Press Releases

Jul 17, 2018

Risk Strategies Acquires Leading Captive Insurance Services Provider Oxford Risk Management Group

Risk Strategies today announced the acquisition of Oxford Risk Management Group, an established leader in alternative risk and captive insurance and consulting. Terms of the deal were not disclosed.

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Jun 18, 2018

Risk Strategies Adds to Leading National Employee Benefits Practice with Acquisition of Craford Benefit Consultants

Risk Strategies today announced the acquisition of Craford Benefit Consultants, a full-service employee consulting and benefits brokerage firm headquartered in San Rafael, CA with offices in Portland, OR and Charlotte, NC. Terms of the deal were not disclosed.

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Jun 4, 2018

Risk Strategies Enhances Professional Liability Practice Capabilities with Acquisition of Cincinnati Intermediaries

Risk Strategies today announced the acquisition of Cincinnati Intermediaries LLC, a specialty wholesale brokerage and managing general underwriter (MGU) focused on risk management and insurance for management and professional liability. Terms of the deal were not disclosed.

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May 22, 2018

Risk Strategies Broadens Employee Benefits Capabilities with Addition of Corporate Benefit Audits

Risk Strategies, announced the acquisition of Corporate Benefit Audits (CBA), a firm providing claim outsourcing and audit services to the medical stop loss, managed care and self-funded industries.

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May 16, 2018

Risk Strategies Adds to Leading National Employee Benefits Practice with Acquisition of CBG Benefits, Inc.

Risk Strategies today announced the acquisition of Costello Benefits Group (CBG Benefits, Inc.), a full-service employee benefits brokerage firm headquartered in Woburn, Massachusetts

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Mar 13, 2018

Five Risk Strategies’ Experts Named 2018 Power Brokers by Risk & Insurance

Risk Strategies, a privately held, rapidly growing national insurance brokerage and risk management firm, and its subsidiary DeWitt Stern, have been recognized for excellence in its fine arts, entertainment and private client insurance and risk management practices by Risk & Insurance.

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Feb 20, 2018

Risk Strategies Celebrates 20th Year with Rebrand

 Risk Strategies, formerly Risk Strategies Company, is celebrating a successful 20th year in business with the launch of its updated website and corporate rebrand. The new look and feel is designed to reflect the clear, direct and accessible experience clients have working with the national insurance brokerage.

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Feb 20, 2018

Risk Strategies Acquires New York City-Based Specialty Brokerage, Prosurance Redeker Group

Risk Strategies today announced the acquisition of Prosurance Redeker Group LTD., a specialty brokerage serving architects and engineers by providing risk management consultation and placement of professional liability and other key business insurance coverages. 

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Feb 14, 2018

Risk Strategies Agent Among a Select Group to Be Named a Certified Advisor of Personal Insurance By Wharton and Chubb

Stephanie Wright of Risk Strategies in Burlingame, CA has been awarded a Certified Advisor of Personal Insurance (CAPI) designation from the Aresty Institute of Executive Education at the Wharton School of the University of Pennsylvania and Chubb.

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Feb 12, 2018

Risk Strategies Appoints Scott Stamper Managing Director of Subsidiary Atlass Insurance Group

Risk Strategies, a privately held, rapidly growing national insurance brokerage and risk management firm, today announced the appointment of Scott Stamper as managing director to run day-to-day operations and help guide the growth of Atlass Insurance Group, the company’s recreational and commercial marine division.

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Jan 23, 2018

Risk Strategies Company acquires Benefits Network Insurance Agency, adds wholesale expertise to national employee benefits practice

Risk Strategies Company, a privately held, rapidly growing national insurance brokerage and risk management firm, today announced the acquisition of Benefits Network Insurance Agency (BNIA), a specialist brokerage focused on the development of employee benefits plans. Terms of the deal were not disclosed.

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Dec 21, 2017

Risk Strategies Company acquires Tikia Consulting, expands employee benefits practice expertise

Risk Strategies Company today announced the acquisition of Tikia Consulting, an employee benefits brokerage and consultancy based in Metairie, LA. Terms of the deal remain undisclosed.

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Dec 5, 2017

Risk Strategies Company Acquires Delmarva Surety, Adds Deep Surety Bond Expertise

Risk Strategies Company today announced the acquisition of Delmarva Surety in a move that extends the specialty brokerages Mid-Atlantic footprint while adding specialized contract surety expertise.

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Oct 11, 2017

Risk Strategies Company Appoints John Scroope as Managing Director, Northeast Regional

Risk Strategies Company today announced it has hired John Scroope to manage its New England regional operations. Scroope will also lead the company’s corporate headquarters office in Boston.

