San Diego-based K2 Insurance Services has acquired Star & Shield Insurance, an affinity distributor of insurance products to members of the public safety community and their families located in Alpharetta, Ga.
Star & Shield offers insurance products through multiple insurers with product features targeting the specific needs of public safety personnel. President and CEO Allen Durham has over 20 years of experience in the insurance and reinsurance industry with over two-thirds of his career working with the public safety sector.
Durham said the alignment with K2 provides an additional catalyst as the company expands its product offering and grows to a national presence.
K2 was formed in 2011 by Chairman Pat Kilkenny and President & CEO Bob Kimmel, in partnership with investment firm Endeavour Capital. Kilkenny formerly ran and owned Arrowhead General Insurance. Kimmel served as executive vice president and MGA Practice leader at Guy Carpenter, an insurance intermediary and a division of Marsh & McLennan Companies.
Topics Mergers & Acquisitions Georgia
Was this article valuable?
Here are more articles you may enjoy.
Europe’s Insurers Cut Coverage of Weather Losses, Report Says
Banking Watchdogs Ramp Up AI Scrutiny as Stability Fears Mount, Sources Say
Business Interruption Claims Approach $1M Average, Says Allianz
AI Models May Soon Self-Replicate Across Smart-Home Devices, Anthropic Warns 

