Atlanta-based wholesale insurance brokerage Swett & Crawford Group Inc. announced today that it has acquired Risk Reducers, LLC, a wholesale insurance brokerage specializing in workers' compensation. Financial terms were not disclosed.
The company said that Little Rock, Ark.-based Risk Reducers also writes specialized property and casualty insurance for the transportation, manufacturing and contractor segments in the Midwest and Southeast, and also deals in commercial auto and occupational accident insurance products.
J. Neal Abernathy, president and chief executive officer of Swett & Crawford, said Risk Reducers' industry reputation is "outstanding" and his company believes it will be a good fit.
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