Media Coverage

Danielle Chaplick Joins Risk Strategies as Managing Director Danielle Chaplick has joined Risk Strategies Consulting as managing director. Before joining Risk Strategies Consulting, Chaplick served as vice president and northeast regional director – public sector for Gallagher Benefit Services, where she managed a team of account service leads and senior consultants who worked with middle to large-market clients.
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Risk Strategies appoints new managing director Specialty insurance brokerage and risk management firm Risk Strategies has announced that Danielle Chaplick has joined as managing director.
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Risk Strategies Consulting taps managing director Specialty insurance brokerage and risk management firm Risk Strategies has announced the appointment of Danielle Chaplick as managing director for Risk Strategies Consulting.
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Risk Strategies appoints Michael Grossman Risk Strategies has appointed Michael Grossman as employee benefits leader for the US Central region. In his role he will be responsible for building a regional strategy for the employee benefits business unit, focused primarily on driving and achieving business results through revenue growth, client experience, people strategies and market relationships.
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Risk Strategies appoints employee benefits leader Specialty insurance brokerage and risk management firm Risk Strategies has appointed Michael Grossman as employee benefits leader for the Central region. He will be responsible for building a regional strategy for the employee benefits business unit focused primarily on driving business results through revenue growth, client experience, people strategies and market relationships.
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Top Wealth Adviser Hall of Fame Need a good tax accountant, estate attorney, financial planner, or insurance professional? Matthew Friedson is rated one of the very best insurance professionals in Washington. 

 

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Risk Strategies buys Tanenbaum-Harber Specialty insurance brokerage and risk management firm Risk Strategies has bought Florida-based firm Tanenbaum-Harber. Headquartered in Miramar, Florida, the firm is one of the largest independent retail agencies operating in South Florida.
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2022 Was An Up & Down Year For Agency Mergers & Acquisitions Risk Strategies was ranked one of the most active acquirers in 2022 with 23 deals.
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Risk Strategies acquires Tanenbaum-Harber of Florida Risk Strategies has revealed that it has acquired the insurance and risk management advisor Tanenbaum-Harber of Florida. Founded in 1860, the Miramar, FL-based Tanenbaum-Harber is one of the largest independent retail agencies operating in South Florida.
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Risk Strategies acquires Tanenbaum-Harber of Florida Risk Strategies has acquired Tanenbaum-Harber of Florida, a long-established insurance and risk management advisor for businesses and families. Tanenbaum-Harber is headquartered in Miramar, Florida, and is one of the largest independent retail agencies operating in South Florida. Also acquired in the deal were the assets of Tanenbaum-Harber of California, which operates from San Diego and supports businesses in the state.
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Risk Strategies Deal for Tanenbaum-Harber Agency Includes California-based Firm Risk Strategies, a national insurance brokerage, acquired Florida’s Tanenbaum-Harber, a risk management and insurance advisor. Based in Miramar, Florida, Tanenbaum-Harber traces its beginnings to 1860, the companies said in a news release. It is considered one of the largest independent property and casualty agencies in south Florida.
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Risk Strategies Buys Tanenbaum-Harber Agency in Florida Risk Strategies, a national insurance brokerage, has acquired Florida’s Tanenbaum-Harber, a risk management and insurance advisor. Based in Miramar, Florida, Tanenbaum-Harber traces its beginnings to 1860, the companies said in a news release. It is considered one of the largest independent property and casualty agencies in south Florida. The terms of the deal were not disclosed, but it also included Tanenbaum-Harber of California, headquartered in San Diego.
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Risk Strategies Acquires Insurance Advisor Tanenbaum-Harber of Florida Boston, US-based specialty insurance brokerage and risk management firm Risk Strategies has acquired insurance and risk management advisor Tanenbaum-Harber of Florida, LLC, the firm said. Tracing its roots back to 1860, Tanenbaum-Harber is headquartered in Miramar, FL and is one of the largest independent retail agencies operating in South Florida.
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RSC acquires South Florida agency Specialty brokerage RSC Insurance Brokerage Inc., which does business as Risk Strategies Co., said Thursday it has acquired independent agent Tanenbaum-Harber of Florida LLC.
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Navigating the Cannabis D&O Insurance Market The cannabis industry is maturing rapidly. The global market was valued at $17.8 billion in 2021 and is expected to expand at a compound annual growth rate (CAGR) of 25.3% in the coming years, projected to reach a valuation of $134.4 billion by 2030.
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People Moves: Risk Strategies Names Lamond Commercial Leader Boston-based Risk Strategies has appointed Doran Lamond as commercial lines leader for the New England region. In this new role, Lamond will be responsible for building a regional strategy for the commercial property/casualty business.
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Florida insurance reforms welcomed by industry Property insurance reforms passed in Florida last month will help stabilize the state’s difficult market for insurance buyers, but more changes are needed, say insurance experts.
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6 key trends influence employee benefits in 2023 The employee benefits landscape has undergone rapid and dramatic changes in recent years. 2022 was marked by continued challenges, which influenced how businesses built their total rewards packages. Ways of working shifted, attrition climbed, employee expectations expanded, and rising health care costs drove medical plan rates higher.
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M&A weekly round-up featuring Risk Strategies M&A weekly round-up featuring recent news from Risk Strategies.
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Risk Strategies acquires Statewide Condominium Insurance National specialty insurance brokerage and risk management firm Risk Strategies has announced that it has acquired Statewide Condominium Insurance.
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Risk Strategies buys speciality broker Statewide Condominium Insurance Risk Strategies, a US-based speciality insurance brokerage and risk management firm, has announced the acquisition of Statewide Condominium Insurance for an undisclosed sum. Statewide Condominium Insurance is a specialist retail broker focused on providing risk management and insurance solutions to condominium and apartment complex risk sectors.
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Risk Strategies buys retail broker in ‘complex risks & difficult markets’ space US specialty insurance brokerage and risk management firm Risk Strategies has acquired a Florida-based “highly specialised” retail broker focused on complex risks and difficult markets sector.
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Risk Strategies M&A chief: Broker buyer field has become “narrow” The head of M&A at top-20 retailer Risk Strategies says the dramatic shift in funding conditions has led to a significant pull back in acquisitions in the sector, telling The Insurer the number of players who will be able to execute deals in 2023 “is becoming a narrow group”.
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Risk Strategies Buys Florida Condominium Insurance Agency Boston-based broker Risk Strategies announced it has acquired Statewide Condominium Insurance, a Vero Beach, Florida, retail broker focused on the condominium and apartment complex sectors.
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Risk Strategies “disrupts” consulting industry with new powerhouse Risk Strategies, a national specialty insurance brokerage and risk management firm, has taken an “important step” in elevating its business to the next level. On December 1, 2022, the firm announced the launch of Risk Strategies Consulting, a national consulting and actuarial services business.
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Risk Strategies acquires Worldwide Assurance Risk Strategies has acquired Worldwide Assurance, a health and benefits-focused retail agency. Founded in 2012 Worldwide Assurance is a specialist in helping businesses and individuals create health benefit coverage plans that meet their specific needs. The firm’s offerings range from medical and dental coverage plans to long-term care insurance, group term and variable life insurance.
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Risk Strategies Acquires Worldwide Assurance Agency in Miami Risk Strategies, national specialty insurance brokerage and risk management firm, has acquired Miami-based Worldwide Assurance Inc., a retail life, health and benefits agency. Worldwide was founded in 2012 and has grown rapidly in recent years, its president, Osvaldo Gonzalez III, said in a news release. The company offers medical and dental plans, long-term care insurance, group term and variable life insurance
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Risk Strategies buys up Worldwide Assurance Risk Strategies has acquired Worldwide Assurance, a health and benefits-focused retail agency. Founded in 2012, Worldwide Assurance specializes in helping businesses and individuals create health benefit coverage plans that meet their specific needs. The firm’s offerings range from medical and dental coverage plans to long-term care insurance, group term, and variable life insurance.
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Risk Strategies names Bussiere fine arts practice leader while Pontillo becomes product leader Boston-headquartered retail broker Risk Strategies has promoted Margaret Bussiere to national fine arts practice leader, while Mary Pontillo has become national product leader for the division.
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Risk Strategies launches US consulting business Risk Strategies, a privately held US broker, has launched a national consulting and actuarial services business. Now merged into a single unified business segment and reporting to John Greenbaum, executive vice president, Risk Strategies Consulting incorporates “expertise and offerings” from industry consulting and actuarial firms acquired over the past four years.
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Are "cat loss" policies an answer to weather insurance woes? Catastrophe loss policies that cover multiple natural perils could make life easier for insureds and adjusters in the wake of costly and destructive weather events, a claims and risk boss has mooted.
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Risk Strategies launches national consulting business Risk Strategies has launched a national consulting and actuarial services business offering consulting services for employers and insurance providers. Risk Strategies Consulting will be led by John Greenbaum, Risk Strategies’ executive vice president. It will incorporate expertise and offerings from key acquisitions of consulting and actuarial firms acquired over the past four years.
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Risk Strategies launches consulting and actuarial business Boston-based retail broker Risk Strategies has launched a national consulting and actuarial services business, Risk Strategies Consulting.
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Risk Strategies launches consulting and actuarial business Specialty insurance brokerage and risk management firm Risk Strategies has announced the launch of a national consulting and actuarial services business.
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Putting Personal Healthcare First Benefits Employers and Rates Do you know the saying "don't hate the player, hate the game"? While healthcare should not be a game, most employers and benefits teams must work within the current healthcare system; operating with insurance companies, third-party administrators (TPAs), and prescription benefit managers (PBMs) - can prove challenging. 
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Insuring Cannabis Summit 2022: Capacity, Rates, Lawsuits and More The experts were Stephanie Bozzuto, co-founder of Cannabis Connect Insurance, Beth Medvedev, division manager at James River Insurance Co., Jason Scheurle, national product lead, cannabis for Burns & Wilcox, Alex Buschmann, national cannabis practice leader at Risk Strategies.
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Risk Strategies bolsters medical presence with acquisition of Wallace Specialty Leading national specialty insurance brokerage and risk management firm, Risk Strategies, has acquired Wallace Specialty Insurance Group.
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Landlords face insurance pitfalls as buildings get smarter Cyberattacks are one of the greatest threats facing buildings as they become connected and smart, but ensuring smart buildings are insured for cyber threats is also becoming increasingly difficult, writes James McHale.
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Risk Strategies swoops for Texas agency Specialty insurance brokerage Risk Strategies has announced that it has acquired Texas-based Wallace Specialty Insurance Group. Terms of the transaction were not disclosed.
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Risk Strategies acquires Wallace Specialty Insurance Group Specialty insurance brokerage and risk management firm Risk Strategies has acquired Wallace Specialty Insurance Group. The terms of the deal were not disclosed.
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Risk Strategies gets bigger in Texas with dental deal Risk Strategies has grown its footprint in Texas with the acquisition of dental industry-focused broker Wallace Specialty Insurance Group.
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Risk Strategies buys dental-focused insurer Specialty brokerage RSC Insurance Brokerage Inc., dba as Risk Strategies Co., on Thursday said it had acquired Wallace Specialty Insurance Group.
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Insuring Cannabis Summit: Experts Answer Social Media’s Toughest Questions That question took Stephanie Bozzuto, co-founder of Cannabis Connect Insurance, down a long mental list. Bozzuto has been in the insuring cannabis business for years, so she knows many of the ups and downs and ins and outs of securing insurance for cannabis operators.
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Revealed – IBA's 5-Star Professional Liability 2022 winners The professional liability market has faced a broad swathe of challenges in recent years, but as always, there were select brokers, carriers, and MGAs who went above and beyond to deliver for their clients.
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Artwork attacks raise risk management and insurance concerns Recent protests in Europe by climate activists targeting high-value artworks are raising concerns among museums, lenders and their insurers. Museums should expect greater scrutiny of their security procedures but it is too soon to say if the attacks will drive up prices in the fine art insurance market, experts say.
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Attacks on artworks raise risk management, insurance concerns Clients that lend high-value artwork to museums are asking lots of questions, said Mary Pontillo, national fine art practice leader at Risk Strategies Co., who is based in Charlottesville, Virginia.
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Non-renewals increasingly common in cat-exposed recreational marine: Risk Strategies Retail broker Risk Strategies has said that both premiums and deductibles in the marine market are expected to increase, as underwriting requirements become more stringent and non-renewals become commonplace for risks with cat exposures – particularly in Florida, the Bahamas and the Caribbean.
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Cyber insurance market shows signs of stabilization: Risk Strategies A report by U.S-based insurance broker Risk Strategies said the cyber insurance market is beginning to stabilize after years of steep rate hikes, as the pace of cyber attacks has slowed amid stringent underwriting conditions and improved cyber market maturity and awareness, Reinsurance News reported. Despite this, insurers are expected to remain cautious and continue to limit their exposure to ransomware claims and systemic events.
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Attacks on artworks raise risk management, insurance concerns Recent protests in Europe by climate activists targeting high-value artworks are raising concerns among museums, lenders and their insurers. Museums should expect greater scrutiny of their security procedures, but it is too soon to say if the attacks will drive up prices in the fine art insurance market, experts say.
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Cyber Insurance Market Stabilizing as Security Awareness Improves The cyber insurance market is beginning to stabilize following several years of steep rate increases, according to Risk Strategies’ State of the Market 2022 Update.
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Cutbacks in capacity & price hikes to follow Ian: Risk Strategies A recent report from Risk Strategies suggests property insurance buyers with locations exposed to climate change-related events will see significant reductions in coverage capacity, as well as higher deductibles and pricing well into 2023 following Hurricane Ian, as reinsurers grow increasingly concerned about inadequate values and peril losses.
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Risk Strategies suggests cyber insurance market is beginning to stabilize According to Risk Strategies State of the Market update, the cyber insurance market is beginning to stabilise after years of steep rate increases, though insurers will continue to be on high alert through the remainder of the year and into 2023.
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Miscellaneous E&O market grows, diversifies Demand for miscellaneous professional liability coverage continues to increase as businesses add services and recognize the limits of their other insurance policies, industry experts say.
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The Art of Calculating the Cost of Risk Insurance and legislation affect how enterprises balance between protecting against breaches and recovering from them.
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Risk Strategies warns of capacity shortage at 1/1 A new State of the Market Report by specialty insurance brokerage and risk management firm, Risk Strategies, has warned clients to settle their re/insurance negotiations as early as possible, ahead of an anticipated shortage of capacity at the upcoming January renewals.
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Risk Strategies Acquires Actuarial Firm Aquarius Capital Solutions Group US-based insurance brokerage and risk management firm Risk Strategies has acquired actuarial firm Aquarius Capital Solutions Group, which has expertise in health care benefits, employee and retirement benefits, the firm said.
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Risk Strategies swoops for N.Y. agency Specialty insurance brokerage Risk Strategies has announced the acquisition of New York-based Aquarius Capital Solutions Group, an actuarial firm with expertise in healthcare benefits, employee and retirement benefits.
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Risk Strategies Acquires Actuarial Firm Aquarius Capital Specialty insurance broker Risk Strategies announced it has acquired Aquarius Capital Solutions Group, an actuarial firm focused on health care, employee and retirement benefits.
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Risk Strategies Acquires Insurance Broker Relation Education Solutions US-based specialty insurance brokerage and risk management firm Risk Strategies has acquired US-based specialty insurance broker Relation Education Solutions from Relation Insurance Services.
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Risk Strategies buys rival brokerage to sharpen focus on core offering US specialty insurance brokerage and risk management firm Risk Strategies has acquired a California-based rival brokerage in a deal that will add key capabilities to its national education practice, as it looks to sharpen focus on its core product offerings.
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Rising Star Edward Shaara Outlines What It Takes to Insure Today’s Entertainment Industry Risks Risk Strategies’ Edward Shaara shares a peek into what it takes to keep production flowing behind the scenes of major entertainment projects.
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Rate hikes predicted for most lines of coverage The property insurance market will remain tight for the rest of the year and will get even more challenging for buyers in 2023 as reinsurers increase rates at Jan. 1 renewals in the wake of losses from Hurricane Ian, brokerage Risk Strategies Co. said in a report Wednesday.
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Risk Strategies expands actuarial capabilities with acquisition Risk Strategies expands actuarial capabilities with acquisition.
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7 People on the Move Chubb names new head of North America industry practices, Risk Strategies merges student health business segment under new leadership and more in this edition of People on the Move.
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October M&A roundup: Motion control, consumer trends and gene editing Check out the nine mergers and acquisitions of tech and life sciences companies we reported on in October.
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The BI Top 10: Week of Oct. 24, 2022 Third-quarter earnings reports from major insurers and analyses from Marsh and Risk Strategies point to more rate hikes ahead.
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Risk Strategies Acquires Missouri’s Beattie & Associates Risk Strategies, a national specialty insurance brokerage and risk management firm, announced it has acquired Beattie & Associates, a retail agency in Missouri specializing in employee benefits for both individuals and employers.
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Risk Strategies snaps up Missouri-based agency Specialty insurance brokerage Risk Strategies has announced that it has acquired Missouri-based Beattie & Associates, a retail agency specializing in employee benefits for individuals and employers. 
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Risk Strategies Acquires Dickstein Associates Agency Risk Strategies, a leading national specialty insurance brokerage and risk management firm, today announced it has acquired Dickstein Associates Agency, a full-service retail insurance agency.
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Risk Strategies adds Orchid’s Graham in private client services role Risk Strategies has expanded its New England region leadership team with the addition of Orchid Insurance’s Charlie Graham as senior vice president, private client services.
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Risk Strategies hires Orchid’s Graham as private client services SVP Fast-growing retail broker Risk Strategies has recruited Charlie Graham as senior vice president for its private client services division.
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Fast-growing retail broker Risk Strategies has recruited Charlie Graham as senior vice president for its private client services division. Specialty insurance broker Risk Strategies announced the expansion of its New England region leadership team with the addition of Charlie Graham as senior vice president, private client services.
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People Moves: Postulka Returns to Arbella; Graham Joins Risk Strategies Specialty insurance broker Risk Strategies announced the expansion of its New England region leadership team with the addition of Charlie Graham as senior vice president, private client services.
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Risk Strategies, Beattie & Associates Risk Strategies, a national specialty insurance brokerage and risk management firm, announced it has acquired Beattie & Associates, a retail agency in Missouri specializing in employee benefits for both individuals and employers.
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People & Places Risk Strategies, a national specialty insurance brokerage and risk management firm based in Boston, expanded its Atlantic region team with the addition of J.C. Fulse as senior vice president, private client services leader.
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Dobbs decision casts shadow on med mal The controversial U.S. Supreme Court abortion decision in June, which overturned the 50-year-old Roe vs. Wade ruling and held there is no constitutional right to an abortion in the United States, has led to a panoply of state responses that has created uncertainty for medical providers and medical malpractice insurers.
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Insurance buyers face prolonged difficult market The medical malpractice insurance market is tough for buyers and is expected to remain so for the foreseeable future. 
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Ruling’s reach may extend to frozen embryos One legal issue that may arise out of the U.S. Supreme Court’s June ruling in Dobbs vs. Jackson Women’s Health Organization is the fate of the many frozen embryos in fertility clinics.
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Tying philanthropy and sustainability into business growth Risk Strategies is an independent insurance brokerage firm with its sights set on further growth: the company has been on an acquisition spree these past few months, acquiring the likes of Sebastian Insurance, Bonds, Inc., Dickstein Associates Agency, and Beattie & Associates.
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Risk Strategies Acquires Relation Education Solutions in California Risk Strategies acquired Relation Education Solutions from Relation Insurance Services. The deal adds key capabilities to Risk Strategies’ National Education Practice.
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Risk Strategies acquires employee benefits provider Beattie & Associates Risk Strategies, a US-based speciality insurance brokerage and risk management firm, has acquired retail agency Beattie & Associates.
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Buschmann Tackling Insuring Cannabis Questions at Summit Alex Buschmann, national cannabis practice leader for Risk Strategies, is asking for insuring cannabis questions he can answer at Insurance Journal's annual Insuring Cannabis Summit on Oct. 26 and 27. 
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Risk Strategies aims to protect Big Sky’s assets Tom Beattie says he has fly fished with many of his clients—it has become a comfortable way of doing business for him. In addition to targeting 100 days on the river per year and being a 10-year resident of Big Sky, Beattie helmed an insurance and employee benefits firm for 30 years. Today, he is the newest addition to the Risk Strategies team after the Boston, Massachusetts-based firm purchased Beattie and Associates in August.
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Risk Strategies buys Relation’s education services unit Risk Strategies has bought Relation Education Solutions from California-based Relation Insurance Services, with the acquired unit providing insurance brokerage and program administration services for more than 950 colleges and universities.
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Risk Strategies buys Relation’s education insurance business Risk Strategies Co. has bought rival brokerage Relation Insurance Inc.’s education insurance division. Terms of the deal were not disclosed.
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Insurance Agency Mergers And Acquisitions YTD Hit 2nd Highest Level ere has been a total of 627 agency acquisitions so far in 2022, down from 668 over the same time period in 2021 says OPTIS Partners consulting in its latest quarterly report on mergers and acquisition activity nationally.
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Around the P&C insurance industry: October 19, 2022 The Compensation Consulting practice, part of NFP’s Executive Benefits platform, works with companies to develop tailored pay strategies and structures that help attract, retain and motivate talent.
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Risk Strategies buys Relation’s education insurance business

