Risk Management Partners
Risk Management Partners is an independent multi-line insurance agency in Flowood, Mississippi, serving individuals, families, businesses, and employer group benefits clients across the Southeast, with a specialty forestry and timber insurance program developed with the Mississippi Loggers Association since 2007.
- Company typePrivate
- Founded2006
- HeadquartersFlowood, United States
- Headcount1–10
- GTM typeB2B and B2C
- OfferingServices
What Risk Management Partners does
Risk Management Partners (RMP) is a privately held independent insurance agency founded in 2006 and headquartered at 106 Luckney Station Rd., Suite A, Flowood, Mississippi. The firm operates as a multi-line insurance broker representing more than 50 national, regional, and specialty carriers and wholesale partners across Personal Insurance (auto, homeowners, motorcycle, recreational vehicles, flood, high-net-worth, and personal umbrella), Business Insurance (commercial property, general liability, workers' compensation, commercial auto, cyber liability, builders risk, business interruption, BOPs, and industry-specific programs), and Group Benefits (401(k), FSA, HSA, group health/dental/vision/life/disability, ICHRA, QSEHRA, and voluntary benefits such as AFLAC). The agency also offers DMV/vehicle registration and notary services.
RMP's underlying technology stack is minimal: no proprietary platform, no public API, and no disclosed mobile application. The customer-facing layer consists of the RMP Connect client portal (powered by Zywave), the company website with online quote request forms across each product line, and an insurance blog. Website integrations include Google reCAPTCHA, Akismet anti-spam, Google Analytics, and Google/Meta advertising pixels. Privacy and data handling are governed by GLBA, CCPA/CPRA, and other U.S. state privacy law frameworks, with TLS/SSL encryption applied in transit.
RMP's revenue model is standard agency commissions earned on insurance premiums placed with carrier partners (Foremost, GEICO, The Hartford, Progressive, Travelers, Liberty Mutual, CNA, Zurich, Berkshire Hathaway Homestate, Markel, Selective, Philadelphia Indemnity, Accident Fund, and others, plus wholesale brokers such as Burns & Wilcox, Amwins, CRC Group, and RPS). Group benefits are placed with Blue Cross Blue Shield, UnitedHealthcare, Cigna, Delta Dental, AFLAC, Unum, Sun Life, The Standard, New York Life, and others. Pricing is quote-based and not publicly disclosed. The agency differentiates through a local, relationship-driven distribution model led by President Paul Megginson (with the firm since 1984) and VPs Amy Smith (since 1990) and Bob Ganz (since 1992), and through a longstanding 2007 partnership with the Mississippi Loggers Association that supports a specialty forestry and timber insurance program spanning logging, sawmills, planing mills, pallet manufacturers, truss manufacturers, and building material dealers.
Risk Management Partners firmographics
Firmographics- Name
- Risk Management Partners
- Legal name
- Risk Management Partners
- Website
- https://rmpins.com
- Company type
- Private
- Founded year
- 2006
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Short description
- Risk Management Partners is an independent multi-line insurance agency in Flowood, Mississippi, serving individuals, families, businesses, and employer group benefits clients across the Southeast, with a specialty forestry and timber insurance program developed with the Mississippi Loggers Association since 2007.
- Ownership category
- akta.pro rank
Risk Management Partners industry classification
Industry- Product category
- Independent Insurance Agency
- NAICS
- Insurance Agencies and Brokerages (524210), Insurance Agencies and Brokerages (52421)
- SIC
- Insurance Agents, Brokers & Service (6411)
- akta.pro primary industry
- Specialty Insurance Brokerage (Marine, Aviation, Cyber, Professional Lines) (FSAEADAJ)
- akta.pro secondary industries
- Mid-Market Commercial Package (Package Policies) (FSAJAFAB), Co-Employment Risk Management & Insurance (Workers’ Comp, Liability) (BPACAGAH)
Keywords
Where Risk Management Partners is headquartered
LocationHeadquarters
- HQ city
- Flowood
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
Risk Management Partners business model
Business model- GTM type
- B2B and B2C
- Offering type
- Services
- Cost components
- Personnel, Operations, Technology or R&D, Marketing or Sales
Revenue model
- Insurance Agency Commissions: As an independent insurance agency, Risk Management Partners earns commissions from insurance carriers for policies sold and serviced. They represent multiple national and regional insurance companies and earn revenue through insurance premiums placed with their carrier partners.
