Risk Strategies Acquires May, Bonee & Clark Insurance

Adds strength in Employee Benefits, Financial Services to New England Region
Globe NewswireApril 7, 20234 min

Risk Strategies, a leading national specialty insurance brokerage and risk management firm, today announced it has acquired May, Bonee & Clark Insurance, a Connecticut-based firm providing insurance placement, financial services and risk management advice. Terms of the deal were not announced.

Formed through the merger of May, Bonee & Co. and the Clark Agency, MB&C has provided tailored insurance placement to businesses and individuals, as well employee benefits programs, corporate retirement planning and asset management, financial and wealth planning services, in the Greater Hartford area for over 35 years. Today, the firm is based in Glastonbury, CT, and led by its principals, Tom and Daniel Clark and Ryan Friedman.

“Our focus when evaluating a potential partner to expand our capabilities is primarily on the firm’s culture and commitment to expert knowledge in service to its clients,” said Edward Flanagan, New England Regional Leader, Risk Strategies. “The team at May, Bonee & Clark clearly hit that mark – great people doing smart work for an incredibly loyal customer base. I’m excited to have them joining the Risk Strategies family.”

MB&C crafts effective placement of insurance coverages ranging from life, home and auto for private clients, to builders’ risk, commercial general liability, workers compensation and more for businesses. The firm also offers extensive capabilities in the creation of employee benefits programs for businesses, from design and installation to daily servicing, across fully insured, self-insured and partially self-funded alternatives.

“Insurance, financial planning and risk management have become increasingly complex,” said Tom Clark, Partner, May, Bonee & Clark. “Becoming part of a national scale, true specialty firm like Risk Strategies makes perfect sense given the many benefits that will accrue to our clients.”

Throughout its history, MB&C has taken a thoughtful approach to building out its staff, providing the ongoing education needed for them to develop and maintain wide and deep knowledge of the insurance and financial services industry’s complexities. This commitment to expertise has allowed the firm to consistently provide clients with superior information, solutions and service.

Securities and investment advisory services are offered through LPL Financial, a Registered Investment Advisor. Certain representatives of MB&C are also Registered Representatives offering securities through LPL Financial, Member FINRA/SIPC.

Globe Newswire

Leave a Reply

Your email address will not be published. Required fields are marked *


We are one of the world’s leading Fintech-based media publication with our content strategized and synthesized to fit right into the expanding ecosystem of Finance professionals. Be it fintech live news, finance press releases, tech articles from Fintech evangelists or interviews from top leaders from global fintech firms, we give the best slice of knowledge topped up with the aptest trends. Our sole mission is to help tech and finance professionals step up with the rapidly emerging Fintech civilization and gain better insights to emerge victorious in every possible way. We adopt a 360-degree approach in order to cater to present a holistic picture of the fintech arena.

Our Publications

FintecBuzz, 2023 © All Rights Reserved