Risk Strategies Co. has bought rival brokerage Relation Insurance Inc.'s education insurance division.

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Risk Strategies Co. has bought rival brokerage Relation Insurance Inc.'s education insurance division.

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Risk Strategies buys Relation’s education services unit

Risk Strategies has bought Relation Education Solutions from California-based Relation Insurance Services, with the acquired unit providing insurance brokerage and program administration services for more than 950 colleges and universities.

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Risk Strategies Acquires Relation Education Solutions in California A division of California-based Relation Insurance Services, Relation Education Services offerings complement existing Risk Strategies Education Practice capabilities, including student health plans, international benefits, faculty and staff benefits, and cultural exchange health plans, while expanding the existing portfolio in areas such as student athletics, amateur sports, and recreational programs.
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Risk Strategies buys Relation’s education services unit

Risk Strategies has bought Relation Education Solutions from California-based Relation Insurance Services, with the acquired unit providing insurance brokerage and program administration services for more than 950 colleges and universities.

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Risk Strategies has bought Relation Education Solutions from California-based Relation Insurance Services, with the acquired unit providing insurance brokerage and program administration services for more than 950 colleges and universities.

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Dobbs decision casts shadow on med mal The controversial U.S. Supreme Court abortion decision in June, which overturned the 50-year-old Roe vs. Wade ruling and held there is no constitutional right to an abortion in the United States, has led to a panoply of state responses that has created uncertainty for medical providers and medical malpractice insurers.
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Insurance buyers face prolonged difficult market The medical malpractice insurance market is tough for buyers and is expected to remain so for the foreseeable future. One particular cause for concern is the increase in telehealth since COVID-19, which some say is leading to more claims.
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Ruling’s reach may extend to frozen embryos One legal issue that may arise out of the U.S. Supreme Court's June ruling in Dobbs vs. Jackson Women's Health Organization is the fate of the many frozen embryos in fertility clinics.
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Professional Liability Insurance: Claims Severity Takes a Toll, but Capacity Remains

The global economy is establishing a new equilibrium after the disruption of supply chains and labor markets by the COVID-19 pandemic.

The market for professional liability insurance appears to be following a similar path. Prices are higher and supply is somewhat constrained, but capacity is substantial enough to allow for renewed growth.

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The global economy is establishing a new equilibrium after the disruption of supply chains and labor markets by the COVID-19 pandemic.

The market for professional liability insurance appears to be following a similar path. Prices are higher and supply is somewhat constrained, but capacity is substantial enough to allow for renewed growth.

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Cyber Insurance: Rate Hikes Moderate as Carriers Implement Course Corrections

In the 30 or so years since cyber insurance first appeared, the line has been unique in that it principally addresses intentional damage or loss to intangible property. The ever-evolving nature of both cyber property and the risks to it—risks created by malicious individuals probing for vulnerabilities—quickly renders underwriting and rating criteria obsolete, as old threats are thwarted and new ones emerge.

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In the 30 or so years since cyber insurance first appeared, the line has been unique in that it principally addresses intentional damage or loss to intangible property. The ever-evolving nature of both cyber property and the risks to it—risks created by malicious individuals probing for vulnerabilities—quickly renders underwriting and rating criteria obsolete, as old threats are thwarted and new ones emerge.