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Oct 4, 2017

Insurance Industry Veteran Scott Popilek joins Risk Strategies Company

Risk Strategies Company today announced the hiring of industry veteran, Scott Popilek, to oversee regional operations in its Florida market, one of the company’s fastest-growing geographies.

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Sep 19, 2017

Risk Strategies Company expands Florida presence with acquisition of Anderson & Jacoby Insurance Consultants

Building on a mainstay practice area in one of its fastest developing geographies, Risk Strategies Company today announced the acquisition of Anderson & Jacoby Insurance Consultants, a Miami-area firm focusing on property and casualty risk management services.

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Sep 5, 2017

Risk Strategies Company Enhances National Health Care Practice Expertise with Acquisition of Cornerstone Professional Liability

Risk Strategies Company today announced the acquisition of Cornerstone Professional Liability Consultants. Based in Philadelphia, the insurance brokerage specializes in medical malpractice insurance for physicians and surgeons.

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Jul 25, 2017

Risk Strategies Company acquires Anderson Corporate Solutions

Risk Strategies Company has acquired life and health benefits specialist firm, Anderson Corporate Solutions, enhancing its leadership in employee benefits consulting.

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Jul 11, 2017

Risk Strategies Company Bolsters Employee Benefits Expertise with New Hires

Risk Strategies Company, a privately held, rapidly growing national insurance brokerage and risk management firm, today announced the arrival of Kate Genovese and Pauline Sobelman to its industry-leading employee benefits practice group

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May 24, 2017

Risk Strategies Company acquires Brightstone Insurance Services, specialist broker serving same-day transportation and logistics

In a move that marks its first foray into the market, Risk Strategies Company today announced it has acquired Brightstone Insurance Services, a specialty broker focused on the needs of same-day transportation and logistics companies.

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Apr 18, 2017

Risk Strategies Company expands Long Island, NY presence with acquisition of Friedman & Freidman

Risk Strategies Company expands Long Island, NY presence with acquisition of Friedman & Freidman Agency. Company's focus on personal lines seen as excellent fit for growing national practice group.

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Apr 10, 2017

Risk Strategies Company adds to Employee Benefits Practice with Acquisition of Mosse & Mosse Associates

At a time of great uncertainty for employers amid looming federal policy changes, Risk Strategies Company, a privately held, rapidly growing national insurance brokerage and risk management firm, has added to its employee benefits practice and expertise with the acquisition of Mosse & Mosse Associates, LLC's commercial benefits and consulting operations.

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Apr 6, 2017

Risk Strategies Company Appoints John Mina President

Risk Strategies Company announced it has named John Mina as President to help guide the company across its expanding footprint of offices and run the day-to-day business operations.

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Mar 27, 2017

Risk Strategies Company Acquires Terrell Insurance Services Inc.

Risk Strategies Company Acquires Terrell Insurance Services Inc., adds Private Client Personal Lines Capabilities to Dallas Operations 

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Jan 18, 2017

Risk Strategies Company Acquires University Health Plans

Risk Strategies Company announces acquisition of University Health Plans (UHP), a brokerage firm specializing in student health insurance programs.

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Dec 20, 2016

Risk Strategies Bolsters Real Estate Expertise, Growing Florida Presence with Acquisition of Advanced Insurance Underwriters

Risk Strategies Company today boosted both its real estate expertise, one of its core practice areas, and growing presence in Florida with the acquisition of business insurance specialist Advanced Insurance Underwriters (AIU), headquartered in Hollywood, FL.

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Oct 11, 2016

Risk Strategies Company Acquires Long Island-Based TSG Financial Bolstering Expertise in Employee Benefits Practice

Risk Strategies Company today announced it has strengthened its growing employee benefits practice and made its first foray into offering wealth management and retirement plan services with the acquisition of Long Island-based TSG Financial. 

Sep 20, 2016

Risk Strategies Company Builds out Presence in Florida With Acquisition of Miami-Based Kahn-Carlin

Risk Strategies Company today announced it has Miami-based acquired Kahn-Carlin Insurance, marking a dramatic expansion of its Florida operations three months after it entered the state with the acquisition of leading yacht and boat insurance specialist, Atlass Insurance. Terms of the deal were not announced.

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Sep 8, 2016

Risk Strategies Company Expands Midwest Private Client Practice Team

Risk Strategies Company has expanded its Chicago staff with the addition of two experienced practitioners, Sandy Leon and Andrew Bonk, to the company's highly regarded Private Client Group.

