King Risk Partners, the 51st largest insurance brokerage in the United States, has expanded its footprint in the Southern market through the acquisition of Hanc Group, an insurance agency based in Alpharetta, Georgia. The transaction strengthens King Risk Partners’ presence in Georgia and reinforces its disciplined growth and community-focused service strategy.
Hanc Group has built a strong reputation within Georgia’s Korean community, providing a comprehensive suite of insurance solutions for individuals and businesses across the state. The firm offers expertise spanning personal insurance, commercial coverage, and employee benefits, with a focus on delivering competitive pricing and tailored coverage options.
The acquisition enhances King Risk Partners’ ability to provide locally focused support while adding specialized capabilities and deeper community relationships in the region. The combined organization aims to broaden personal and commercial insurance offerings while maintaining a high-touch service model.
King Risk Partners is recognized as a leading insurance brokerage offering a wide range of insurance products and services to meet diverse client needs. The firm emphasizes integrity, professionalism, and long-term client relationships as core components of its operating philosophy.
Hanc Group will continue serving clients statewide, now supported by expanded resources and infrastructure designed to enhance service capabilities and long-term growth.
KEY QUOTES:
“We are delighted to welcome Hanc Group to the King Risk Partners team. Hanc Group has developed an outstanding reputation for service and trusted client relationships, and their team shares our people-centered approach. This partnership reinforces our presence in Georgia and helps us provide locally focused support.”
Scott Popilek, Chief Executive Officer, King Risk Partners
“Partnering with King Risk Partners gives us new resources that benefit our clients and our team. We will be able to expand our personal and commercial insurance offerings while continuing to deliver the high-touch service and close customer relationships that have defined Hanc Group.”
Rick Hanc, Owner, Hanc Group