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Risk Strategies aims to protect Big Sky’s assets

BIG SKY – Tom Beattie says he has fly fished with many of his clients—it has become a comfortable way of doing business for him. In addition to targeting 100 days on the river per year and being a 10-year resident of Big Sky, Beattie helmed an insurance and employee benefits firm for 30 years. Today, he is the newest addition to the Risk Strategies team after the Boston, Massachusetts-based firm purchased Beattie and Associates in August.

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BIG SKY – Tom Beattie says he has fly fished with many of his clients—it has become a comfortable way of doing business for him. In addition to targeting 100 days on the river per year and being a 10-year resident of Big Sky, Beattie helmed an insurance and employee benefits firm for 30 years. Today, he is the newest addition to the Risk Strategies team after the Boston, Massachusetts-based firm purchased Beattie and Associates in August.

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Coalition urges FEMA to make changes amid rising flood insurance premiums

The Coalition for Sustainable Flood Insurance which GNO Inc. leads issued a white paper that evaluated FEMA's Risk Rating 2.0 methodology for determining premiums and affordability.

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The Coalition for Sustainable Flood Insurance which GNO Inc. leads issued a white paper that evaluated FEMA's Risk Rating 2.0 methodology for determining premiums and affordability.

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Business Moves

Specialty risk broker RB Jones announced its marine and energy division has acquired the Smart Cargo Insurance business from Boston-based managing general agent Corvus Insurance.

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Specialty risk broker RB Jones announced its marine and energy division has acquired the Smart Cargo Insurance business from Boston-based managing general agent Corvus Insurance.

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People & Places

Boost appointed Emy Donavan as chief underwriting officer. She will oversee the company's program underwriting, product development, and portfolio management in collaboration with Boost's insurtech and embedded partners along with the development and execution of Boost's reinsurance and risk capital markets strategy.

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Boost appointed Emy Donavan as chief underwriting officer. She will oversee the company's program underwriting, product development, and portfolio management in collaboration with Boost's insurtech and embedded partners along with the development and execution of Boost's reinsurance and risk capital markets strategy.

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Professional Liability Insurance

The global economy is establishing a new equilibrium after the disruption of supply chains and labor markets by the COVID-19 pandemic. The market for professional liability insurance appears to be following a similar path. Prices are higher and supply is somewhat constrained, but capacity is substantial enough to allow for renewed growth.

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The global economy is establishing a new equilibrium after the disruption of supply chains and labor markets by the COVID-19 pandemic. The market for professional liability insurance appears to be following a similar path. Prices are higher and supply is somewhat constrained, but capacity is substantial enough to allow for renewed growth.

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People Moves: Postulka Returns to Arbella; Graham Joins Risk Strategies

Specialty insurance broker Risk Strategies announced the expansion of its New England region leadership team with the addition of Charlie Graham as senior vice president, private client services.

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Specialty insurance broker Risk Strategies announced the expansion of its New England region leadership team with the addition of Charlie Graham as senior vice president, private client services.

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Cyber Insurance

You could say that there was a "before and after" in the evolution of cyber insurance: before the emergence of ransomware, and after the onslaught of high-profile ransomware attacks in the years just before and during the coronavirus pandemic.

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You could say that there was a "before and after" in the evolution of cyber insurance: before the emergence of ransomware, and after the onslaught of high-profile ransomware attacks in the years just before and during the coronavirus pandemic.

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Coalition urges FEMA to make changes amid rising flood insurance premiums

In October, FEMA implemented Risk Rating 2.0 as a way to try to help the NFIP become more financially sound. John Meder is head of Risk Consulting and Claims Advocacy at Risk Strategies, a national specialty insurance brokerage, and risk management advisory company. He said in the areas affected by Ian it may be a while before all the damage can be assessed.

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In October, FEMA implemented Risk Rating 2.0 as a way to try to help the NFIP become more financially sound. John Meder is head of Risk Consulting and Claims Advocacy at Risk Strategies, a national specialty insurance brokerage, and risk management advisory company. He said in the areas affected by Ian it may be a while before all the damage can be assessed.

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Buschmann Tackling Insuring Cannabis Questions at Summit

Alex Buschmann, national cannabis practice leader for Risk Strategies, is asking for insuring cannabis questions he can answer at Insurance Journal's annual Insuring Cannabis Summit on Oct. 26 and 27.

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Alex Buschmann, national cannabis practice leader for Risk Strategies, is asking for insuring cannabis questions he can answer at Insurance Journal's annual Insuring Cannabis Summit on Oct. 26 and 27.

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M&A weekly round-up: Acrisure, PCF and Risk Strategies

M&A weekly round-up: Acrisure, PCF and Risk Strategies

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M&A weekly round-up: Acrisure, PCF and Risk Strategies

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People on the move in the P&C insurance industry: September 23, 2022

Risk Strategies appointed Charlie Graham as senior vice president, private client services. She led the specialty high-net-worth division at Orchid Insurance.

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Risk Strategies appointed Charlie Graham as senior vice president, private client services. She led the specialty high-net-worth division at Orchid Insurance.

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Risk Strategies hires Orchid’s Graham as private client services SVP

Risk Strategies has expanded its New England region leadership team with the addition of Orchid Insurance's Charlie Graham as senior vice president, private client services.

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Risk Strategies has expanded its New England region leadership team with the addition of Orchid Insurance's Charlie Graham as senior vice president, private client services.

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Risk Strategies adds Orchid’s Graham in private client services role

Risk Strategies has expanded its New England region leadership team with the addition of Orchid Insurance's Charlie Graham as senior vice president, private client services.

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Risk Strategies has expanded its New England region leadership team with the addition of Orchid Insurance's Charlie Graham as senior vice president, private client services.

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St. Louis employee benefits firm changes hands

Largest St. Louis employee benefits firms ranked by local full-time employee benefits employees in early 2020.

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Largest St. Louis employee benefits firms ranked by local full-time employee benefits employees in early 2020.

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Risk Strategies Acquires Dickstein Associates Agency

Risk Strategies, a leading national specialty insurance brokerage and risk management firm, today announced it has acquired Dickstein Associates Agency, a full-service retail insurance agency.

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St. Louis employee benefits firm changes hands

A Chesterfield-based agency specializing in employee benefits for individuals and employers has been acquired.

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A Chesterfield-based agency specializing in employee benefits for individuals and employers has been acquired.

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Risk Strategies acquires New York's Standard Pension Services

Risk Strategies acquires New York's Standard Pension Services.

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Risk Strategies acquires employee benefits provider Beattie & Associates

Risk Strategies, a US-based specialty insurance brokerage and risk management firm, has acquired retail agency Beattie & Associates.

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Risk Strategies snaps up Missouri-based agency

Specialty insurance brokerage Risk Strategies has announced that it has acquired Missouri-based Beattie & Associates, a retail agency specializing in employee benefits for individuals and employers.

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M&A weekly round-up: Risk Strategies, Relation, Amynta and more

M&A weekly round-up: Risk Strategies, Relation, Amynta and more

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View from the top: John Mina, Risk Strategies

John Mina joined the insurance industry as a broker in 1986 and spent much of his career at Willis Towers Watson PLC and its predecessor companies before joining Boston-based brokerage Risk Strategies Co. as president in 2017. He was named CEO in 2019. Risk Strategies, which marked its 25th anniversary this year, has grown rapidly since private-equity firm Kohlberg & Co. invested in the brokerage in 2013.

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John Mina joined the insurance industry as a broker in 1986 and spent much of his career at Willis Towers Watson PLC and its predecessor companies before joining Boston-based brokerage Risk Strategies Co. as president in 2017. He was named CEO in 2019. Risk Strategies, which marked its 25th anniversary this year, has grown rapidly since private-equity firm Kohlberg & Co. invested in the brokerage in 2013.

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Risk Strategies Acquires Missouri’s Beattie & Associates

Risk Strategies, a national specialty insurance brokerage and risk management firm, announced it has acquired Beattie & Associates, a retail agency in Missouri specializing in employee benefits for both individuals and employers. 

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Risk Strategies acquires Mo.-based employee benefits specialist

Risk Strategies, a national specialty insurance brokerage and risk management firm, announced it has acquired Mo- based employee benefits specialist. 

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Risk Strategies, a national specialty insurance brokerage and risk management firm, announced it has acquired Mo- based employee benefits specialist. 

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Risk Strategies acquires Dickstein Associates Agency

Dickstein offers risk management solutions, such as property and casualty insurance coverages, to individuals and businesses. Focusing on real estate, technology companies, and coastal condominium associations, Dickstein also provides life and health benefits to clients.

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M&A weekly round-up: Gallagher, Hub, Risk Strategies, Choice and more

Risk Strategies, a leading national specialty insurance brokerage and risk management firm, today announced it has acquired Dickstein Associates Agency, a full-service retail insurance agency. 

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Risk Strategies buys retail insurance agency Dickstein Associates

Risk Strategies, a US-based specialty insurance intermediary and risk management firm, has acquired full-service retail insurance agency Dickstein Associates Agency. New Jersey-based Dickstein Associates provides a wide range of risk management solutions, including property and casualty coverages to both individuals and businesses.

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Risk Strategies swoops for N.J. agency

Specialty insurance brokerage Risk Strategies has announced that it has acquired New Jersey-based Dickstein Associates Agency. The terms of the transaction were not disclosed. Founded in 1965, Dickstein Associates is a full-service retail agency that provides comprehensive risk management services, including property and casualty insurance coverage for individuals and businesses.

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Dickstein Associates joins Boston insurance firm

A Boston-based insurance firm — announced Aug. 24 that it acquired Dickstein Associates Agency, based in Tinton Falls. Founded in 1965, Dickstein is a full-service retail insurance agency, and its offerings include property and casualty insurance coverage for individuals and businesses. Its top 10 clients average 22 years with the firm, according to the announcement. 

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A Boston-based insurance firm — announced Aug. 24 that it acquired Dickstein Associates Agency, based in Tinton Falls. Founded in 1965, Dickstein is a full-service retail insurance agency, and its offerings include property and casualty insurance coverage for individuals and businesses. Its top 10 clients average 22 years with the firm, according to the announcement. 

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Risk Strategies acquires NJ-based agency Dickstein Associates

Risk Strategies has acquired Dickstein Associates Agency, an insurance agency based in New Jersey that has particular expertise in real estate and technology companies as well as coastal condominium associations.

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Risk Strategies Acquires New Jersey Retail Insurance Agency Dickstein Associates

Boston, US-based specialty insurance brokerage and risk management firm Risk Strategies has acquired New Jersey based retail insurance agency Dickstein Associates Agency, to expand footprint in Northeast, the company said. Dickstein Associates provides comprehensive risk management solutions, including property and casualty insurance coverages to individuals and businesses.

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Boston, US-based specialty insurance brokerage and risk management firm Risk Strategies has acquired New Jersey based retail insurance agency Dickstein Associates Agency, to expand footprint in Northeast, the company said. Dickstein Associates provides comprehensive risk management solutions, including property and casualty insurance coverages to individuals and businesses.

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Risk Strategies snaps up insurance agency to expand in US northeast

Insurance brokerage and risk management firm Risk Strategies has snapped up a full-service retail insurance agency to expand its footprint in the northeastern US.

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Risk Strategies Acquires New Jersey’s Dickstein Associate

Risk Strategies, a Boston-based national specialty insurance brokerage, has acquired Dickstein Associates Agency, a retail insurance agency located in Tinton Falls, New Jersey. Dickstein Associates provides risk management and property/casualty insurance coverages with a focus on real estate and technology companies along with coastal condominium associations for which Dickstein offers an exclusive program. Dickstein also offers life and health benefits to companies.

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4 Employment Professional Liability Risks to Watch After the Dobbs Decision

In the weeks since the Dobbs v. Jackson Women's Health Organization decision was released, 22 states have either passed new laws or have pre-Roe laws on the books that could be used to restrict a woman's ability to have an abortion, the Guttmacher Institute reports. A number of other state legislatures are currently considering legislation that would restrict abortion rights, per the Washington Post. 

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In the weeks since the Dobbs v. Jackson Women's Health Organization decision was released, 22 states have either passed new laws or have pre-Roe laws on the books that could be used to restrict a woman's ability to have an abortion, the Guttmacher Institute reports. A number of other state legislatures are currently considering legislation that would restrict abortion rights, per the Washington Post. 

