Exciting Growth in Kansas City’s Insurance Scene: A Transformation Fueled by Innovation and Client Focus

Exciting Growth in Kansas City’s Insurance Scene

In the heart of Kansas City, Missouri, a remarkable transformation is taking place in the insurance landscape. Back in 2019, the longstanding Thomas McGee Group, a familiar name for local businesses, was acquired by Risk Strategies, which is recognized as the country’s ninth-largest privately held insurance brokerage. Fast forward to today, and the merger has not only weathered the storm of industry challenges but has also paved the way for significant growth and innovation.

The Beginning of a New Era

When Risk Strategies took the reins, the need for scale and expertise was becoming more pressing than ever. With businesses facing increasingly complex risks—from shifting regulations to extreme weather and cyber threats—understanding and managing these risks is paramount. That’s where the combination of Thomas McGee’s deep regional roots and Risk Strategies’ national reach comes in, providing clients with the tailored solutions they need to protect what matters most.

Focus on Clients

One of the standout achievements five years into this partnership has been the impressive retention rate of Thomas McGee’s clients. Many of these relationships have spanned decades, demonstrating the invaluable personalized service that has always been a hallmark of the firm. The trust built over the years is evident, as clients continue to rely on the team, fueling steady business growth in the greater Kansas City area and beyond.

For instance, in 2023, the Thomas McGee team successfully secured a significant contract with a Kansas City-based company that operates extensively across the United States. By leveraging Risk Strategies’ resources, local practitioners painted a clearer picture of the property and casualty insurance market for larger risks, resulting in a groundbreaking strategy that saved the client over $2.5 million in annual premiums. This is a huge win, showcasing how local insight, combined with national expertise, can lead to incredible results.

Strengthening the Local Workforce

Another key aspect of the acquisition was the attention given to staff stability. Although Thomas McGee is now part of a larger national organization, the local team has remained intact, preserving the core of what made the company successful. This stability has allowed talented individuals to evolve into regional and national leaders within the Risk Strategies framework, creating new career opportunities for many team members.

Being part of a broader network of over 500 employees across 25 offices amplifies their capabilities to serve the clients even better. The collaborative spirit is palpable, offering even more resources and specialization, enabling the local office to operate more efficiently.

Preserving Legacy While Embracing Change

The Thomas McGee TPA group, which specializes in loss adjustment services for self-funded clients, continues to operate under its legacy name. This dedication to maintaining a distinct identity allows them to uphold their excellent reputation while benefiting from the wealth of resources available through Risk Strategies.

Leading the Market with Specialized Services

Known in the region for expertise in commercial lines and employee benefits, Thomas McGee’s offerings have only gotten stronger post-acquisition. The firm’s captive insurance programs have been industry leaders, aligning nicely with Risk Strategies’ national practices. Their expertise extends into the surety business, particularly within the construction sector, allowing them to provide uniquely tailored solutions that meet the specific demands of their clients.

Looking Ahead

The acquisition of Thomas McGee Group by Risk Strategies has undoubtedly enhanced client service and retention while expanding market reach. With a deep commitment to innovation and client satisfaction, this partnership seems well-positioned not just to continue the legacy of Thomas McGee, but to lead the industry for many years to come.

If you want to explore these offerings or learn more about how they can help secure your business, feel free to reach out to the Kansas City office of Risk Strategies by calling 816-842-4800. Exciting times are ahead for insurance in Kansas City!