appointed Steve McElhiney as partner of its newly created captive and alternative risk transfer solutions offering. McElhiney focused on driving growth in market segments where traditional solutions fall short, allowing Augment Risk to bring innovative strategies to under-penetrated areas, supporting the firm’s development across North America.

Trucordia has acquired the insurance business of Richard King Insurance Agency, a family-owned brokerage firm in Powhatan, Virginia. This latest acquisition aligns with Trucordia’s strategy to attract businesses with high growth potential in target industries and markets that have the ability to enhance its offerings to clients.

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