Go-to-market motion1 record
Distribution channels2 records
Marketing channels3 records
Risk Management Partners product offering
Product offeringCore offering
Risk Management Partners is an independent insurance agency that places and services Personal Insurance (auto, homeowners, specialty coverages), Business Insurance (commercial property, general liability, workers' compensation, commercial auto, cyber liability, and industry-specific programs), and Group Benefits (401(k) plans, FSAs, group dental, group health, and supplemental insurance) for individuals, families, and businesses primarily in Mississippi. The agency represents multiple national and regional insurance carriers and earns commissions on policies placed through those carrier partners.
Product overview
Risk Management Partners is an independent insurance agency established in 2006 offering a comprehensive portfolio of insurance products organized into three core lines: Personal Insurance, Business Insurance, and Group Benefits. The agency functions as a multi-lines insurance broker representing multiple national and regional carrier partners. Personal Insurance includes auto, homeowners, motorcycle, and specialty coverages like collector car, flood, and high-net-worth coverage. Business Insurance encompasses commercial property, general liability, workers' compensation, and industry-specific programs such as Forestry & Timber Contractors coverage developed with the Mississippi Loggers Association. Group Benefits includes 401(k) retirement plans, FSAs, and voluntary employee benefits. The agency also offers convenience services including DMV registration and notary services.
Differentiator
Problem solved
Functional benefit
Products and services
- Personal Insurance Comprehensive portfolio of personal lines insurance products for individuals and families, including auto, homeowners, motorcycle, ATV, boat, RV, and specialty coverages, offered through multiple carrier partners.
- Business Insurance Comprehensive portfolio of commercial insurance products for businesses, including commercial property, general liability, workers' compensation, commercial auto, cyber liability, and industry-specific programs, offered through multiple carrier partners.
- Group Benefits Employee benefits programs for employers including 401(k) retirement plans, FSAs, HSAs, group dental, group disability, group health, group life, group vision, ICHRA, QSEHRA, and long-term care.
- Forestry & Timber Contractors Specialty Program Specialty insurance program covering logging operations, sawmills, planing and molding mills, pallet manufacturers, truss manufacturers, furniture/cabinet manufacturers, and building material dealers — including workers' compensation, property, general liability, automobile, umbrella, equipment, accidental overcut of timber, logging and lumbering fire and vehicle damage.
Companies that use Risk Management Partners
Customer profileSegments4 records
Ideal customer profiles4 records
Risk Management Partners technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration5 records
Risk Management Partners partnerships and signals
Strategic signalPartnerships
52 partnerships are on record, tiered core and minor.
- Mississippi Loggers AssociationcoreRMP has partnered with the Mississippi Logger's Association since 2007 to provide the most competitive insurance programs available to the forestry industry, which is the largest industry in the state of Mississippi. The partnership delivers comprehensive, tailored coverage and risk management solutions to logging and timber operations.
- Foremost InsuranceminorTop-rated national carrier providing personal insurance products. RMP serves as a local agency partner for Foremost Insurance products.
- GEICOminorNational insurance carrier providing auto and other personal insurance products. RMP operates as a local GEICO agency.
- The HartfordminorNational insurance carrier providing auto and home insurance products. RMP serves as a local agency partner for The Hartford.
- RT SpecialtyminorSpecialty insurance provider. RMP operates as a local agency partner for RT Specialty products.
- Accident Fund InsuranceminorWorkers compensation insurance carrier. RMP serves as a local agency partner.
- AmFedminorWorkers compensation insurance provider. RMP operates as a local AmFed agency.
- AmwinsminorInsurance distributor providing access to specialty insurance products. RMP is an agency partner.
- Berkshire Hathaway Homestate CompaniesminorNational insurance carrier group. RMP serves as a local agency partner.
- Burns & WilcoxminorInsurance wholesaler and managing general agent. RMP is an agency partner.