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Building a $1 billion revenue broking business

Risk Strategies recently celebrated its 25th anniversary, with staff getting an extra day of leave over the summer, as well as receiving "branded swag", and some colleagues having gathered to celebrate.

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Risk Strategies recently celebrated its 25th anniversary, with staff getting an extra day of leave over the summer, as well as receiving "branded swag", and some colleagues having gathered to celebrate.

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An Oasis in a Dry Desert; an Island in Stormy Seas

Anyone who watches broadcast media coverage or engages in social media commentary knows that these are tumultuous times of distress and anger over economics and politics. But you would never know that from the business of workers compensation insurance, which carries on serenely despite the effects of the COVID-19 pandemic, labor market strains, hyper-partisan politics, and inflation that have caused widespread disruptions throughout the economy.

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Anyone who watches broadcast media coverage or engages in social media commentary knows that these are tumultuous times of distress and anger over economics and politics. But you would never know that from the business of workers compensation insurance, which carries on serenely despite the effects of the COVID-19 pandemic, labor market strains, hyper-partisan politics, and inflation that have caused widespread disruptions throughout the economy.

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Roe v. Wade causes concern around benefits parity

The US Supreme Court made the historic and far-reaching decision on Friday, June 24, to overturn Roe v. Wade, eliminating the constitutional right to abortion. Since then, companies of all sizes have been scrambling to figure out how to respond.

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The US Supreme Court made the historic and far-reaching decision on Friday, June 24, to overturn Roe v. Wade, eliminating the constitutional right to abortion. Since then, companies of all sizes have been scrambling to figure out how to respond.

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Risk Strategies snaps up US surety specialist

US insurance brokerage and risk management firm Risk Strategies has bolstered its surety practice with the acquisition of Bonds.

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US insurance brokerage and risk management firm Risk Strategies has bolstered its surety practice with the acquisition of Bonds.

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Risk Strategies buys up Bonds

Risk Strategies has acquired Bonds, a specialist in surety bonds focused on the construction industry. The terms of the deal were not announced.

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Risk Strategies has acquired Bonds, a specialist in surety bonds focused on the construction industry. The terms of the deal were not announced.

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Risk Strategies Acquires Surety Specialist Bonds

US-based national specialty insurance brokerage and risk management firm Risk Strategies has acquired surety bonds specialist Bonds, Inc., which is focused on the construction industry, the firm said.

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US-based national specialty insurance brokerage and risk management firm Risk Strategies has acquired surety bonds specialist Bonds, Inc., which is focused on the construction industry, the firm said.

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Risk Strategies adds construction expertise with Bonds, Inc acquisition

Specialty retail broker Risk Strategies has strengthened its construction capabilities with the acquisition of surety specialist Bonds, Inc.

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Specialty retail broker Risk Strategies has strengthened its construction capabilities with the acquisition of surety specialist Bonds, Inc.

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Risk Strategies acquires surety specialist Bonds Inc.

National specialty insurance brokerage and risk management firm Risk Strategies has acquired Bonds, Inc.

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National specialty insurance brokerage and risk management firm Risk Strategies has acquired Bonds, Inc.

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9 Questions for Risk Strategies’ Alex Maza

Willis Towers Watson veteran Alex Maza joined Risk Strategies in October of 2020 as national account director for management liability. Dan Reynolds, editor-in-chief of Risk & Insurance®, recently caught up with Alex to get his views on the management liability market. What follows is a transcript of that discussion edited for length and clarity.

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Willis Towers Watson veteran Alex Maza joined Risk Strategies in October of 2020 as national account director for management liability. Dan Reynolds, editor-in-chief of Risk & Insurance®, recently caught up with Alex to get his views on the management liability market. What follows is a transcript of that discussion edited for length and clarity.

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Commercial property insurance rates rise again

Commercial property insurance rates increased again at midyear renewals, albeit at a more moderate pace, and the overall cost of programs is rising as inflation pushes up values and premium costs.

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Commercial property insurance rates increased again at midyear renewals, albeit at a more moderate pace, and the overall cost of programs is rising as inflation pushes up values and premium costs.

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People & Places - East

Specialty insurance broker Risk Strategies added Amanda Mullan as chief human resources officer.

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Specialty insurance broker Risk Strategies added Amanda Mullan as chief human resources officer.

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Why Is It So Hard To Insure NFTs?

According to the Insurance Information Institute, insurance is now a $1.3 trillion industry. We have insurance for our cars, our homes, our jobs, and even our teeth. Heidi Klum insures her legs, Gene Simmons insures his tongue, and a 500-year-old hotel in England once insured its staff against ghost attacks. So, where's the NFT insurance? After all, there's clearly a market for it.

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According to the Insurance Information Institute, insurance is now a $1.3 trillion industry. We have insurance for our cars, our homes, our jobs, and even our teeth. Heidi Klum insures her legs, Gene Simmons insures his tongue, and a 500-year-old hotel in England once insured its staff against ghost attacks. So, where's the NFT insurance? After all, there's clearly a market for it.

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Risk Strategies welcomes Ellison

Boston-based specialty insurance brokerage and risk management firm Risk Strategies has added Jason Ellison as employee benefits leader, national health care practice, based in Nashville.

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Boston-based specialty insurance brokerage and risk management firm Risk Strategies has added Jason Ellison as employee benefits leader, national health care practice, based in Nashville.

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Risk Strategies names Patrick Roth SVP, Growth Leader

Specialty insurance brokerage and risk management firm, Risk Strategies, has appointed Patrick Roth as Senior Vice President, Growth Leader for the Central and West regions.

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Specialty insurance brokerage and risk management firm, Risk Strategies, has appointed Patrick Roth as Senior Vice President, Growth Leader for the Central and West regions.

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People on the Move

Jason Ellison has joined Risk Strategies, a leading national specialty insurance brokerage and risk management firm, as Employee Benefits Leader of the National Health Care Practice.

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Jason Ellison has joined Risk Strategies, a leading national specialty insurance brokerage and risk management firm, as Employee Benefits Leader of the National Health Care Practice.

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Risk Strategies hires Lockton’s Roth as Central and West growth leader

Risk Strategies has appointed Patrick Roth as senior vice president, growth leader for the Central and West regions, with the executive joining the broker after two years at Lockton.

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Risk Strategies has appointed Patrick Roth as senior vice president, growth leader for the Central and West regions, with the executive joining the broker after two years at Lockton.

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Risk Strategies hires former Lockton exec

Risk Strategies Co. on Wednesday named former Lockton Cos. LLC executive Patrick Roth senior vice president, growth leader for the Central and West regions.

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Risk Strategies Co. on Wednesday named former Lockton Cos. LLC executive Patrick Roth senior vice president, growth leader for the Central and West regions.

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Risk Strategies Names Chief Human Resources Officer

Risk Strategies brought in Amanda Mullan to join the organization as chief human resources officer. Mullan will oversee the company's human resource function including talent acquisition and development, human resource benefits and operations, employee relations and overall total employee engagement across the company.

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Risk Strategies brought in Amanda Mullan to join the organization as chief human resources officer. Mullan will oversee the company's human resource function including talent acquisition and development, human resource benefits and operations, employee relations and overall total employee engagement across the company.

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Business Insurance Comings & Goings

Comings & Goings

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Comings & Goings

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Telemedicine: The next area of concern for medical malpractice

The frequency of medmal claims related to telemedicine is expected to grow in the next one to three years as usage increases, and it becomes less a means to a specific end and more an ingrained part of seeing the doctor, sources said.

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The frequency of medmal claims related to telemedicine is expected to grow in the next one to three years as usage increases, and it becomes less a means to a specific end and more an ingrained part of seeing the doctor, sources said.

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Risk Strategies Expands on Florida’s East Coast

Risk Strategies, a national specialty insurance brokerage and risk management firm based in Boston, has acquired Sebastian Insurance Group of Florida.

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Risk Strategies acquires P&C insurance agency Sebastian Insurance

Risk Strategies – a US national specialty insurance brokerage and risk management firm – has acquired Sebastian Insurance Group in Florida.

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Risk Strategies – a US national specialty insurance brokerage and risk management firm – has acquired Sebastian Insurance Group in Florida.

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Risk Strategies buys Florida agency Sebastian Insurance

Risk Strategies has acquired Florida-based Sebastian Insurance Group, which offers a range of custom coverages including property casualty insurance for homes, vehicles, boats, and businesses, as well as flood insurance.

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Risk Strategies Acquires Sebastian Insurance Group in Florida, USA

US-based specialty insurance brokerage and risk management firm Risk Strategies has acquired Florida, US-based insurance agency Sebastian Insurance Group, the firm said.

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US-based specialty insurance brokerage and risk management firm Risk Strategies has acquired Florida, US-based insurance agency Sebastian Insurance Group, the firm said.

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Risk Strategies buys Sebastian Insurance Group

US-based specialty insurance brokerage and risk management firm Risk Strategies has purchased Sebastian Insurance Group for an undisclosed sum.

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US-based specialty insurance brokerage and risk management firm Risk Strategies has purchased Sebastian Insurance Group for an undisclosed sum.

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Risk Strategies acquires Sebastian Insurance

Risk Strategies has acquired Sebastian Insurance Group. The terms of the deal were not announced.

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Risk Strategies Acquires Sebastian Insurance Group

Risk Strategies, a leading national specialty insurance brokerage and risk management firm, today announced it has acquired Sebastian Insurance Group. Terms of the deal were not announced.

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Risk Strategies, a leading national specialty insurance brokerage and risk management firm, today announced it has acquired Sebastian Insurance Group. Terms of the deal were not announced.

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Risk Strategies CEO: Higher interest rates will not have significant impact on consolidation

Although rising interest rates will have some "cooling effect" on consolidation in the red-hot distribution space, the impact won't be significant because of the amount of capital looking to be deployed, according to Risk Strategies CEO John Mina.

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Although rising interest rates will have some "cooling effect" on consolidation in the red-hot distribution space, the impact won't be significant because of the amount of capital looking to be deployed, according to Risk Strategies CEO John Mina.

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Mullan Joins Risk Strategies as Chief Human Resources Officer

Specialty insurance broker Risk Strategies announced that Amanda Mullan has joined the firm as chief human resources officer. Mullan will oversee the company's human resource function including talent acquisition and development, human resource benefits and operations, employee relations and overall total employee engagement across the company.

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Specialty insurance broker Risk Strategies announced that Amanda Mullan has joined the firm as chief human resources officer. Mullan will oversee the company's human resource function including talent acquisition and development, human resource benefits and operations, employee relations and overall total employee engagement across the company.

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People: Risk Strategies Names Ellison Benefits Leader

Risk Strategies has named Jason Ellison its employee benefits leader for national health care practice.

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Risk Strategies has named Jason Ellison its employee benefits leader for national health care practice.

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Risk Strategies appoints employee benefits leader

Risk Strategies, a specialty insurance brokerage and risk management firm, has announced the appointment of Jason Ellison as employee benefits leader for its national healthcare practice.

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Risk Strategies, a specialty insurance brokerage and risk management firm, has announced the appointment of Jason Ellison as employee benefits leader for its national healthcare practice.

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Risk Strategies appoints new employee benefits leader

Specialty insurance brokerage and risk management firm Risk Strategies has announced Jason Ellison has joined the firm as employee benefits leader at its National Health Care Practice.

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Risk Strategies appoints Jason Ellison

Risk Strategies has appointed Jason Ellison as employee benefits leader for the brokerage's national healthcare practice.

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Risk Strategies has appointed Jason Ellison as employee benefits leader for the brokerage's national healthcare practice.

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Risk Strategies hires Gallagher’s Ellison as employee benefits leader

Expansive specialty retail broker Risk Strategies has added Jason Ellison from Arthur J Gallagher as employee benefits leader in its national healthcare practice.

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Expansive specialty retail broker Risk Strategies has added Jason Ellison from Arthur J Gallagher as employee benefits leader in its national healthcare practice.

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Pushing Limits to Reach the Next Level: 10 Questions with Risk Strategies CEO John Mina

Risk Strategies' John Mina speaks to R&I about milestones, the future of the industry and of the planet, and why pushing your boundaries is an essential part of growth.

