San Diego Insurance Firms C3 Risk & Insurance Services and B. Wood Insurance Partner to Merge Employee Benefits Practice

C3 boasts additional expertise in employee benefits as a result of merger, demonstrates the best partnerships can be found in ‘your own backyard’

SAN DIEGO--(BUSINESS WIRE)--Two notable local names in privately-held insurance—C3 Risk & Insurance Services and B. Wood Insurance—have joined forces to expand employee benefits plan services to current and prospective clients. The merger went into effect on October 1, 2022. The company will operate under the C3 Risk & Insurance Services name and deepen and diversify specialty expertise through the strategic partnership.

Leaders of the two San Diego insurance companies began talks in 2021 when they realized their professional and personal circles overlapped in several areas. When they discovered the close alignment of their organizational values and how complementary their skill sets were, the partnership felt like the next right step for both firms.

C3 offers personal and commercial lines of insurance, risk management solutions, and tailored employee benefits plans to businesses of all sizes. Merging with B. Wood Insurance adds 17 years of industry experience with an emphasis on employee benefits programs.

“It’s unbelievable to think that Ben and I have lived in the same community, we’ve had kids in the same schools, and we’re so aligned in our business principles—yet it took us 15 years to connect,” says Jamie Reid, chairman of the board, C3 Risk & Insurance Services. “When two organizations come together, you want it to benefit both. C3 and B. Wood each bring something to the table that helps the other be better in the marketplace. We both want to leave a lasting legacy in and for the community.”

B. Wood Insurance co-founders and brothers Ben Wood and Bryan Wood will now be partners at C3 Risk & Insurance Services as a result of the merger. B. Wood Insurance is the premier employee benefits shop in Southern California, which accelerates the capacity of C3’s benefits division.

“We want to do business with people we like, to treat others with respect, and to do the right thing,” says Ben Wood, president and CEO of B. Wood Insurance. “We've witnessed how C3 treats their employees, clients, and people in the community. They always seek to lift people up. We’re alike in that we want to give our clients our very best and be there when they need us.”

ABOUT C3 RISK & INSURANCE SERVICES

C3 is shaking up the insurance industry by redefining the privately held insurance brokerage firm. Founded in 2017, C3 is locally owned and headquartered in San Diego. While young at heart, the breadth of experience spans decades. C3 inherently takes a different approach to managing the risk of companies from startups through multinational firms. The difference is in discovery. C3 proactively creates sophisticated and innovative strategies for preventing unexpected loss for its clients and conversely provides swift resolution for difficult claims. Its unique business model and dedication to employees and clients has been a catalyst to C3 becoming one of the fastest-growing insurance firms in the country. Learn more by visiting c3insurance.com, Facebook, Twitter, Instagram or by calling 619-233-8000.