King Risk Partners has acquired Norton & Siegel Insurance for an undisclosed amount, bringing the Babylon-based agency, which traces its roots to 1892, under its corporate umbrella. The transaction marks the end of more than a century of independent family ownership for Norton & Siegel, which has served New York clients with personal and competitive coverage for cars, homes, businesses, and families.
Norton & Siegel has operated continuously since its founding in Babylon, combining modern technology with a traditional service approach. The agency is currently led by Aaron Stein, a lifelong Babylon resident and the third generation of his family to own the business. Stein holds a Bachelor of Science in Business Management from SUNY Old Westbury and professional designations as a Certified Financial Planner and Charter Property Casualty Underwriter. Under his stewardship, the agency has helped hundreds of New York clients secure insurance plans tailored to their needs.
For King Risk Partners, the acquisition expands its footprint in the New York market and adds a well-established agency with deep local roots and a loyal client base. The deal brings together King Risk Partners’ broader resources and Norton & Siegel’s century-long reputation for personalized service. The combined operation is expected to retain the agency’s existing staff and client relationships while leveraging King Risk Partners’ scale to offer a wider range of products and services.
The acquisition reflects a continuing trend of consolidation in the independent insurance agency sector, where larger firms seek to absorb established local players to gain market share and operational efficiencies. Norton & Siegel’s historical brand and Stein’s expertise are likely to remain integral to the transition, though specific integration plans have not been disclosed.
With the deal closed, Norton & Siegel will operate as part of King Risk Partners, preserving its legacy while gaining access to new capabilities. The combined entity is positioned to serve existing clients without disruption and to pursue growth opportunities across New York, building on the strengths of both organizations.