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Solutions for Financing and Reimbursements of Gene Therapies

For quite some time now, Genetic Engineering has been promising to reshape the Health Care landscape and to help humanity overcome diseases and avoid health problems by providing us with the tools to manipulate two of the pillars of the evolution: random mutation and natural selection.

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For quite some time now, Genetic Engineering has been promising to reshape the Health Care landscape and to help humanity overcome diseases and avoid health problems by providing us with the tools to manipulate two of the pillars of the evolution: random mutation and natural selection.

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Looking for Cyber Insurance? Know Your Eligibility

There are specific types of attacks and threats that cyber insurers want to see addressed. According to Risk Strategies' State of the Market 2022 Report, cyber insurance carriers are looking more closely at cyber risks caused by ransomware attacks, stricter government and industry regulations, weaknesses in the cloud and disruptions to the supply chain.

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There are specific types of attacks and threats that cyber insurers want to see addressed. According to Risk Strategies' State of the Market 2022 Report, cyber insurance carriers are looking more closely at cyber risks caused by ransomware attacks, stricter government and industry regulations, weaknesses in the cloud and disruptions to the supply chain.

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Risk Strategies recruits Aon’s Sheehan as MLP national account director

Specialty broker Risk Strategies has recruited James Sheehan as its new national account director for the management liability practice, effective immediately.

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Specialty broker Risk Strategies has recruited James Sheehan as its new national account director for the management liability practice, effective immediately.

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Risk Strategies hires Aon’s Sheehan as MLPG national account director

Risk Strategies has appointed James Sheehan as its management liability practice group (MLPG) national account director, with the new hire joining after almost five years at Aon.

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Risk Strategies has appointed James Sheehan as its management liability practice group (MLPG) national account director, with the new hire joining after almost five years at Aon.

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Self-reflection & Soft Skills – with John Mina, CEO, Risk Strategies Company

"As you progress up the corporate ladder, your focus becomes less about your technical skills and more your people management and communication skills", says John.

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Risk Strategies Expands Atlantic Region Growth Team

Specialty insurance brokerage Risk Strategies announced a promotion and addition to its Atlantic Region growth team.

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Specialty insurance brokerage Risk Strategies announced a promotion and addition to its Atlantic Region growth team.

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Risk Strategies bolsters entertainment practice with new hire

National specialty insurance brokerage Risk Strategies has announced the appointment of Paul Evans as an executive vice president in its national entertainment practice.

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National specialty insurance brokerage Risk Strategies has announced the appointment of Paul Evans as an executive vice president in its national entertainment practice.

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Marsh’s Evans Joins Risk Strategies Entertainment

Boston-based specialty insurance broker Risk Strategies announced Paul Evans has joined the firm as an executive vice president in its national entertainment practice.

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Boston-based specialty insurance broker Risk Strategies announced Paul Evans has joined the firm as an executive vice president in its national entertainment practice.

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Risk Strategies taps Marsh’s Nesselt for Atlantic region expansion

Specialty broker Risk Strategies has named Rob Nesselt as its new P&C Atlantic regional growth leader based in Florida, to spearhead an expansion around the region.

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Specialty broker Risk Strategies has named Rob Nesselt as its new P&C Atlantic regional growth leader based in Florida, to spearhead an expansion around the region.

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Risk Strategies adds Marsh’s Evans to national entertainment practice

Risk Strategies has strengthened its national entertainment practice after sector veteran Paul Evans joined the broker from Marsh.

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Risk Strategies has strengthened its national entertainment practice after sector veteran Paul Evans joined the broker from Marsh.

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Risk Strategies hires entertainment executive from Marsh

RSC Insurance Brokerage Inc., which does business as Risk Strategies Co., on Thursday said former Marsh LLC executive Paul Evans has joined the firm as an executive vice president in its national entertainment practice.

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RSC Insurance Brokerage Inc., which does business as Risk Strategies Co., on Thursday said former Marsh LLC executive Paul Evans has joined the firm as an executive vice president in its national entertainment practice.

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Risk Strategies recruits Marsh’s Evans as national entertainment EVP

Specialty broker Risk Strategies has recruited longtime Marsh executive Paul Evans to the firm as an executive vice president in its national entertainment practice.

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Specialty broker Risk Strategies has recruited longtime Marsh executive Paul Evans to the firm as an executive vice president in its national entertainment practice.

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Looming regulations on ‘forever chemicals’ could create $400bn in cleanup liabilities

Tightening regulations and growing awareness of the dangers of poly- and perfluoroalkyl (PFAS) chemicals appear poised to spawn a long-running, complicated and major loss event for insurers – one that could rival or even surpass asbestos based on the most bearish predictions of the casualty market.

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Tightening regulations and growing awareness of the dangers of poly- and perfluoroalkyl (PFAS) chemicals appear poised to spawn a long-running, complicated and major loss event for insurers – one that could rival or even surpass asbestos based on the most bearish predictions of the casualty market.

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Severity of Jury Verdicts Should Concern Florida Physicians

This verdict, along with a new Florida House bill on the horizon, should send up red flags to Florida physicians, according to Julie Danna, senior vice president, National Health Care Practice, Danna-Gracey, a Division of Risk Strategies.

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This verdict, along with a new Florida House bill on the horizon, should send up red flags to Florida physicians, according to Julie Danna, senior vice president, National Health Care Practice, Danna-Gracey, a Division of Risk Strategies.

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2022 BEN Talks: What no one tells you about being an innovator

It's often so easy to see the success of your peers and get discouraged. But being an innovator is about so much more than just having a new idea. It's all in the execution. At this year's BenefitsPRO Broker Expo, four industry innovators shared their own recipes for innovation.

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It's often so easy to see the success of your peers and get discouraged. But being an innovator is about so much more than just having a new idea. It's all in the execution. At this year's BenefitsPRO Broker Expo, four industry innovators shared their own recipes for innovation.

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Benefits pros, but not tech pros

We asked our readers, what are the biggest technology mistakes you've made in your career? What tips and advice do you have for your peers to avoid those same mistakes?

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We asked our readers, what are the biggest technology mistakes you've made in your career? What tips and advice do you have for your peers to avoid those same mistakes?

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WasteExpo 2022: Defend today, secure tomorrow

During a session on cybersecurity at WasteExpo, which was May 9-12 in Las Vegas, panelists representing information technology (IT), electronics recyclers, insurance and cybersecurity echoed each other's notion that the pandemic threw many departments for a loop in terms of maintaining a high level of data security.

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During a session on cybersecurity at WasteExpo, which was May 9-12 in Las Vegas, panelists representing information technology (IT), electronics recyclers, insurance and cybersecurity echoed each other's notion that the pandemic threw many departments for a loop in terms of maintaining a high level of data security.

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Risk Strategies buys up ICCF

Risk Strategies, a US specialty insurance brokerage and risk management firm, has acquired the Insurance Centre of Central Florida (ICCF), a firm primarily focused on crafting risk management solutions for private clients.

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Risk Strategies, a US specialty insurance brokerage and risk management firm, has acquired the Insurance Centre of Central Florida (ICCF), a firm primarily focused on crafting risk management solutions for private clients.

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Risk Strategies swoops for Florida agency

Specialty brokerage and risk management firm Risk Strategies has announced it has acquired The Insurance Center of Central Florida (ICCF), a firm focused primarily on providing risk management services to private clients. Terms of the transaction were not disclosed.

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Specialty brokerage and risk management firm Risk Strategies has announced it has acquired The Insurance Center of Central Florida (ICCF), a firm focused primarily on providing risk management services to private clients. Terms of the transaction were not disclosed.

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Risk Strategies Acquires Insurance Center of Central Florida

Boston-based specialty insurance broker Risk Strategies has acquired The Insurance Center of Central Florida (ICCF), a property/casualty insurance and risk management agency based in Melbourne, Florida. Terms of the deal were not announced.

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Boston-based specialty insurance broker Risk Strategies has acquired The Insurance Center of Central Florida (ICCF), a property/casualty insurance and risk management agency based in Melbourne, Florida. Terms of the deal were not announced.

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An Excess of Risk: Social Services and Nonprofits in a Pandemic World

Embezzlement. Molestation. Catastrophic weather-related losses. Contracts, agreements, cyber exposures and more are all risks that social service and nonprofit organizations face daily. Add to those risks the usual suspects: fraud, EPL exposures, even auto and property risks. As pandemic-related issues begin to ease, the social services and nonprofit space is wondering what's next, and how long of a tail pandemic-related claims will have.

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Embezzlement. Molestation. Catastrophic weather-related losses. Contracts, agreements, cyber exposures and more are all risks that social service and nonprofit organizations face daily. Add to those risks the usual suspects: fraud, EPL exposures, even auto and property risks. As pandemic-related issues begin to ease, the social services and nonprofit space is wondering what's next, and how long of a tail pandemic-related claims will have.

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Hollywood’s COVID safety measures aren’t going away anytime soon. Here’s why

Even with nearly 80% of Californians at least partially vaccinated, hospitalizations down from their highs and eased mask mandates, COVID-19 safety protocols on Hollywood film and TV sets are unlikely to go away soon.

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Even with nearly 80% of Californians at least partially vaccinated, hospitalizations down from their highs and eased mask mandates, COVID-19 safety protocols on Hollywood film and TV sets are unlikely to go away soon.

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Feds outline broad cyber disclosures

Proposed U.S. Securities and Exchange Commission cybersecurity rules would provide some much-needed standardization for companies seeking to determine how much and when to reveal cyber-related intrusions to their investors, experts say.

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Proposed U.S. Securities and Exchange Commission cybersecurity rules would provide some much-needed standardization for companies seeking to determine how much and when to reveal cyber-related intrusions to their investors, experts say.

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What cyber insurance companies want from clients

Cyberattacks are a fact of life. Every organization — in fact, anyone with an internet account — has been targeted in some manner, from a phishing email to DDoS website attacks to malicious account takeovers.

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Cyberattacks are a fact of life. Every organization — in fact, anyone with an internet account — has been targeted in some manner, from a phishing email to DDoS website attacks to malicious account takeovers.

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Hollywood’s COVID safety measures aren’t going away anytime soon. Here’s why

Even with nearly 80% of Californians at least partially vaccinated, hospitalizations down from their highs and eased mask mandates, COVID-19 safety protocols on Hollywood film and TV sets are unlikely to go away soon.

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Even with nearly 80% of Californians at least partially vaccinated, hospitalizations down from their highs and eased mask mandates, COVID-19 safety protocols on Hollywood film and TV sets are unlikely to go away soon.

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‘The Only Way to Stop the Bleeding is to Stop Writing Policies’

Global warming's effects are impacting collectors' bank accounts, especially in disaster-prone states like California and Florida where risky conditions have become the norm.

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Global warming's effects are impacting collectors' bank accounts, especially in disaster-prone states like California and Florida where risky conditions have become the norm.

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Risk Strategies grows 2021 revenue to $732mn fueled by niche-focused M&A

Insurance broker Risk Strategies increased 2021 revenues 10% to $732mn, as the company capitalized on its specialty-focused inorganic growth plans, chief M&A strategist John Vaglica told Inside P&C.

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Insurance broker Risk Strategies increased 2021 revenues 10% to $732mn, as the company capitalized on its specialty-focused inorganic growth plans, chief M&A strategist John Vaglica told Inside P&C.

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Risk Strategies swoops for Texas firm

Risk Strategies has announced that it has acquired Texas-based Advisor Brokerage Services (ABS), a full-service insurance brokerage and risk management consulting firm. The terms of the transaction were not disclosed.

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Risk Strategies has announced that it has acquired Texas-based Advisor Brokerage Services (ABS), a full-service insurance brokerage and risk management consulting firm. The terms of the transaction were not disclosed.

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Risk Strategies boosts Texas presence with ABS buy

Risk Strategies has acquired full-service insurance brokerage and risk management consulting firm Advisor Brokerage Services (ABS), which focuses on serving alternative asset management firms.

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Risk Strategies has acquired full-service insurance brokerage and risk management consulting firm Advisor Brokerage Services (ABS), which focuses on serving alternative asset management firms.

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M&A weekly roundup: Risk Strategies, Gallagher, Higginbotham and more

Risk Strategies, a leading national specialty insurance brokerage and risk management firm, announced it has acquired full-service insurance brokerage and risk management consulting firm Advisor Brokerage Services (ABS). Terms of the deal were not announced.

