Sinclair Risk & Financial Management
Sinclair Risk & Financial Management is a Connecticut-based insurance brokerage and risk management firm, founded in 1971 and now operating as IMA Connecticut following its August 2023 merger with IMA Financial Group, serving commercial, small business, and high-net-worth clients with insurance placement, benefits, and risk consulting services.
- Company typePrivate
- Founded1971
- HeadquartersWallingford, United States
- Headcount51–100
- GTM typeB2B
- OfferingServices
What Sinclair Risk & Financial Management does
Sinclair Risk & Financial Management is an independent insurance brokerage and risk management firm founded in 1971 by David Sinclair in Wallingford, Connecticut. For over five decades it served Connecticut commercial, small business, and high-net-worth individual clients with insurance placement and risk consulting before joining IMA Financial Group in August 2023. Following the partnership, the firm now operates as IMA Connecticut under the legal parent IMA Financial Group, Inc., rebranded while retaining its Wallingford headquarters, service teams, and client contracts.
The firm's core offering is insurance brokerage across business insurance, employee benefits, small business insurance, personal lines, and wholesale capacity, supported by integrated risk services including loss control, claims management, risk management consulting, financial consulting, and human resource solutions. Through the IMA partnership, the practice also distributes adjacent services via IMA Retirement (401(k) and pension administration), IMA Private Wealth (wealth management for high-net-worth clients), and IMA Diligence (financial due diligence for M&A and transactions). Core technology is not publicly disclosed; there is no proprietary platform, API surface, or mobile app listed, and service delivery is executed through licensed insurance professionals and dedicated account teams.
The business model is commission-based: revenue is generated from insurance carriers for placing property and casualty, employee benefits, and related financial products, with pricing determined per quote rather than publicly disclosed. The go-to-market is a direct sales motion using licensed agents and account managers targeting mid-market and enterprise commercial accounts, small businesses, and private clients, supplemented by a wholesale channel that places specialty coverage through retail broker partners. Marketing is driven through the unified IMA website, LinkedIn, Facebook, X, YouTube, and industry-specific content series such as Markets In Focus and Insurance Insights. The firm is privately held with no funding rounds, subsidiaries, or patent portfolio disclosed.
Sinclair Risk & Financial Management firmographics
Firmographics- Name
- Sinclair Risk & Financial Management
- Legal name
- IMA Financial Group, Inc.
- Website
- https://srfm.com
- Company type
- Private
- Founded year
- 1971
- Operating status
- Operating
- Headcount range
- 51–100 employees
- Short description
- Sinclair Risk & Financial Management is a Connecticut-based insurance brokerage and risk management firm, founded in 1971 and now operating as IMA Connecticut following its August 2023 merger with IMA Financial Group, serving commercial, small business, and high-net-worth clients with insurance placement, benefits, and risk consulting services.
- Ownership category
- akta.pro rank
Sinclair Risk & Financial Management industry classification
Industry- Product category
- Commercial Insurance Brokerage
- NAICS
- Insurance Agencies and Brokerages (524210), Agencies, Brokerages, and Other Insurance Related Activities (5242), Portfolio Management and Investment Advice (523940)
- SIC
- Insurance Agents, Brokers & Service (6411), Fire, Marine & Casualty Insurance (6331), Investment Advice (6282)
- akta.pro primary industry
- Risk Management Consulting (Enterprise & Operational Risk) (FSAEADAG)
- akta.pro secondary industries
- Specialty Insurance Brokerage (Marine, Aviation, Cyber, Professional Lines) (FSAEADAJ), Insurance-Integrated Wealth Managers (RIA + Insurance Solutions) (FSAAACAI)
Keywords
Where Sinclair Risk & Financial Management is headquartered
LocationHeadquarters
- HQ city
- Wallingford
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
Sinclair Risk & Financial Management business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Marketing or Sales, Operations, Technology or R&D, Infrastructure
Revenue model
- Insurance Commission Revenue: Generates revenue through commissions from insurance carriers for placing business. Revenue derived from property & casualty insurance, employee benefits, and related financial services products.
Go-to-market motion1 record
Distribution channels3 records
Marketing channels4 records
Sinclair Risk & Financial Management product offering
Product offeringCore offering
Sinclair Risk & Financial Management is an independent insurance agency that places commercial property and casualty insurance, employee benefits, and small business coverage for clients in Connecticut and beyond. The firm supplements insurance placement with risk management consulting, loss control, claims advocacy, financial consulting, and human resource solutions. Since August 2023 it operates as IMA Connecticut following its partnership with IMA Financial Group.
Product overview
Sinclair Risk & Financial Management, now operating as IMA Connecticut, functions as a unified platform of risk management and financial services. The core offering combines Business Insurance, Employee Benefits, and Small Business Insurance as primary insurance solutions, supported by specialized service modules including Risk Management, Loss Control, Claims Management, Financial Consulting, and Human Resource Solutions. Additional integrated services include Wholesale Insurance, Retirement Plan Solutions (through IMA Retirement), Wealth Management (through IMA Private Wealth), and Financial Diligence (through IMA Diligence). The portfolio operates as a full-service insurance and consulting firm serving commercial clients across multiple industries.
Differentiator
Problem solved
Functional benefit
Products and services
- Business Insurance Commercial insurance solutions covering property, liability, and business continuity risks for organizations across various industries, placed through multiple carrier relationships.
- Employee Benefits Benefits administration and consulting services including health insurance, retirement plans, and voluntary benefit programs for employer clients.
- Small Business Insurance Tailored insurance coverage and risk management solutions designed for small to mid-sized business operations, bundling multiple coverages into simplified programs.
