Risk Theory
Is formed with the idea of starting a collection of brands that are independently focused on specialty areas of insurance services. Our vision is to identify, recruit, and ultimately hire the best talent in niche classes and provide the support, autonomy, and accountability to build a unique brand within the insurance marketplace. Together these independent brands form a platform that share central services that are committed to technology and analytics. Teams challenge each other to break apart the business to identify opportunities and rebuild the product, distribution process, and claims handling to create a unique solution to difficult problems in the marketplace.
Risk Theory
Is formed with the idea of starting a collection of brands that are independently focused on specialty areas of insurance services. Our vision is to identify, recruit, and ultimately hire the best talent in niche classes and provide the support, autonomy, and accountability to build a unique brand within the insurance marketplace. Together these independent brands form a platform that share central services that are committed to technology and analytics. Teams challenge each other to break apart the business to identify opportunities and rebuild the product, distribution process, and claims handling to create a unique solution to difficult problems in the marketplace.
2013
Risk Point
Risk Point is formed, partnering with Gary Marshal to lead a dealers open lot MGU.
2015
Risk Point
Risk Point Garage is formed to underwrite garage packed for auto dealerships.
2015
Risk Theory
Risk Theory Insurance Services is formed to provide a specialty underwriting platform
2016
Applied Claims Group
Applied Claims Group is a third party administrator formed to provide specialty claims services
2017
Applied Appraisal
Applied Appraisal solutions is formed to provide appraisal services for property damage
2019
Redstone
Redstone Underwriters is formed to underwrite general liability for artisan contractors
2019
Risk Theory Loss Control
Risk Theory Loss Control is formed to provide leading loss control and loss prevention services to underwriting programs
2020
Striker
Striker Insurance Services is formed to underwrite mono-line commercial auto
2021
Jupiter Risk
Jupiter Risk Services is formed to provide insurance solutions for the habitational multifamily commercial market.
2024
Amherst Speciality
Amherst Specialty is formed as an A- VIII insurance company for Risk Theory underwriting programs and approved non-Risk Theory specialty insurance programs.
2024
Jupiter Private Client
Jupiter Risk Services expands its portfolio and Jupiter Private Client is formed to provide excess and high-value homeowners insurance solutions for risks underserved by the traditional market.
2024
Jupiter RE
Jupiter Re is formed to deliver flexible risk transfer solutions for high-hazard risks typically declined or restricted by traditional, insurance carriers.
2025
KCG Underwriters
KGC Underwriters is formed to underwrite specific needs of churches and religious establishments.
2025
KingsCover Insurance Services
KingsCover Insurance is formed to deliver specialized insurance solutions for churches and religious organizations through a focused distribution platform designed to support the unique needs of ministries and their operations.
2025
Dealer Transit
Dealer Transit is formed to protect Auto Dealers operations against rising vehicle theft during the transit and transportation process.
2025
Amherst National
Risk Theory acquires Jet Insurance Company (North Carolina) and rebrands it as Amherst National, an A- VIII admitted insurance company expanding Risk Theory’s capabilities to support its underwriting programs and select third-party specialty insurance programs.
2026
Roundhill Express
Risk Theory acquires Roundhill Express (New York), expanding its specialty habitational capabilities through a focused MGA serving commercial risks in urban environments.
Risk Theory
Risk Theory is a leading platform of insurance distribution businesses built to support specialty underwriting, disciplined risk selection, and scalable program economics. The company operates a diversified portfolio of Managing General Agents that deliver integrated distribution, underwriting, claims, analytics, and compliance capabilities across multiple specialty insurance markets. Risk Theory focuses on identifying differentiated opportunities, partnering with high caliber insurance professionals, and building durable businesses positioned for long term leadership within their respective niches.
The platform was founded and is led by Bryan Wilburn, whose experience building and scaling insurance distribution businesses has shaped Risk Theory’s strategy, operating model, and long term vision.
Risk Theory
Risk Theory is a leading platform of insurance distribution businesses built to support specialty underwriting, disciplined risk selection, and scalable program economics. The company operates a diversified portfolio of Managing General Agents that deliver integrated distribution, underwriting, claims, analytics, and compliance capabilities across multiple specialty insurance markets. Risk Theory focuses on identifying differentiated opportunities, partnering with high caliber insurance professionals, and building durable businesses positioned for long term leadership within their respective niches.
The platform was founded and is led by Bryan Wilburn, whose experience building and scaling insurance distribution businesses has shaped Risk Theory’s strategy, operating model, and long term vision.
