US-based Risk Strategies has purchased MacCorkle Insurance Service, which will allow the firm to expand its operations in the San Francisco area.
Based in Burlingame, MacCorkle Insurance is a full service employee benefits and property/casualty insurance brokerage and consulting firm.
Terms of the deal have not been disclosed.
MacCorkle Insurance offers comprehensive health and welfare benefits, property/casualty, and private client personal lines brokerage/consulting services.
The company is also specialized in risk and insurance solutions for technology companies, financial institutions, real estate firms, and high net-worth individuals.
The acquisition will help Risk Strategies to enhance its employee benefits, private client personal lines and property/casualty capabilities.
MacCorkle Insurance CEO Bernard Lauper and principal Keith Fujishige, along with their respective teams, will continue to work with the combined firm.
Lauper said: "MacCorkle has been a noted Bay Area insurance advisor and broker for nearly 50 years, focusing on employee benefits, high net-worth personal lines, and property/casualty for technology firms."