Louisiana-based Oak Point Risk Advisors acquired by PCF Insurance Services

American insurance brokerage firm PCF Insurance Services has acquired Oak Point Risk Advisors, a Louisiana-based risk management and insurance agency, for an undisclosed price.

Oak Point Risk Advisors caters to the maritime, oil and gas, and construction industries located along and on the Gulf of Mexico with commercial insurance solutions.

Ronny Sternfels — Oak Point Risk Advisors President said: “At our very core, Oak Point Risk Advisors is a client service organization that prides itself on being a trusted advocate for our clients. By joining the PCF Agency Partner network, we are empowered to build upon and expand our risk management and insurance packages to protect the workforce and business continuity of our clients.”

Based in Utah, PCF Insurance Services offers commercial, employee benefits, life and health, and workers’ compensation solutions.

Peter C. Foy — PCF Insurance Services Founder, Chairman, and CEO said: “We are excited to welcome Oak Point Risk Advisors to our PCF Agency Partner network.

“Oak Point is a growing agency with a unique and deep understanding of the risks businesses along the Gulf Coast face, and their expertise in mitigating risks in the hazardous industries that they serve will be invaluable to our partner network.”