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Risk Strategies Acquires Advisor Brokerage Services to Expand Presence in Texas

Boston, US-based insurance brokerage and risk management firm Risk Strategies has acquired Texas-based full-service insurance brokerage and risk management consulting firm Advisor Brokerage Services (ABS) to expand presence in Texas, the company said.

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Boston, US-based insurance brokerage and risk management firm Risk Strategies has acquired Texas-based full-service insurance brokerage and risk management consulting firm Advisor Brokerage Services (ABS) to expand presence in Texas, the company said.

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Assessing Employer Vaccine Mandates

In January, the U.S. Supreme Court decided to block the federal COVID-19 vaccine mandate for large employers, leaving some companies celebrating and others questioning how to proceed. The blocked mandate would have dictated that all businesses with more than 100 employees require workers to get vaccinated or provide negative COVID test results weekly.

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In January, the U.S. Supreme Court decided to block the federal COVID-19 vaccine mandate for large employers, leaving some companies celebrating and others questioning how to proceed. The blocked mandate would have dictated that all businesses with more than 100 employees require workers to get vaccinated or provide negative COVID test results weekly.

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‘The only way to stop the bleeding is to stop writing policies’: climate change is making it more expensive to insure art

Global warming's effects are impacting collectors' bank accounts, especially in disaster-prone states like California and Florida where risky conditions have become the norm

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Global warming's effects are impacting collectors' bank accounts, especially in disaster-prone states like California and Florida where risky conditions have become the norm

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Risk Strategies buys broker focused on asset management

Risk Strategies Co. said Thursday that it has acquired Advisor Brokerage Services LLC of Austin, Texas. Terms of the deal were not announced.

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Risk Strategies Co. said Thursday that it has acquired Advisor Brokerage Services LLC of Austin, Texas. Terms of the deal were not announced.

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Risk Strategies Acquires Texas’ Advisor Brokerage Services

Risk Strategies has acquired full-service insurance brokerage and risk management consulting firm Advisor Brokerage Services (ABS). Terms of the deal were not announced.

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Risk Strategies acquires Advisor Brokerage Services

Risk Strategies, a US-based specialty insurance brokerage and risk management firm, has acquired Advisor Brokerage Services (ABS), an insurance brokerage and risk management consulting firm.

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Risk Strategies, a US-based specialty insurance brokerage and risk management firm, has acquired Advisor Brokerage Services (ABS), an insurance brokerage and risk management consulting firm.

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Atlas adds senior account manager

Atlas Insurance Management has appointed Kirsty Swink as senior account manager in the firm's US client servicing team. The captive management firm assists in the formation and management of captive insurance companies and alternative risk solutions in major US and offshore domiciles.

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Atlas Insurance Management has appointed Kirsty Swink as senior account manager in the firm's US client servicing team. The captive management firm assists in the formation and management of captive insurance companies and alternative risk solutions in major US and offshore domiciles.

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Risk Strategies buys broker focused on asset management

Risk Strategies Co. said Thursday that it has acquired Advisor Brokerage Services LLC of Austin, Texas. Terms of the deal were not announced.

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Solutions for Financing and Reimbursement of Gene Therapies

For quite some time now, Genetic Engineering has been promising to reshape the Health Care landscape and to help humanity overcome diseases and avoid health problems by providing us with the tools to manipulate two pillars of the evolution: random mutation and natural selection.

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Matthew Friedson Joins Risk Strategies as Managing Director, National Life Insurance Practice Leader

Risk Strategies, a leading national specialty insurance brokerage and risk management firm, today announced Matthew Friedson has joined as Managing Director, National Life Insurance Practice Leader. In this role, Friedson will be accountable for developing and leading the national growth strategy for the Life Insurance practice. He will focus on ensuring Risk Strategies' teams continue to deliver the most unique, creative strategies and solutions based on each client's unique circumstances and address all aspects of insurance and risk management needs that protect their financial futures.

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Risk Strategies, a leading national specialty insurance brokerage and risk management firm, today announced Matthew Friedson has joined as Managing Director, National Life Insurance Practice Leader. In this role, Friedson will be accountable for developing and leading the national growth strategy for the Life Insurance practice. He will focus on ensuring Risk Strategies' teams continue to deliver the most unique, creative strategies and solutions based on each client's unique circumstances and address all aspects of insurance and risk management needs that protect their financial futures.

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Risk Strategies grows private client services practice with two hires

Risk Strategies has hired Tim deRosa and Eric Massi for its private client services practice.

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Risk Strategies has hired Tim deRosa and Eric Massi for its private client services practice.

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People Moves: Risk Strategies Adds deRosa, Massi; Frederick Mutual Promotes Price, White; MEMIC HIres 3 Underwriters

Boston-based specialty insurance brokerage Risk Strategies announced two hires in its Private Client Services practice. Tim deRosa has joined as chief operating officer, Private Client Services, and Eric Massi as senior vice president, West region leader, Private Client Services.

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Boston-based specialty insurance brokerage Risk Strategies announced two hires in its Private Client Services practice. Tim deRosa has joined as chief operating officer, Private Client Services, and Eric Massi as senior vice president, West region leader, Private Client Services.

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Employer vaccine mandates require consideration and documentation

More than two years into the pandemic, COVID-19 is still impacting the way businesses operate and the evolution of procedures and policies. Even as pandemic-related restrictions and mask mandates begin to lift across the country, companies remain split on how to approach vaccine mandates for employees.

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Submission Quality in Real Estate Portfolios: The Good, the Bad and the Ugly

The insurance industry has faced the most significant digital revolution in the recent decade, completely changing how real estate portfolios are underwritten, bought and sold. In a hardening market, with narrowing carrier appetites, this puts pressure on real estate transactions to be adaptive, competitive and meaningful with terms and conditions provided.

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The insurance industry has faced the most significant digital revolution in the recent decade, completely changing how real estate portfolios are underwritten, bought and sold. In a hardening market, with narrowing carrier appetites, this puts pressure on real estate transactions to be adaptive, competitive and meaningful with terms and conditions provided.

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Advice for Casualty Insurance Brokers: ‘Get Out of the Pajamas’

Asked for the latest thoughts on the role of the broker in managing client expectations against the headwinds of a difficult casualty insurance market, one panelist during Advisen's Casualty Insights Conference said the "art of the broke needs to come back."

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Asked for the latest thoughts on the role of the broker in managing client expectations against the headwinds of a difficult casualty insurance market, one panelist during Advisen's Casualty Insights Conference said the "art of the broke needs to come back."

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John Mina Reflects On Risk Strategies’ Rise From Boston Agency To National Broker

While many of our readers will know Risk Strategies based upon its national reputation as a top 10 privately held insurance broker, many may be surprised to learn that this national broker first it got its start as a Boston-based agency. With the company celebrating its 25th anniversary this year, as well as publishing an insightful State of the Market Outlook Report for 2022, Agency Checklists thought it might be the perfect time to learn more about this major agency in Massachusetts.

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While many of our readers will know Risk Strategies based upon its national reputation as a top 10 privately held insurance broker, many may be surprised to learn that this national broker first it got its start as a Boston-based agency. With the company celebrating its 25th anniversary this year, as well as publishing an insightful State of the Market Outlook Report for 2022, Agency Checklists thought it might be the perfect time to learn more about this major agency in Massachusetts.

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Increasing Cyberattacks Driving Up Cyber Insurance Rates

It is imperative that healthcare companies carry cyber insurance; after all, protecting patients' medical records is of the utmost importance. Unfortunately, as the threat of cyberattacks, including malware and ransomware increases, so do the rates for this essential coverage.

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It is imperative that healthcare companies carry cyber insurance; after all, protecting patients' medical records is of the utmost importance. Unfortunately, as the threat of cyberattacks, including malware and ransomware increases, so do the rates for this essential coverage.

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Supply chain delays hindering the safe movement of art worldwide

The war in Ukraine and economic sanctions on Russia, the skyrocketing oil and gas prices worldwide, and the already staggering supply chain delays (triggered during the COVID-19 pandemic, but exacerbated by the conflict in Ukraine), are all hindering art from moving freely and quickly across the globe. This is causing challenges for art dealers, collectors, auction houses, and museums – all of whom rely on very controlled and risk managed methods of transportation for high-value artwork.

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The war in Ukraine and economic sanctions on Russia, the skyrocketing oil and gas prices worldwide, and the already staggering supply chain delays (triggered during the COVID-19 pandemic, but exacerbated by the conflict in Ukraine), are all hindering art from moving freely and quickly across the globe. This is causing challenges for art dealers, collectors, auction houses, and museums – all of whom rely on very controlled and risk managed methods of transportation for high-value artwork.

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This ‘forever chemical’ could be a game changer for environmental liability

Environmental officials announced in January 2022 that more than half a million residents of New Jersey had been exposed to dangerous PFAS chemicals through dozens of community water systems.

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Environmental officials announced in January 2022 that more than half a million residents of New Jersey had been exposed to dangerous PFAS chemicals through dozens of community water systems.

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Real estate and cyber liability

The past 24 months have been unprecedented with respect to society, work environments and political dictates. Entire companies pivoted to remote work environments in a matter of days. The consequential strain on the IT infrastructure was also unprecedented. One consequence of this new paradigm is system vulnerabilities were exposed. Every day a new company is added to the list of systems affected by a massive data breach. Hackers responsible for these types of security breaches can hold a company ransom or worse destroy their reputational credit. Real estate owners, developers, and asset managers are in…

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The past 24 months have been unprecedented with respect to society, work environments and political dictates. Entire companies pivoted to remote work environments in a matter of days. The consequential strain on the IT infrastructure was also unprecedented. One consequence of this new paradigm is system vulnerabilities were exposed. Every day a new company is added to the list of systems affected by a massive data breach. Hackers responsible for these types of security breaches can hold a company ransom or worse destroy their reputational credit. Real estate owners, developers, and asset managers are in…

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6 People on the Move

Risk Strategies hired Kimberly Fletcher to serve as senior director of benefits and retirement. In this role, Fletcher will lead the company's health and welfare strategy, retirement plan management and wellness engagement for the employee base.

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Risk Strategies hired Kimberly Fletcher to serve as senior director of benefits and retirement. In this role, Fletcher will lead the company's health and welfare strategy, retirement plan management and wellness engagement for the employee base.

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Sport bans add another potential source of Russia-related insurance claims

Insurance companies could face some cancellation claims in light of the sporting world's response to Russia's invasion of Ukraine, but they will be far more limited than what the industry experienced from events canceled or postponed by COVID-19.

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Insurance companies could face some cancellation claims in light of the sporting world's response to Russia's invasion of Ukraine, but they will be far more limited than what the industry experienced from events canceled or postponed by COVID-19.

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BBJ releases this year’s list of Fast 50 honorees

The Boston Business Journal has released its exclusive list of 2022 Fast 50 honorees, representing the 50 fastest-growing private companies in Massachusetts.

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The Boston Business Journal has released its exclusive list of 2022 Fast 50 honorees, representing the 50 fastest-growing private companies in Massachusetts.

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Latest acquisition boosts Risk Strategies’ analytics capabilities

Boston-headquartered specialty broker and alternative risk program provider Risk Strategies has acquired Cambridge Advisory Group. The Pennsylvania-based business is a pharmacy, actuarial and benefits consulting firm. The deal also includes its associated entity, Health and Productivity Consulting Inc.

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Boston-headquartered specialty broker and alternative risk program provider Risk Strategies has acquired Cambridge Advisory Group. The Pennsylvania-based business is a pharmacy, actuarial and benefits consulting firm. The deal also includes its associated entity, Health and Productivity Consulting Inc.

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Risk Strategies makes strategic acquisition

National specialty brokerage Risk Strategies continues its long-term acquisition streak with Cambridge Advisory Group, a pharmacy, actuarial and benefits consulting firm based in Pennsylvania. The terms of the deal were not disclosed.

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National specialty brokerage Risk Strategies continues its long-term acquisition streak with Cambridge Advisory Group, a pharmacy, actuarial and benefits consulting firm based in Pennsylvania. The terms of the deal were not disclosed.

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Ukraine crisis: potential for systemic cyber attack raises ‘great concern’

Conflict in Eastern Europe ratchets up cyber landscape volatility, as insurance expert warns cyber warfare will be indiscriminate.