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Jun 28, 2016

Risk Strategies Company’s New Qualification Program for HR and Benefits Technology Demystifies Market Clutter

Rapid Growth in Market Offerings, Interest in Use for ACA Compliance Efforts, Drives Process to Simplify Technology Alignment for Specific Client Types and Needs

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Jun 20, 2016

Risk Strategies Company Expands Into Texas, Acquires Dallas-Based McLaughlin Brunson

Risk Strategies Company announced its entry into Texas with the acquisition of Dallas-based McLaughlin Brunson Insurance Agency, a prominent provider of professional liability, property and casualty and health insurance serving architects, engineers and certified professional accountant.

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Jun 2, 2016

Risk Strategies Company Acquires OakBridge Advisors, Broadens National Employee Benefits Practice in California

Risk Strategies Company has added to its industry-leading Employee Benefits practice and its presence in California with the acquisition of OakBridge Advisors. 

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May 31, 2016

Risk Strategies Company Acquires Atlass Insurance Brokerage, Bolsters Private Client Practice, Establishes Florida Footprint

Risk Strategies Company today announced its second acquisition in as many weeks with the addition of Atlass Insurance Group, significantly adding to the resources of its Private Client practice.

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May 24, 2016

Risk Strategies Company Expands in New York City, Augments Media Business Reach With Acquisition of John Buttine, Inc.

Risk Strategies Company acquires John Buttine, Inc., an insurance brokerage based in New York City with a specialty focus on companies involved in a variety of media-related businesses and services.

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Apr 5, 2016

Risk Strategies Company Boosts Higher Education Reach With Acquisition of Maggs & Associates

Risk Strategies Company, a privately held, rapidly growing national insurance brokerage and risk management firm, today announced its acquisition of Maggs & Associates, a Schenectady, New York-based brokerage, specializing in serving the complex insurance placement and risk mitigation needs of colleges and universities.

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Mar 15, 2016

Risk Strategies Company Receives Vertafore Vanguard Award for Innovation, Harnessing Technology to Manage Rapid Growth

Risk Strategies Company, a privately held, national insurance brokerage and risk management firm, that has aggressively grown its reach through acquisition in recent years, has been awarded the Vertafore Vanguard Award for Innovation by Vertafore, the largest provider of technology for the independent insurance industry in the United States. The award recognizes the innovative work Risk Strategies has done integrating newly acquired companies, as well as an ongoing Salesforce.com implementation, with its agency management system, Vertafore's AMS360.

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Mar 7, 2016

Risk Strategies Company Acquires Lester Brokerage, Adds Outstanding Depth, Capabilities to Private Client Practice

Risk Strategies Company, a privately held, rapidly growing national insurance brokerage and risk management firm, today announced its acquisition of Lester Brokerage, an Englewood Cliffs, New Jersey-based firm with six decades of expertise building customized programs that simplify the complex risk management and insurance needs of high-net-worth clients.

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Feb 2, 2016

Risk Strategies Company Bolsters Private Client Team in Nashville Offices

Risk Strategies Company, a privately held, rapidly growing national insurance brokerage and risk management firm, today announced the expansion of its nationwide Private Risk Management (PRM) practice with the hiring of Carol Wiek as vice president, private client. A highly experienced PRM practitioner, Wiek is based out of the Nashville office of Crow Friedman Group, which Risk Strategies acquired in 2014.

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Dec 7, 2015

Risk Strategies Company Acquires Re-Solutions Intermediaries, LLC, Enhances Reinsurance Brokerage Business

Risk Strategies Company, a privately held, rapidly growing national insurance brokerage and risk management firm, today announced it has augmented its reinsurance and healthcare businesses with the acquisition of Re-Solutions Intermediaries, LLC, a reinsurance specialist focused on assisting healthcare organizations around the world manage risk. 

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Nov 17, 2015

Risk Strategies Company Expands Chicago Office With New Vice President

Risk Strategies Company, a national risk management and insurance placement brokerage firm, announced today that Alan G. Harder has joined its Chicago office as Vice President. Harder joins a week after Risk Strategies acquired Chicago-based M.G. Welbel & Associates.

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Nov 10, 2015

Risk Strategies Company Builds Chicago-Area Operations, Professional Liabilities Practice With Acquisition of M.G. Welbel

Risk Strategies Company, a privately held, rapidly growing national insurance brokerage and risk management firm, today announced it has strengthened its Chicago-area operations as well as the expertise of its professional liability practice with the acquisition of M.G. Welbel & Associates.