- EMC Insurance CompaniesminorRegional insurance carrier. RMP operates as a local agency partner.
- Farmers InsuranceminorNational insurance carrier providing personal and commercial insurance. RMP is a local agency partner.
- Berkley Southeast Insurance GroupminorRegional commercial insurance carrier. RMP has established a long-term relationship as an independent agent.
- BITCO Insurance CompaniesminorInsurance carrier. RMP is an independent agency partner providing their products.
- Breckenridge Insurance ServicesminorInsurance services provider. RMP has a solid long-term relationship as independent agents.
- CNA SuretyminorSurety bond provider. RMP is an independent agency partner.
- CNAminorNational commercial insurance carrier. RMP has established relationships to provide their insurance solutions.
- CRC GroupminorInsurance wholesale broker. RMP has established long-term solid relationships as independent agents.
- Convelo Insurance GroupminorInsurance carrier. RMP provides their insurance products to clients.
- FirstComp InsuranceminorWorkers compensation insurance provider. RMP is an independent agency partner.
- Forestry Mutual Insurance CompanycoreSpecialty insurance carrier for forestry and logging operations. RMP provides their products as independent agents, supporting the forestry and timber industry segment.
- Jencap Insurance ServicesminorInsurance services provider. RMP has established relationships with their products.
- Liberty Mutual InsuranceminorNational insurance carrier. RMP provides their insurance solutions.
- Luba Workers' CompminorWorkers compensation insurance provider. RMP is an independent agency partner.
- MarkelminorInsurance carrier. RMP provides their products to clients.
- Philadelphia Indemnity Insurance CompanyminorCommercial insurance carrier. RMP is an independent agency partner.
- The Progressive CorporationminorNational auto insurance carrier. RMP provides their insurance products.
- Risk Placement ServicesminorWholesale insurance broker. RMP is an agency partner.
- Selective InsuranceminorCommercial insurance carrier. RMP provides their products.
- SteadPoint Insurance GroupminorInsurance group. RMP has established relationships.
- Stonetrust Commercial InsuranceminorCommercial insurance carrier. RMP provides their insurance solutions.
- Retailers Insurance CompanyminorInsurance carrier. RMP is an independent agency partner.
- TapcominorInsurance provider. RMP provides their products.
- The Travelers Indemnity CompanyminorNational commercial and personal insurance carrier. RMP is an agency partner.
- XS BrokersminorInsurance broker. RMP provides their products.
- Zurich American Insurance CompanyminorGlobal insurance carrier. RMP provides their insurance solutions.
- AFLACminorSupplemental insurance provider for group benefits. RMP is an agency partner providing their products.
- American General Life InsuranceminorLife insurance carrier. RMP provides their products.
- Ameritas Life InsuranceminorDental and life insurance provider. RMP is an agency partner.
- Banner Life InsuranceminorLife insurance carrier. RMP provides their products.
- Blue Cross Blue ShieldminorMajor health insurance provider. RMP provides their group health insurance products.
- CignaminorHealth insurance and group benefits provider. RMP is an agency partner.
- Colonial Life & Accident InsuranceminorVoluntary benefits insurance provider. RMP provides their products.
- Delta Dental Plans AssociationminorDental insurance provider. RMP provides their group dental products.
- The Guardian Life Insurance Co.minorLife and disability insurance carrier. RMP is an agency partner.
- Morgan White GroupminorInsurance and benefits provider. RMP provides their products.
- New York LifeminorMajor life insurance company. RMP is an agency partner providing their products.
- Protective Life CorporationminorLife insurance carrier. RMP provides their products.
- The StandardminorDisability and life insurance provider. RMP is an agency partner.
- Sun Life FinancialminorInsurance and benefits provider. RMP provides their products.
- UnitedHealthcareminorMajor health insurance provider. RMP provides their group health insurance products.
- Unum GroupminorVoluntary benefits and disability insurance provider. RMP is an agency partner.
Scale indicators2 records
Recent moves5 records
Expansion highlights4 records
Risk Management Partners competitors and assessment
Company assessmentBroad incumbents
- Marsh McLennan Agency: Middle-market arm of Marsh McLennan serving commercial clients with property/casualty, benefits, and risk services. Comparable in target customer and product breadth, though operating at much larger scale.