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Conflict in Eastern Europe ratchets up cyber landscape volatility, as insurance expert warns cyber warfare will be indiscriminate.

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MPL rates to rise double-digits amid lackluster capacity and Covid uncertainty

As some insurers leave the market, new ones are entering, sources added. Coupled with potential new capacity and pricing adequacy on the horizon, the tumultuous medmal space may see stability in the medium term, the sources said.

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As some insurers leave the market, new ones are entering, sources added. Coupled with potential new capacity and pricing adequacy on the horizon, the tumultuous medmal space may see stability in the medium term, the sources said.

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Risk Strategies CEO: ‘We don’t have a plan to stop’

When the coronavirus pandemic started in early 2020, the business insurance company stepped up the acquisition pace despite the lockdowns and travel restrictions, buying 18 additional firms in 2020. Last year, it acquired 32 firms — a record for the firm.

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When the coronavirus pandemic started in early 2020, the business insurance company stepped up the acquisition pace despite the lockdowns and travel restrictions, buying 18 additional firms in 2020. Last year, it acquired 32 firms — a record for the firm.

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News + Notes: Concentra Ventures Investments, Risk Strategies Acquires Gehring Group and More

Specialty insurance brokerage and risk management firm Risk Strategies has acquired employee benefits and risk services consulting firm Gehring Group, Inc.

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Specialty insurance brokerage and risk management firm Risk Strategies has acquired employee benefits and risk services consulting firm Gehring Group, Inc.

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Will turbulence continue for the aviation sector in 2022?

The aviation industry has overcome numerous setbacks in recent years, such as 9/11, SARS and the 2008 financial crisis.

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The aviation industry has overcome numerous setbacks in recent years, such as 9/11, SARS and the 2008 financial crisis.

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Captive numbers increase as rates rise

The captive insurance sector saw increased formations and expansion of existing captives last year as companies continued to seek alternatives to the hardening commercial insurance market.

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The captive insurance sector saw increased formations and expansion of existing captives last year as companies continued to seek alternatives to the hardening commercial insurance market.

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Medical Directorships Come With Responsibilities, Risks

While it may seem that becoming the medical director of a facility is an easy way for a physician to earn extra income, the position comes with myriad responsibilities, including ones of which doctors may not be aware.

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While it may seem that becoming the medical director of a facility is an easy way for a physician to earn extra income, the position comes with myriad responsibilities, including ones of which doctors may not be aware.

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Here’s the Best Strategy to Manage Claims. Hint: It’s a Little Bit Traditional and a Whole Lot of New

Claims handling is where the promise of insurance coverage becomes a reality, and while companies may have unique ideas about some best practices, there is broader agreement about others, like the importance of communication.

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NFTs Present New Challenges for Insurers

AM Best Audio recently spoke with Mary Pontillo, national fine art practice leader at Risk Strategies, and Rob Rosenzweig, national cyberrisk practice leader at Risk Strategies, about how the non-interchangeable unit of data, which is stored on a blockchain, is insured. Following is an edited transcript of the interview.

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AM Best Audio recently spoke with Mary Pontillo, national fine art practice leader at Risk Strategies, and Rob Rosenzweig, national cyberrisk practice leader at Risk Strategies, about how the non-interchangeable unit of data, which is stored on a blockchain, is insured. Following is an edited transcript of the interview.

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Is Ransomware Protection Even Plausible? Here’s What the Experts Say

Companies spent $590 million on ransomware payments in the first six months of 2021 — a number that has already exceeded the $416 million paid in all of 2020, per Gallagher's "2022 Cyber Insurance Market Conditions Report."

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Companies spent $590 million on ransomware payments in the first six months of 2021 — a number that has already exceeded the $416 million paid in all of 2020, per Gallagher's "2022 Cyber Insurance Market Conditions Report."

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M&A weekly roundup: Risk Strategies, Argo Brazil, Inszone

Boston-based brokerage Risk Strategies acquired the operations and assets of Joyce Insurance Group, a public works-focused firm headquartered in Pittston, Pennsylvania.

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Boston-based brokerage Risk Strategies acquired the operations and assets of Joyce Insurance Group, a public works-focused firm headquartered in Pittston, Pennsylvania.

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Environmental Coverage Is Becoming a Bigger Player in M&A Deals. Here’s Why It’s Becoming a Necessity

"That box gets checked early in the conversation," said Joe Quarantello, head of the national environmental liability practice at Risk Strategies.

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Risk Strategies sponsors LPGA player

Specialty insurance brokerage Risk Strategies has announced that it has entered into a sponsorship of LPGA professional golfer Brittany Altomare.

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Specialty insurance brokerage Risk Strategies has announced that it has entered into a sponsorship of LPGA professional golfer Brittany Altomare.

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Risk Strategies adds Pennsylvania brokers to its group

Risk Strategies has acquired the retail brokerage operations and assets of Pittston, Pennsylvania, headquartered Joyce Insurance Group. The sale includes Joyce Jackman Bell and Joyce Haggerty Bell.

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Risk Strategies has acquired the retail brokerage operations and assets of Pittston, Pennsylvania, headquartered Joyce Insurance Group. The sale includes Joyce Jackman Bell and Joyce Haggerty Bell.

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Risk Strategies acquires public works specialist Joyce Insurance Group

Risk Strategies has made its third acquisition announcement of 2022 with the fast-growing broker agreeing a deal for Pittston, Pennsylvania-based Joyce Insurance Group.

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Risk Strategies has made its third acquisition announcement of 2022 with the fast-growing broker agreeing a deal for Pittston, Pennsylvania-based Joyce Insurance Group.

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Risk Strategies takes over retail broker Joyce Insurance Group

Continuing its acquisition streak, Risk Strategies has bought the retail brokerage operations and assets of Pittston, Pennsylvania-based Joyce Insurance Group.

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Continuing its acquisition streak, Risk Strategies has bought the retail brokerage operations and assets of Pittston, Pennsylvania-based Joyce Insurance Group.

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Risk Strategies Acquires Joyce Insurance in Pennsylvania

Specialty insurance brokerage Risk Strategies has acquired the retail brokerage operations and assets of Joyce Insurance Group and associated businesses in Pittston, Pennsylvania.

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Specialty insurance brokerage Risk Strategies has acquired the retail brokerage operations and assets of Joyce Insurance Group and associated businesses in Pittston, Pennsylvania.

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Risk Strategies acquires Pennsylvania retail broker

Risk Strategies Co., the trade name for RSC Insurance Brokerage Inc., said Wednesday it has acquired retail broker Joyce Insurance Group. Terms of the deal were not disclosed.

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Risk Strategies Co., the trade name for RSC Insurance Brokerage Inc., said Wednesday it has acquired retail broker Joyce Insurance Group. Terms of the deal were not disclosed.

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Growing NFT Marketplace Creates Exposures, Opportunities for Insurers

Non-fungible tokens, non-interchangeable units of data stored on a blockchain, have captured the attention of art purchasers and technologists. Mary Pontillo, national fine art practice leader at Risk Strategies, and Rob Rosenzweig, the national cyberrisk practice leader at Risk Strategies, spoke about NFTs and how insurers are approaching the challenges involved in the trend.

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Non-fungible tokens, non-interchangeable units of data stored on a blockchain, have captured the attention of art purchasers and technologists. Mary Pontillo, national fine art practice leader at Risk Strategies, and Rob Rosenzweig, the national cyberrisk practice leader at Risk Strategies, spoke about NFTs and how insurers are approaching the challenges involved in the trend.

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Risk Strategies buys Florida public sector specialist The Gehring Group

Risk Strategies has continued its acquisitive start to 2022 with a deal to buy Florida-based employee benefits and risk services consulting firm The Gehring Group.

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The value of the broker

Mike Vitulli of Risk Strategies discusses the role of the broker when captives are part of a client's insurance programme

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Mike Vitulli of Risk Strategies discusses the role of the broker when captives are part of a client's insurance programme

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Risk Strategies acquires Gehring Group

Risk Strategies has acquired employee benefits and risk services consulting firm The Gehring Group.

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Risk Strategies Buys Gehring Group in Florida

Risk Strategies, a national brokerage and risk management firm, announced it has acquired the Gehring Group, an employee benefits and risk consulting firm.

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Risk Strategies, a national brokerage and risk management firm, announced it has acquired the Gehring Group, an employee benefits and risk consulting firm.

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Risk Strategies swoops for employee benefits specialist

Specialty insurance brokerage and risk management firm Risk Strategies has announced that it has acquired The Gehring Group, a Florida-based employee benefits and risk services consulting firm. The terms of the transaction were not disclosed.

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Risk Strategies adds Florida EB consultant to its business

Specialty brokerage and risk management firm Risk Strategies has acquired employee benefits and risk services consultant The Gehring Group.

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Will cyber reach a rate ceiling in 2022? Maybe, but tough underwriting won’t let up

After nearly a year of cyber insurance market changes, rates could begin to reach a level reflective of the risk sometime in 2022, but more stringent underwriting isn't going anywhere, according to recent broker reports.

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Reasons to be ‘hopeful’ even as rates keep rising: Risk Strategies

Property/casualty insurance rates will keep rising in 2022, but there is room for optimism as rate increases continue easing and new capacity comes into the market, according to an outlook from Risk Strategies.

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Risk Strategies: Captive growth to continue as clients manage rising commercial coverage costs

Growth in the US captive industry will continue to accelerate as the self-insurance vehicles become increasingly popular for middle market businesses looking to manage the heightened cost of cover from commercial carriers, Risk Strategies has predicted.

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Growth in the US captive industry will continue to accelerate as the self-insurance vehicles become increasingly popular for middle market businesses looking to manage the heightened cost of cover from commercial carriers, Risk Strategies has predicted.

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A Highly Recommended Free Report On The Insurance Market For 2022

Agency Checklists received this week, "The State of the Market Report," just issued by Risk Strategies. This online 55-page report focuses on the 2022 state of the insurance markets for ten industries and nine product areas. The report provides information about the developing issues facing these industries and the product lines covered in the report.

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Agency Checklists received this week, "The State of the Market Report," just issued by Risk Strategies. This online 55-page report focuses on the 2022 state of the insurance markets for ten industries and nine product areas. The report provides information about the developing issues facing these industries and the product lines covered in the report.

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Risk Strategies: “Hard” transportation market sees umbrella rates rising 100% in 2022

The transportation industry is staring at yet further increases in the cost of its coverage this year, with umbrella rates rising by as much as 100 percent in 2022, US broker Risk Strategies has predicted.

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The transportation industry is staring at yet further increases in the cost of its coverage this year, with umbrella rates rising by as much as 100 percent in 2022, US broker Risk Strategies has predicted.

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Vaccine Mandate Update: How the Latest Legal Rulings Could Influence EPLI Coverage

Employers who were preparing to implement vaccine or test requirements might be wondering what they should do to protect their workforce and shield themselves from EPL risk.

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Insurance rates expected to rise again this year

Commercial insurance rates are expected to increase across most lines of coverage this year, with many sectors likely still experiencing double-digit hikes, according to a report issued Thursday by Risk Strategies Co.

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Commercial insurance rates are expected to increase across most lines of coverage this year, with many sectors likely still experiencing double-digit hikes, according to a report issued Thursday by Risk Strategies Co.

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How To Get the Most Savings Out of Your Health Insurance

The only thing worse than medical stress is money stress — and at the start of each new year, you get to endure both at the same time during the annual ritual of enrolling for health insurance. No one likes to do it, but few things are more consequential to your physical and financial health.

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The only thing worse than medical stress is money stress — and at the start of each new year, you get to endure both at the same time during the annual ritual of enrolling for health insurance. No one likes to do it, but few things are more consequential to your physical and financial health.

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Assets, License Best Protected Through Professional Liability Insurance

As premiums continue to increase for professional liability coverage, a number of physicians are choosing to self-insure, or "go bare." And while Florida law does not require physicians to have professional liability insurance, the risks far outweigh the rewards.

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As premiums continue to increase for professional liability coverage, a number of physicians are choosing to self-insure, or "go bare." And while Florida law does not require physicians to have professional liability insurance, the risks far outweigh the rewards.

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11 Questions for Risk Strategies’ CEO John Mina

In October, Risk & Insurance Editor-in-Chief Dan Reynolds met with John Mina, the CEO of Risk Strategies and a veteran of multiple brokerage companies. The goal of the discussion was to learn more about Mina's vision for the direction of the company, and what he values in his workforce. What follows is a version of that conversation, which was edited for brevity and clarity.

