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King Insurance coverage Companions has introduced a major milestone in its progress trajectory, having elevated its income over 15 occasions since 2021. The corporate is projected to surpass $75 million in income by the top of this yr.

The corporate credited this achievement to strategic mergers and acquisitions alongside constant natural progress. Over the previous three years, King has accomplished 36 acquisitions, increasing its workforce to almost 300 people.

As a part of this progress, King Insurance coverage Companions has additionally welcomed Pete Gilbertson (pictured above) as the brand new president. Gilbertson brings a 35-year profession within the insurance coverage brokerage business. He beforehand served as government vp at USI, overseeing California operations throughout 10 workplaces with 450 staff.

His previous roles additionally embrace government vp and regional managing director for the North Area at Wells Fargo Insurance coverage Companies and assistant vp at Marsh. Gilbertson holds a level in economics from Lafayette School and an MBA from the Leonard N Stern Faculty of Enterprise at NYU.

Gilbertson’s expertise covers numerous features inside an insurance coverage dealer, from gross sales and mergers and acquisitions to operations. King Insurance coverage Companions’ highlighted his management as integral in driving progress and enhancing its potential to serve purchasers successfully.

Malcolm King, founder and CEO of King Insurance coverage Companions, said that Gilbertson is an ideal complement to the workforce and group.

“He brings a wealth of expertise and data throughout many disciplines inside P&C insurance coverage. By means of leveraging Pete’s deep expertise, I’m sure that King will collectively obtain their bold targets,” King stated.

“I’m past excited to affix the King Insurance coverage Companions workforce. They’ve collectively constructed an unbelievable and extremely regarded insurance coverage dealer. Collectively, I’m assured in our potential to proceed alongside King’s already-impressive natural and inorganic progress trajectory,” Gilbertson stated.

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