Trucordia, the group name for a top 20 US insurance broking, announced it has acquired the assets of Richardson Insurance, a full-service personal and commercial lines business based in Idaho.
Founded in 1988 by Randy Richardson, the business has built a loyal client base over nearly four decades by prioritising education, accessibility, and genuine relationships.
“We welcome the Richardson team to Trucordia. Randy and his team have spent 38 years making sure every client understands their coverage solutions and feels taken care of. That kind of commitment to education and personal service is something we deeply value, and it’s a natural fit for what Trucordia is building,” said Felix Morgan, CEO of Trucordia.
Richardson Insurance began with a focus on helping Idaho drivers get the right coverage solutions at a time when many drivers were uninsured. Over the years, the business expanded into mortgage and real estate-related coverage solutions to offer a full range of personal and commercial lines solutions.
The team is known for being easy to reach, thorough in answering questions, and committed to making sure clients leave every interaction more confident about their coverage.
With this acquisition, Trucordia adds a trusted Idaho business with a strong retention record and deep community roots. Richardson’s clients will continue to receive the same responsive, client-first service they’ve come to rely on, with access to an expanded set of carrier options and resources.
The acquisition of Richardson Insurance by Trucordia marks another step in the consolidation of the US insurance broking sector, as larger firms expand their regional presence through trusted local agencies. Richardson Insurance brings nearly four decades of client-focused service in Idaho, particularly in personal and commercial coverage.
Trucordia aims to preserve its strong relationship-driven approach while enhancing service capabilities through broader carrier access and resources, strengthening its footprint in community-based insurance markets.