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In October, Risk & Insurance Editor-in-Chief Dan Reynolds met with John Mina, the CEO of Risk Strategies and a veteran of multiple brokerage companies. The goal of the discussion was to learn more about Mina's vision for the direction of the company, and what he values in his workforce. What follows is a version of that conversation, which was edited for brevity and clarity.

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The future of risk: The cost of risk in a changing market - by Mark Manzi

The past year was defined by an unprecedented number of varied natural catastrophes, political and social unrest, COVID-19 variant concerns, supply chain crisis and surging ransomware attacks. As we enter 2022 and look to the future, the cost of risk in our dynamic environment will be determined by how insurance carriers underwrite these risks and how businesses evolve and manage their risks.

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Disability as Relief for COVID Long-Haulers

Employers need to decide what their philosophy is for taking care of the people who are working for them. When they look at what is impacting their employees' lives, peoples' ability to draw income is one of the things that is first and foremost.

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Risk Strategies buys New Mexico broker

Las Cruces, New Mexico-based Burke specializes in the surety bond, construction, and oil and gas sectors in New Mexico and West Texas, Risk Strategies said in a statement.

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Las Cruces, New Mexico-based Burke specializes in the surety bond, construction, and oil and gas sectors in New Mexico and West Texas, Risk Strategies said in a statement.

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Social Inflation Influencing Lawsuits, Verdict Amounts

As the legal saying goes, there are three sides to every story: the plaintiff's side, the defense's side, and the truth, which is somewhere in the middle. And while courts and juries used to be able to come to a conclusion based on the facts, in these days of social inflation, perception is often just as important as reality.

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Lack of nonfungible token insurance coverage ‘inexcusable’ as market expands

Nonfungible tokens have grown in popularity in 2021, generating millions in sales, but there is very little insurance for this burgeoning market.

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People Moves: Promotions at Zurich North America, Cross Insurance; Risk Strategies Hires Bryant

Risk Strategies, a national specialty insurance brokerage and risk management firm, hired Steve Bryant as managing director and higher education risk management leader.

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Vaccine mandates may fuel rise in employment practices claims

Ongoing uncertainty over COVID-19 vaccine mandates may trigger an increase in discrimination and retaliation claims against employers next year, according to employment practices liability insurance experts.

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Ongoing uncertainty over COVID-19 vaccine mandates may trigger an increase in discrimination and retaliation claims against employers next year, according to employment practices liability insurance experts.

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Risk Strategies appoints higher education expert

US specialty insurance brokerage and alternative risk program provider Risk Strategies has appointed Steve Bryant has joined as managing director and lead of its risk management practice for higher education.

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Risk Strategies bolsters higher education risk management team

Risk Strategies has appointed Steve Bryant as managing director, higher education risk management leader.

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People Moves: New Hires at Alliant, TMPAA, Risk Strategies

Risk Strategies, a national specialty insurance brokerage and risk management firm, hired Steve Bryant as managing director and higher education risk management leader.

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Business Moves

Risk Strategies, a national specialty insurance brokerage and risk management firm, acquired insurance and employee benefits agency Meeker Sharkey & Hurley.

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Special Report: The Charity Issue

Through the Risk Strategies Foundation, the company provides financial support for programs, organizations and families in the communities where it does business, and employees are encouraged to actively participate in charitable activities in their local communities with paid time off for community service.

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Around the P&C insurance industry: December 15, 2021

Risk Strategies acquired full-service insurance and employee benefits agency Meeker Sharkey & Hurley. Terms of the deal were not announced.

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Risk & Insurance News + Notes: Swiss Re Estimates Global Insured Catastrophe Losses to Reach $112 Billion in 2021

In 2021, insured losses from natural disasters exceeded the previous 10-year average, continuing a trend of annual rises in losses seen in recent decades.

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In 2021, insured losses from natural disasters exceeded the previous 10-year average, continuing a trend of annual rises in losses seen in recent decades.

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Risk Strategies acquires Fournier Group

Specialty insurance brokerage and risk management firm, Risk Strategies, has acquired Fournier Group, a full-service commercial and personal lines retail insurance agency.

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Rising Star Rebecca LaFazia Shares Her Advice for Young Industry Professionals Just Beginning Their Careers

Come see the Stars! As part of our ongoing coverage of the best brokers in the commercial insurance space, Risk & Insurance®, with the sponsorship of Philadelphia Insurance, is expanding its coverage of the Rising Stars, those brokers who represent the next wave of insurance brokering talent. We sat down with Rebecca LaFazia, assistant vice president at Risk Strategies, and a 2021 At Large Power Broker and Rising Star.

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Come see the Stars! As part of our ongoing coverage of the best brokers in the commercial insurance space, Risk & Insurance®, with the sponsorship of Philadelphia Insurance, is expanding its coverage of the Rising Stars, those brokers who represent the next wave of insurance brokering talent. We sat down with Rebecca LaFazia, assistant vice president at Risk Strategies, and a 2021 At Large Power Broker and Rising Star.

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Risk Strategies Acquires New Jersey’s Meeker Sharkey & Hurley

Risk Strategies, a national specialty insurance brokerage and risk management firm, acquired full-service insurance and employee benefits agency Meeker Sharkey & Hurley. Terms of the deal were not announced.

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Risk Strategies snaps up another New Jersey brokerage

Specialty insurance brokerage Risk Strategies has announced the acquisition of full-service insurance and employee benefits agency Meeker Sharkey & Hurley. Terms of the transaction were not disclosed.

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7 People on the Move

Risk Strategies recently announced the appointment of Terry Lyons to national education practice leader. In this role, Lyons will develop and lead the overall national growth and client service strategy for the organization's education industry practice.

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Risk Strategies acquires KRA Insurance Agency

Acquisitive specialty brokerage Risk Strategies bought full-service brokerage firm KRA Insurance Agency for an undisclosed sum.

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The Return of the Carpetbaggers

One of the latest trends in the Florida malpractice insurance market is companies from out of state moving in to write policies for local physicians. What they don't understand, according to Matt Gracey, managing director, Risk Strategies, Danna-Gracey, is that it's not as easy as it looks.

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One of the latest trends in the Florida malpractice insurance market is companies from out of state moving in to write policies for local physicians. What they don't understand, according to Matt Gracey, managing director, Risk Strategies, Danna-Gracey, is that it's not as easy as it looks.

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RSC names national education practice leader

RSC Insurance Brokerage Inc., which does business as Risk Strategies Co., said Wednesday that Terry Lyons has been appointed national education practice leader.

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Risk Strategies acquires full-service brokerage firm in US

US insurance brokerage and risk management firm Risk Strategies has acquired a full-service brokerage firm in New Jersey.

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Risk Strategies Appoints Terry Lyons National Education Practice Leader

Risk Strategies, a leading national specialty insurance brokerage and risk management firm, announced that Terry Lyons has been appointed as the National Education Practice Leader. In this role, Lyons will develop and lead the overall national growth and client service strategy for the education industry practice.

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Risk Strategies acquires KRA Insurance Agency

Specialty insurance brokerage Risk Strategies has acquired full-service brokerage firm KRA Insurance Agency.

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Risk Strategies swoops for New Jersey firm

National specialty insurance brokerage Risk Strategies has announced that it has acquired KRA Insurance Agency, a full-service brokerage firm. KRA's wholly owned subsidiary, KRA Life Agency, was included in the deal. Terms of the transaction were not disclosed.

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Risk Strategies makes another N.J. buy

Boston-based brokerage Risk Strategies Co. on Tuesday said it has acquired broker KRA Insurance Agency Inc., including KRA's wholly-owned subsidiary, KRA Life Agency Inc.

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Risk Strategies Acquires New Jersey’s KRA Insurance Agency

Risk Strategies, a national specialty insurance brokerage and risk management firm, has acquired full-service brokerage firm KRA Insurance Agency Inc. Included in the transaction is KRA's wholly owned subsidiary, KRA Life Agency Inc. Terms of the deal were not announced.

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The Rough Notes: FROM COO TO CFO … MID-PANDEMIC

The term "human dynamo" has been overused to the point that it's become a cliché … but it truly applies to Sharon Edwards, chief financial officer of Risk Strategies Company, which she joined in December 2019.

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People Moves: New Hires at Risk Strategies, NFP, Ames & Gough

Risk Strategies, a national specialty insurance brokerage and risk management firm, hired Alison Murphy as national practice leader of private client services.

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Risk & Insurance: 11 Questions for Risk Strategies’ CEO John Mina

In October, Risk & Insurance Editor-in-Chief Dan Reynolds met with John Mina, the CEO of Risk Strategies and a veteran of multiple brokerage companies. The goal of the discussion was to learn more about Mina's vision for the direction of the company, and what he values in his workforce. What follows is a version of that conversation, which was edited for brevity and clarity.

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Risk Strategies buys workers’ comp specialist TriPoint

Risk Strategies has acquired TriPoint Insurance, a Connecticut-based workers' compensation agency that provides performance-based insurance solutions to middle market companies in the construction, manufacturing, wholesale and skilled nursing verticals.

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Risk Strategies has acquired TriPoint Insurance, a Connecticut-based workers' compensation agency that provides performance-based insurance solutions to middle market companies in the construction, manufacturing, wholesale and skilled nursing verticals.

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Risk Strategies snaps up workers’ comp specialist

Specialty insurance brokerage and risk management firm Risk Strategies has announced the acquisition of workers' compensation specialist TriPoint Insurance, a national firm providing performance-based insurance (PBI) products to middle-market companies in the construction, manufacturing, wholesale and skilled nursing sectors. Terms of the transaction were not disclosed.

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Specialty insurance brokerage and risk management firm Risk Strategies has announced the acquisition of workers' compensation specialist TriPoint Insurance, a national firm providing performance-based insurance (PBI) products to middle-market companies in the construction, manufacturing, wholesale and skilled nursing sectors. Terms of the transaction were not disclosed.

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Risk Strategies Acquires Connecticut’s TriPoint Insurance

Risk Strategies, a national specialty insurance brokerage and risk management firm, acquired TriPoint Insurance Inc., a national specialist providing Performance Based Insurance (PBI) solutions to middle market companies in the construction, manufacturing, wholesale and skilled nursing verticals.

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Risk Strategies, a national specialty insurance brokerage and risk management firm, acquired TriPoint Insurance Inc., a national specialist providing Performance Based Insurance (PBI) solutions to middle market companies in the construction, manufacturing, wholesale and skilled nursing verticals.

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Risk Strategies acquire TriPoint

Insurance Brokerage Risk Strategies has announced its acquisition of TriPoint Insurance, Inc.

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Insurance Brokerage Risk Strategies has announced its acquisition of TriPoint Insurance, Inc.

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How Risk Strategies’ Rebecca LaFazia Built a Rewarding Career in Entertainment Insurance

Risk Strategies' Rebecca LaFazia combined a longtime passion with a career in the insurance space, and there is never a lack of excitement.

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Risk Strategies' Rebecca LaFazia combined a longtime passion with a career in the insurance space, and there is never a lack of excitement.

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Risk Strategies hires Murphy to lead Private Client Services business

Risk Strategies has added former PURE and AIG executive Alison Murphy as national practice leader for its Private Client Services business as it further builds out its capabilities in the high net worth (HNW) personal lines space.

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Risk Strategies has added former PURE and AIG executive Alison Murphy as national practice leader for its Private Client Services business as it further builds out its capabilities in the high net worth (HNW) personal lines space.

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Risk Strategies taps ex-AIG to grow high net worth practice

US insurance brokerage and risk management firm Risk Strategies has hired a practice leader to develop its national growth strategy for private client services, focussing on the high-net-worth segment.

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US insurance brokerage and risk management firm Risk Strategies has hired a practice leader to develop its national growth strategy for private client services, focussing on the high-net-worth segment.

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Risk Strategies Acquires Better Business Planning, Inc., Expanding National Employee Benefits Practice

Specialty insurance brokerage and risk management firm, Risk Strategies, has acquired Better Business Planning, Inc., an insurance agency specializing in employee benefits solutions.

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Specialty insurance brokerage and risk management firm, Risk Strategies, has acquired Better Business Planning, Inc., an insurance agency specializing in employee benefits solutions.

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