Kibble & Prentice Joins RiskProNet

Seattle-based Kibble & Prentice has joined RiskProNet International, Inc., a network of 29 major independent brokers across the United States and Canada.

Kibble & Prentice, with offices in Seattle and Bellevue, has a staff of over 200. It offers commercial insurance, employee benefits, executive benefits, business succession planning, retirement planning and private client services.

“As one of the largest regional brokerage firms in the Northwest, we are independent and are committed to staying that way,” said Mark Vaughn, vice president of operations for the property and casualty division. “We see affiliation with RiskProNet and its network of regional agencies with similar goals as a way to accomplish that objective, while expanding the services we can provide to our clients.”

Kibble & Prentice will bring strength to RiskProNet, said RiskProNet Executive Director Gary Normington. “Kibble & Prentice has an established reputation as a firm that assists clients in making sound decisions that create value and manage risk,” he said. “RiskProNet is designed to help our members share best practices, and we look forward to having Kibble & Prentice as part of our network.”

Kibble & Prentice works with Northwest businesses to provide a single source for property and casualty insurance, employee benefits, retirement plan services, executive benefits, and business continuation planning services. For individuals, the firm provides private asset management, personal property and liability risk management services, trust and estate planning services, long-term care and disability planning services. More information is available via the Web at www.kpcom.com.

RiskProNet partners in 2004 had combined revenues of $688 million, giving the organization significant market strength. Each partner is an equal owner in the association, which gives its members the geographic diversity and shared knowledge base to serve clients with national, international or highly specialized exposures to risk. Total written premiums in 2004 were more than $6.5 billion.

Through its partnership with the International Insurance Brokers Association, RiskProNet members can serve clients with operations in more than 300 cities in 110 countries.