LP Risk Acquires Wholesale Insurance Broker, Houston Surplus Lines

Texas-based managing general agency and surplus lines broker, LP Risk, has acquired the assets and operations of Houston Surplus Lines, an independently owned wholesale insurance brokerage.

Houston Surplus Lines team will become a part of LP Risk and will expand the company’s presence in Texas.

Founded in 1994, Houston Surplus Lines has long standing agency relationships in Texas. Specialties and areas of expertise include commercial property and casualty, professional, garage and personal lines. Along with knowledge and expertise, the company will bring numerous binding authority contracts to LP Risk’s expanding platform of markets.

Source: LP Risk

Topics Mergers & Acquisitions Texas Agencies Excess Surplus Insurance Wholesale