Member News

Prime Risk Partners Acquires Gunn, Steers & Co.

December 1, 2017

Prime Risk Partners, Inc. (PRP) has announced its acquisition of Gunn, Steers & Company (“Gunn Steers”), a Manhattan-based insurance broker with a  specialized practice for financial institutions and asset management companies. Gunn Steers will maintain its name and continue operating at its current location in the heart of Manhattan.

As part of PRP, Gunn Steers will continue to offer clients seamless day-to-day service, backed by the national resources of PRP and the metro presence of Cook Mar an & Associates (“Cook Maran”), PRP’s New York metropolitan area platform and one of New York/New Jersey’s largest agencies. In turn, Gunn Steers’ specialized and well branded expertise in financial services will be available to all clients of PRP countrywide.

Gunn Steers started in 1925 and grew to become a large domestic and international full service brokerage and  financial services firm. Over the last 30 years, the firm has focused its efforts on brokering and servicing financial institution related clients. This expertise allows Gunn Steers to provide trusted guidance  to clients on  identifying exposures to loss, avoiding risk, transferring risk and purchasing broad, cost effective insurance  programs.

“Gunn, Steers has established a trusted reputation and nationally recognized expertise for FI and asset management clients,” said Bret Quigley, Chairman and CEO of Prime Risk Partners. “This specialty will  add capabilities to our national platform and strengthen our presence in the New York metropolitan area, already growing via strategic acquisitions and superior service through Cook Maran.”

“We are thrilled to be joining one of the fastest g rowing national insurance platforms in the country, ” said  William “Bill” Steers, Managing Member & CEO. “In teaming up with Prime Risk, we will be able to provide new proficiencies and resources to better support our current and future clients while maintaining the high-quality  service for which we are known.”

PRP is among the industry’s fastest-growing firms, building a national platform founded with leading regional agencies like Cook Maran and Gunn Steers that seek expansion through local management and knowledge with the resources of a dynamic national organization.