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Oct 30, 2015

Bob Courtemanche Joins Risk Strategies Company as Senior Managing Director, Private Client Practice Leader

Risk Strategies Company, a rapidly growing national leader in risk management and insurance placement, announced today that it has brought on longtime industry veteran Bob Courtemanche as a Senior Managing Director and Practice Leader nationally for its Private Client group.

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Oct 27, 2015

Risk Strategies Company Agent Among a Select Group to be Named a Certified Advisor of Personal Insurance by Wharton and Chubb

Jeff Kaplan, Senior Vice President, Family Office Practice Leader, Northeast with Risk Strategies Company, has been awarded a Certified Advisor of Personal Insurance (CAPI) designation from the Aresty Institute of Executive Education at the Wharton School of the University of Pennsylvania and Chubb Personal Insurance.

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Oct 20, 2015

Risk Strategies Company Announces Transaction With Kelso & Company

Risk Strategies Company ("Risk Strategies" or the "Company"), a national insurance & benefits brokerage and risk management firm headquartered in Boston, and Kelso & Company ("Kelso"), one of the oldest and most established firms in the private equity industry and a leading investor in the insurance sector, today announced that they have signed a definitive agreement whereby Kelso will acquire a majority stake in Risk Strategies from Kohlberg & Company.

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Sep 25, 2015

Should Philadelphia Insure the Pope’s Visit Against Acts of God?

Faith is not enough when it comes to staging Pope Francis' visit to Philadelphia this week. Host organization World Meeting of Families (WMoF) and the Philadelphia Archdiocese relied on veteran entertainment insurance brokerage DeWitt Stern, a Risk Strategies Company, to create a comprehensive policy for the event.

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Jul 14, 2015

Risk Strategies Company Bolsters Northern California Operations With Acquisition of MacCorkle Insurance Service

Risk Strategies Company, a national insurance brokerage and risk management firm, today announced the expansion of its San Francisco presence with the acquisition of MacCorkle Insurance Service, a full service employee benefits and property/casualty insurance brokerage and consulting firm headquartered in Burlingame. 

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Jun 3, 2015

Risk Strategies Company Acquires Dubraski & Associates, Strengthens National Healthcare Practice

Risk Strategies Company, a national insurance brokerage and risk management firm headquartered in Boston, today announced it has acquired Dubraski & Associates Insurance Services, a national brokerage and consulting firm that provides risk and insurance solutions to the healthcare industry. 

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May 6, 2015

Risk Strategies Company Grows Employee Benefits and Higher Education Practice with Acquisition of Northwest Comprehensive, Inc.

Risk Strategies Company, a national insurance brokerage and risk management firm based in Boston, today announced the acquisition of Northwest Comprehensive, Inc., a full service employee benefits insurance brokerage and consulting firm with headquarters in Chicago.

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Apr 1, 2015

Risk Strategies Company Recognized as 2015 Pacesetter by Boston Business Journal

Risk Strategies Company, a national insurance brokerage and risk management firm headquartered in Boston, has been recognized as a 2015 Pacesetter by the Boston Business Journal. The designation was announced in the March 12, 2015 issue of The Boston Business Journal.

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Mar 16, 2015

Dewitt Stern Group Employees Are Honored As Prestigious 2015 Power Brokers® From Risk & Insurance® Magazine

DeWitt Stern Group, a privately held insurance brokerage and risk advisory firm recently acquired by Risk Strategies Company, today announced that three brokers in the organization were honored as 2015 Power Brokers® by Risk & Insurance® magazine. The designation, announced in the February issue of Risk & Insurance®, is based on nominations provided by brokers and risk managers, and is judged on the quality of the application and on references by risk managers in each industry sector. 

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Oct 21, 2014

Risk Strategies Company Completes Transaction With Benefit Development Group, Expands Employee Benefits Practice Group

Risk Strategies Company, a national insurance brokerage and risk management firm headquartered in Boston, today announced it has acquired Benefit Development Group (BDG), a leading broker for health insurance, group, and voluntary benefits in the Northeast. The combination will place Risk Strategies Company in the top 30 brokers ranked nationally with over $100 million in revenues, more than 400 employees nationwide and well over $1 billon in premiums placed on behalf of their clients.

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Oct 8, 2014

Risk Strategies Company Expands Professional Liability Practice With Acquisition of Crow Friedman Group

 Risk Strategies Company, a national insurance brokerage and risk management firm headquartered in Boston, today announced it has acquired Crow Friedman Group, a professional liability brokerage company headquartered in Memphis, Tennessee. Ranked in the top 35 brokers nationally with $100 million in revenues, Risk Strategies will now have over 400 employees nationwide and will place over $1 billon in premiums on behalf of their clients. 

