Florida-based brokerage adds North Andover independent agency to its growing acquisition portfolio
King Risk Partners announced June 25 that it has acquired Perry Insurance Agency, LLC, an independent insurance agency based in North Andover. King Risk Partners claims this latest acquisition continues its strategic approach of partnering with independent agencies that have established local relationships, provide client-focused service, and offer long-term growth opportunities in key markets.
According to the announcement, North Andover-based Perry Insurance Agency has served individuals, families, and businesses for more than 15 years, offering a range of property and casualty insurance products, including personal, commercial, and liability coverage.
Acquisition supports Massachusetts expansion
Scott Popilek, Chief Executive Officer of King Risk Partners, said the acquisition aligns with the company’s growth strategy in Massachusetts and follows the company’s 2025 acquisition of Waltham’s Acacia Insurance.
“Perry Insurance Agency represents the type of partner we look for as we continue to grow strategically. They have built meaningful relationships in their community through attentive guidance, trusted client support, and a clear focus on helping individuals, families, and businesses make confident insurance decisions. This partnership supports our continued expansion in Massachusetts and reflects our disciplined approach to growth, which is focused on aligning with agencies that share our values and strengthen the solutions we deliver to clients.”
Perry Insurance Agency owners discuss next chapter
Owners Darryl Perry and Marc Perry said the partnership will provide additional resources while allowing the agency to continue serving its clients.
“Our agency has always been built around trusted relationships, thoughtful guidance, and a commitment to helping clients feel confident in their insurance decisions,” said Darryl Perry and Marc Perry, Owners of Perry Insurance Agency. “Partnering with King Risk Partners gives us access to expanded resources and broader capabilities while allowing us to continue serving clients with the personal attention they know and value. We are excited for this next chapter and the opportunities it creates for our clients and team.”
About King Risk Partners
King Risk Partners is headquartered in Gainesville, Florida, and describes itself as the 51st-largest insurance brokerage in the United States. According to the company, it has more than 50 years of experience and offers personal, commercial, and employee benefits insurance products and services.
The company said it continues to expand through both organic growth and strategic acquisitions while increasing its presence across the Eastern and Southeastern United States and beyond.
