Southwest Risk Management, LLC Announces Divestiture

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Southwest Risk Management, LLC announces divestiture of its Phoenix operation.

Today, John Holt Managing Member and Founder of Southwest Risk Management, LLC, a privately held insurance brokerage firm announced divestiture of majority ownership in its subsidiary “Southwest Risk Management, Phoenix, LLC” for an undisclosed price.

The Phoenix operation was started in November 2011 by Southwest Risk Management, LLC in partnership with Greg Prentice, Paul Lee and Todd Newton, and experienced rapid growth in commercial property and casualty lines and employee benefits. Southwest Risk Management – Phoenix specializes in risk management and insurance solutions for large complex, middle market, and national accounts. Steve Hanrahan and Steve Tusa, have joined the Phoenix operation as partners.

“We are proud of the results achieved by the Southwest Risk Management-Phoenix team and how quickly and effectively they developed,” said John Holt, Managing Member of Southwest Risk Management. “The Phoenix operation is positioned for continued growth and we are confident they will continue to grow and refine their operation.” They will change their name in the next 30 days and will operate autonomously from Southwest Risk Management, LLC.

“Southwest Risk Management has been a great partner in supporting the launch of our business and enabling us to achieve our objective of being an independent brokerage firm” said Greg Prentice, partner at Southwest Risk Management-Phoenix. “We have positioned ourselves to expand nationally and our name change and branding campaign will be reflective of that growth.”

About Southwest Risk Management, LLC: Southwest Risk was formed in 2004 and is based in Mesa, Arizona with field offices in Yuma, Safford, and Goodyear, AZ and in Clovis, CA. The management team has extensive administrative experience managing agency operations in multiple states. They specialize in various insurance products including workers’ compensation, construction, commercial agribusiness and farm, transportation, and service industries for mid-sized and large clients.

About Southwest Risk Management – Phoenix, LLC: The company was organized to provide national broker resources on a local independent basis. They offer a number of insurance services including construction, workers’ compensation, employee benefits, risk management consulting services, transportation and surety.

For more information, please contact the following.

John Holt - Managing Member                 
Southwest Risk Management, LLC                        
2855 E. Brown Road #28 Mesa, Arizona 85213                        
Phone: (480) 924-1200                            
Email: jholt(at)southwestrisk(dot)com                

Greg Prentice - Partner
Southwest Risk Management-Phoenix
7901 N. 16th Street Phoenix, AZ 85020
Phone: (602)819-4149
Email: gprentice(at)southwestrisk(dot)com

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John Holt - Managing Member

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