- Personal Lines Insurance Personal insurance coverage for individuals including home, auto, and umbrella policies delivered through IMA Private Client.
- Wholesale Insurance Wholesale insurance products and capacity provided through carrier relationships for retail brokers and agents seeking specialty coverage placements.
- Retirement Plan Solutions Retirement plan consulting and administration services including 401(k) and pension plan management delivered through IMA Retirement.
- Wealth Management Personal wealth management and financial planning services for high-net-worth individuals delivered through IMA Private Wealth.
- Financial Diligence Financial due diligence and advisory services for mergers, acquisitions, and transactions delivered through IMA Diligence.
Companies that use Sinclair Risk & Financial Management
Customer profileSegments3 records
Ideal customer profiles3 records
Sinclair Risk & Financial Management technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Sinclair Risk & Financial Management partnerships and signals
Strategic signalPartnerships
One partnership is on record.
- IMA Financial GroupcoreIn August 2023, Sinclair Risk & Financial Management partnered with IMA Financial Group as a natural progression of collaboration. This partnership expanded capabilities to national scale while maintaining local, hands-on service. The partnership provides access to cutting-edge technology and broadened carrier relationships, allowing the company to deliver greater value and insight to clients.
Scale indicators1 record
Recent moves5 records
Expansion highlights4 records
Sinclair Risk & Financial Management competitors and assessment
Company assessmentBroad incumbents
- USI Insurance Services: One of the largest privately held insurance brokerages in the US offering property/casualty, employee benefits, retirement, and wealth management to mid-market and commercial clients nationwide; directly comparable multi-line brokerage model.
- Hub International: Large private insurance brokerage providing commercial P&C, benefits, and risk advisory to mid-market businesses with significant regional density; comparable in customer segment and product breadth.
- Lockton Companies: Largest privately held independent insurance broker globally, focused on commercial and specialty risk, benefits, and retirement consulting; comparable operating model around mid-market commercial accounts.
- Acrisure: Large private insurance brokerage and financial services platform providing commercial and personal lines, benefits, and wealth management; comparable full-service brokerage operating model.
- NFP (an Aon company): Specialty insurance brokerage and benefits consultancy serving mid-market and commercial clients across the US; directly comparable to Sinclair's commercial P&C plus employee benefits model.
Direct peers
- World Insurance Associates: Fast-growing US insurance brokerage with strong regional presence, offering commercial P&C, personal lines, and benefits; comparable in commercial orientation and distributed regional model.
- Woodruff Sawyer: Mid-market-focused insurance brokerage offering commercial P&C, employee benefits, and risk consulting; closely comparable in target market and service mix to the IMA Connecticut unit.
- Brown & Riding Insurance Services: Specialty wholesale insurance brokerage providing excess & surplus lines and brokerage solutions to retail agents and brokers; directly comparable to Sinclair's wholesale insurance division.
- Acumen Holdings: Specialty insurance brokerage platform focused on programmatic and complex property/casualty placements; comparable to Sinclair/IMA Connecticut as a regionally rooted specialty insurance brokerage expanding into broader risk services.
Emerging players
- Highstreet Insurance Partners: Insurance brokerage platform partnering with regional agencies to provide commercial P&C, benefits, and wealth services; closely comparable to Sinclair as a regional agency that chose to partner with a larger national platform.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat3 records
Key risks6 records
Key highlights7 records
Customer concentration
Sinclair Risk & Financial Management social profiles
Digital presenceSinclair Risk & Financial Management financial estimates
Financial estimateRevenue estimate
Valuation estimate
Sinclair Risk & Financial Management leadership team
Management profileNumber of profiles
Profiles2 records
Sinclair Risk & Financial Management funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Sinclair Risk & Financial Management M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Sinclair Risk & Financial Management
What does Sinclair Risk & Financial Management do?
Sinclair Risk & Financial Management is an independent insurance agency that places commercial property and casualty insurance, employee benefits, and small business coverage for clients in Connecticut and beyond. The firm supplements insurance placement with risk management consulting, loss control, claims advocacy, financial consulting, and human resource solutions. Since August 2023 it operates as IMA Connecticut following its partnership with IMA Financial Group.
Is Sinclair Risk & Financial Management a public or private company?
Sinclair Risk & Financial Management is a private company. It is classified as corporate owned and is currently operating.
When was Sinclair Risk & Financial Management founded?
Sinclair Risk & Financial Management was founded in 1971. It employs 51 to 100 people.
Where is Sinclair Risk & Financial Management based?
Sinclair Risk & Financial Management is headquartered in Wallingford, United States, in the North America region.
How does Sinclair Risk & Financial Management make money?
One revenue line is on record: insurance Commission Revenue.
Who are Sinclair Risk & Financial Management's main competitors?
Broad incumbents on record are USI Insurance Services, Hub International, Lockton Companies, Acrisure and NFP (an Aon company). Direct peers are World Insurance Associates, Woodruff Sawyer, Brown & Riding Insurance Services and Acumen Holdings. Highstreet Insurance Partners is listed as an emerging player.
Does Sinclair Risk & Financial Management have an API?
No public API is recorded for Sinclair Risk & Financial Management.
What industry is Sinclair Risk & Financial Management in?
Sinclair Risk & Financial Management's product category is Commercial Insurance Brokerage. Its primary akta.pro industry code is FSAEADAG, Risk Management Consulting (Enterprise & Operational Risk), with a secondary code of FSAEADAJ, Specialty Insurance Brokerage (Marine, Aviation, Cyber, Professional Lines). Its NAICS code is 524210 and its SIC code is 6411.