Risk Strategies Company (RSC), a national insurance brokerage based in Boston, recently acquired Burlington, Mass.-based D&D Insurance Agency, an independent personal and commercial lines agency. Terms of the deal were not disclosed.
The transaction is RSC’s fourth acquisition in the past two years and its second in the Boston area in the past year. In December 2011, RSC acquired Needham, Mass.-based Global Insurance Network, a real estate/condo market insurance specialist.
As part of the deal, D&D’s founder and principal Mark Vallucci joins RSC as vice president and he will help to further expand RSC’s personal and commercial lines business. The entire D&D team will become RSC employees and will service existing and new clients from RSC’s Randolph and Burlington offices.
Risk Strategies Company CEO Michael Christian said the acquisition is part of the firm’s ongoing effort to further expand its Boston-area professional staff and client base.
RSC is a national brokerage firm distributing property/casualty insurance and employee benefits insurance products to both privately held and publicly traded commercial clients and individuals. RSC is headquartered in Boston, with additional offices in Metro Boston, Providence, New York City, Metro New York, Chicago, Irvine, Los Angeles, Sacramento and San Francisco.
D&D Insurance Agency is a Burlington, Mass.-based independent insurance agency providing auto, home and business insurance.