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Catch us in the News
Exciting developments are underway at FernRock Risk Partners! From innovative product launches to strategic partnerships. Stay up to date on how we are revolutionizing the industry and making waves in the insurance world.
Newest Addition
FernRock is excited to announce its newest member;
Burkhead Insurance Services
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Beaver, PA – March 6, 2025 – FernRock Risk Partners, a leading insurance brokerage and risk management firm, has acquired Burkhead Insurance Services, a well-established provider of insurance solutions. This acquisition expands FernRock’s service offerings and strengthens its position as a premier provider of comprehensive insurance and risk management services.
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Enhancing Client Solutions
The partnership with Burkhead Insurance Services aligns with FernRock’s commitment to providing innovative, personalized solutions for clients across various industries. Combining the expertise of both companies, FernRock will enhance its capabilities in offering tailored insurance products, risk management solutions, and comprehensive client services.
“The partnership with Burkhead Insurance Services represents an exciting new chapter for FernRock Risk Partners,” said Marty Muchnok, President of FernRock Risk Partners. “We’ve always prided ourselves on offering a client-first approach, and Burkhead’s longstanding reputation for customer-centric service makes them an ideal fit for us. Their deep knowledge of the insurance landscape and commitment to excellence will complement our existing operations, allowing us to provide even more robust solutions and expand our reach in the industry”.
“Burkhead Insurance Services is thrilled to announce our affiliation with FernRock Risk Partners,” Casey Burkhead states. “This partnership will reinforce our ability to provide our clients with unparalleled service and expand our tool chest of insurance solutions tailored to meet their unique needs”.
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Strategic Growth
This acquisition is a key step in FernRock’s growth strategy, reinforcing its mission to deliver unparalleled service and value to clients. Burkhead Insurance Services’ expertise in risk management, claims handling, and business continuity planning enhances FernRock’s offerings and ability to respond to the evolving needs of the market.
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Broader Offerings
By joining forces, FernRock Risk Partners will offer a broader array of insurance products, expand its geographic footprint, and leverage Burkhead’s established relationships to better serve clients. The synergies between the two organizations will result in operational efficiencies, enabling FernRock to continue investing in technology and innovation.
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Client Benefits
Clients of both companies will benefit from a wider range of insurance options and expanded resources, including greater access to specialized risk management solutions. This collaboration enhances FernRock’s ability to provide personalized service, ensuring each client’s unique needs are met with the right coverage, expert advice, and ongoing support.
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Seamless Transition
As FernRock Risk Partners integrates Burkhead Insurance Services, clients can expect a seamless transition with no disruption to their coverage or service. The company remains committed to maintaining the highest standards of excellence and integrity in every client interaction.
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About Burkhead Insurance Services
Burkhead Insurance Services has been a trusted name in the insurance industry, offering specialized coverage solutions for businesses and individuals. With a commitment to client satisfaction and tailored risk management, Burkhead has built a strong reputation for excellence and reliability.
FernRock Risk Partners Founded by Local Businessman and Industry Veteran; Announces First Acquisition
BEAVER, PA, March 5, 2024—Beaver-area businessman Bryan Wright, CEO of the Wright family of businesses, announces the formation of a new insurance business, FernRock Risk Partners, which also closed on its first acquisition today of the Jack L. Bonus Insurance Agency located in Zelienople.
FernRock was co-founded by Wright and long-time insurance industry veteran Marty Muchnok, who most recently was President of First National Insurance Agency.
According to Wright, “FernRock operates as a holding company, and will continue to acquire and add new independent insurance agencies under our umbrella. Making the Bonus agency our first acquisition made perfect sense because we have been a customer of theirs for over 30 years and know it’s a great fit with the way they do business.”
Agencies being acquired will keep their people, branding and continue to do business in their local areas but will be known as a FernRock company. Agency principles can also retain a percentage of ownership.
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Muchnok said, “We are focusing on partnering with independent agencies that have 20 or fewer employees in Pennsylvania, Ohio and Maryland. We also expect to expand into the entire eastern half of the United States. Our goal is to add a network of growth-oriented partner insurance agencies with great culture and expertise that will provide real value for customers.”
Muchnok added, “The first 15 or so agencies we acquire will become founding members of FernRock and have a lot of input in future growth and operational plans. We invite any insurance agency owners interested in partnering to contact us to start a conversation.”
Partner insurance agencies will provide expertise and access to customers in their geographic locations. FernRock will provide leadership, guidance and a variety of core services including accounting/finance, IT, HR, risk management and claims oversight.
Muchnok concluded, “It’s really a win-win for everyone involved, and we have big plans for FernRock through acquisitions and organic growth.
For additional information, please contact Jeff Krakoff at 412-709-4199 or jeffk@krakoffcomm.com
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