Risk Strategies announced it has acquired Schroeder Insurance, a Missouri-based firm with a specialty focus in the commercial lines and private client sectors. Terms of the deal were not disclosed.

Led by brothers Paul and Ted Schroeder, who each have over 30 years of industry experience, Schroeder Insurance’s business is closely split between commercial and private clients. The agency has specialty experience in a number of industries including hospitality, the public sector, and emergency response organizations, among others.

Schroeder Insurance traces its beginnings back to 1953 and founding partners A.C. Schroeder and Charles H. Schroeder. Its two offices in Union and Washington are located just west of St. Louis, Missouri. Schroeder Insurance has augmented its growth over the years through strategic acquisitions that have deepened its capabilities.

n recent years, Risk Strategies has made key investments to build out its presence and capabilities in the Midwest, including Gabrielson Insurance & Financial Services and Comprehensive Benefits Inc., both in January 2025 in the greater Detroit area; the Ralph C. Wilson Agency in Michigan in February 2024; Illinois-based IZALE Financial Group in 2023; First Insurance Group in Ohio in 2023; and the insurance business of Johnson Financial Group, located in Wisconsin, in 2023. In Missouri alone, Risk Strategies has recently acquired Thomas McGee Group, Stephens & Associates, and Beattie & Associates, all based in St. Louis and Kansas City.

Topics
Mergers & Acquisitions
Missouri