LP Risk News

XPT Specialty Acquires Texas MGA, LP Risk

XPT Partners LLC has acquired Texas-based LP Risk Inc., a full service managing general agency (MGA) and surplus lines broker with a wide range of commercial property/casualty coverages distributed to retail agents through in-house and brokerage markets. Led by Landon …

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 …

Shofner Joins LP Risk in Texas as Director of Operations

Bryan Shofner has joined Houston-based wholesale insurance broker and managing general agency, LP Risk, as director of operations. Shofner’s previous roles include senior vice president of Marsh McLennan Agency LLC and president and CEO of Shofner & Associates Insurance Agency. …

Texas Insurance Wholesalers Find Strength in Independence, Relationships

There’s no denying the robust mergers and acquisition trend among wholesale brokers in the property/casualty insurance industry nationwide, and Texas is no exception. But some Texas wholesale brokers and managing general agents (MGAs) with fiercely independent streaks say that while …

Texas-Based M.D. Jensvold Co. Changes Name to LP Risk

Houston, Texas-based wholesale insurance brokerage, M. D. Jensvold Co. Inc., has changed its name to LP Risk, the firm’s owner, Landon Parnell, announced. This new name reflects the company’s evolving focus, standards of the company and the breadth of products …