- Acrisure: Large global insurance brokerage built via roll-up of independent agencies. Directly comparable business model — independent agency aggregating multiple carrier appointments — but at vastly larger scale.
- Brown & Brown, Inc. One of the largest US insurance brokerages with a multi-line, multi-carrier model. Comparable to RMP in business model and carrier-representation approach, but operates nationally at vastly greater scale.
Direct peers
- Higginbotham Insurance: Large independent insurance brokerage headquartered in Texas with a similar multi-line, multi-carrier model serving commercial and personal clients. Directly comparable as a regional independent agency that has scaled beyond RMP's current footprint while operating the same agency-brokerage model.
- The Liberty Company Insurance Brokers: Independent insurance brokerage with strong commercial and group benefits practice. Comparable to RMP in multi-line agency model and emphasis on commercial and employee benefits.
- Goosehead Insurance: Independent personal-lines-focused insurance agency (publicly traded) with a multi-carrier distribution model. Comparable to RMP's personal lines distribution approach, though Goosehead operates a franchise model at much larger scale.
- Cottingham & Butler: Mid-sized independent insurance broker offering commercial, personal, and benefits solutions. Comparable to RMP as a privately held, multi-line independent agency with similar carrier-representation economics.
Others
- Amwins: Largest specialty wholesale insurance distributor in the US. An existing RMP carrier partner; comparable as a wholesale distribution channel enabling retail agents to place specialty and excess/surplus business.
- Burns & Wilcox: Specialty insurance wholesale broker and managing general agent. Already a direct partner of RMP; comparable as a wholesale distribution partner that gives independent retail agents access to specialty markets.
Regional players
- McGriff Insurance Services: Southeast-focused insurance brokerage with deep commercial, property, and benefits capabilities. Comparable as a regional independent agency serving overlapping SE business communities, though operating at significantly larger scale.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat3 records
Key risks5 records
Key highlights5 records
Customer concentration
Risk Management Partners compliance and trust
Trust signalCompliance3 records
Risk Management Partners financial estimates
Financial estimateRevenue estimate
Valuation estimate
Risk Management Partners leadership team
Management profileNumber of profiles
Profiles5 records
Risk Management Partners funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Risk Management Partners 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 Risk Management Partners
What does Risk Management Partners do?
Risk Management Partners is an independent insurance agency that places and services Personal Insurance (auto, homeowners, specialty coverages), Business Insurance (commercial property, general liability, workers' compensation, commercial auto, cyber liability, and industry-specific programs), and Group Benefits (401(k) plans, FSAs, group dental, group health, and supplemental insurance) for individuals, families, and businesses primarily in Mississippi. The agency represents multiple national and regional insurance carriers and earns commissions on policies placed through those carrier partners.
Is Risk Management Partners a public or private company?
Risk Management Partners is a private company. It is classified as management employee owned and is currently operating.
When was Risk Management Partners founded?
Risk Management Partners was founded in 2006. It employs 1 to 10 people.
Where is Risk Management Partners based?
Risk Management Partners is headquartered in Flowood, United States, in the North America region.
How does Risk Management Partners make money?
One revenue line is on record: insurance Agency Commissions.
Who are Risk Management Partners's main competitors?
Broad incumbents on record are Marsh McLennan Agency, Acrisure and Brown & Brown, Inc.. Direct peers are Higginbotham Insurance, The Liberty Company Insurance Brokers, Goosehead Insurance and Cottingham & Butler. Others are Amwins and Burns & Wilcox. McGriff Insurance Services is listed as a regional player.
Does Risk Management Partners have an API?
No public API is recorded for Risk Management Partners.
What industry is Risk Management Partners in?
Risk Management Partners's product category is Independent Insurance Agency. Its primary akta.pro industry code is FSAEADAJ, Specialty Insurance Brokerage (Marine, Aviation, Cyber, Professional Lines), with a secondary code of FSAJAFAB, Mid-Market Commercial Package (Package Policies). Its NAICS code is 524210 and its SIC code is 6411.