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Oct 1, 2014

Risk Strategies Company and DeWitt Stern Group Announce Merger

Risk Strategies Company, a national insurance brokerage and risk management company headquartered in Boston, and DeWitt Stern, a privately held insurance brokerage and risk advisory firm based in New York, today announced they have merged. This move pushes the combined organization into the rank of Top 35 brokers nationally, with nearly $100 million in revenues and almost 400 employees nationwide. 

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Sep 17, 2014

Risk Strategies Company Announces the Hire of Melissa S. Masles as Chief Operating Officer for California Operations

Risk Strategies Company, a national insurance brokerage and risk management firm, is pleased to announce the hiring of Melissa S. Masles as Senior Vice President and Chief Operating Officer for California. In this role, Masles will have operational oversight of Risk Strategies' four offices in California. She will focus on deepening the firm's regional capabilities and accelerating its growth trajectory. She will be based in the firm's San Mateo office. 

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Apr 8, 2014

Risk Strategies Company Expands Environmental and Waste Industry Insurance Business

Risk Strategies Company, a national insurance brokerage and risk management firm headquartered in Boston, MA today announced it has expanded their environmental and waste industry insurance business and named Pam Caron Senior Vice President. Caron, an established leader in the environmental and waste industry, joined Risk Strategies to add expertise and scale to this important business segment.

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Jan 22, 2014

Risk Strategies Company Acquires Insurance Brokerage Firm Singer Nelson Charlmers

Risk Strategies Company, a national insurance brokerage and risk management firm headquartered in Boston, today announced that it has acquired Singer Nelson Charlmers, a leader in professional liability, employee benefits, and private client personal lines. Based in Teaneck, N.J., Singer Nelson Charlmers works with many of New York's most prestigious professional services firms -- architects and engineers, lawyers, and others. 

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Jan 14, 2014

Risk Strategies Company Acquires New Hampshire-Based DataRisk

Risk Strategies Company, a national insurance brokerage and risk management firm headquartered in Boston, today announced it has acquired DataRisk LLC, a Portsmouth, NH-based risk management consulting firm offering customized risk management and specialized insurance brokerage solutions, including executive level personal lines.

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Sep 11, 2013

Risk Strategies Company Announces Formation of New National Professional Practices Group

Risk Strategies Company (RSC), a national insurance & benefits brokerage and risk management firm headquartered in Boston, today announced the launch of its new Professional Practices Group, which specializes in providing Professional Liability and E&O insurance, Property & Casualty insurance solutions and Employee Benefits programs for architectural and engineering firms, law firms and third-party administrators (TPAs). Concentrated in California, the new practice will consist of a team of seasoned insurance industry professionals and will service a range of national and international commercial and personal clients.

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Jun 27, 2013

Risk Strategies Company announces Transaction with Kohlberg & Company

Risk Strategies Company (RSC), a national insurance & benefits brokerage and risk management firm headquartered in Boston, today announced the completion of a significant transaction and partnership that positions the Company for accelerated growth and an enhanced value proposition for current and future customers and partners. Kohlberg & Company, L.L.C, a private equity firm specializing in middle market investing, has acquired a majority of the Company's stock and reserved substantial additional equity capital to support RSC's client and growth initiatives from its recently-closed, $1.6 billion fund, Kohlberg Investors VII. Terms of the agreement were not disclosed.

 

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May 14, 2013

Risk Strategies Company Adds Jim DiFalco to Credit Union Health Benefits of America Team

Risk Strategies Company (RSC), a national insurance brokerage and risk management firm headquartered in Boston, has named Jim DiFalco as Executive Team Leader for RSC's Credit Union Health Benefits of America (CUHB) Employee Benefits Captive program. Jim will co-lead RSC's efforts to increase CUHB's national expansion into credit unions seeking an alternative to traditional medical insurance plans or programs.

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Oct 22, 2012

Risk Strategies Company Acquires D&D Insurance Agency

Risk Strategies Company (RSC), a national insurance brokerage and risk management firm headquartered in Boston, today announced that it has acquired Burlington, Mass.-based D&D Insurance Agency, an independent personal and commercial lines insurance agency specializing in risk and insurance solutions for personal and commercial clients in Massachusetts.

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Oct 4, 2012

Risk Strategies’ Jane Dickerson appointed new Chairperson of URMIA’S Affiliate Committee

Risk Strategies Company (RSC), a national insurance brokerage and risk management firm headquartered in Boston, announced today that Jane Dickerson, Senior Vice President and Higher Education Practice Leader, has been named Chairperson of the Affiliate Committee of the University Risk Management and Insurance Association (URMIA).

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