Risk Strategies Company Expands in New York City, Augments Media Business Reach With Acquisition of John Buttine, Inc.
Deal Significantly Bolsters National Brokerage Firm's Focus on Specialty Industry, Entertainment Practice Areas Since 2014 Dewitt Stern Acquisition
BOSTON, May 24, 2016 -- Risk Strategies, a leading national specialty insurance brokerage and risk management and consulting firm, today announced its acquisition of John Buttine, Inc., an insurance brokerage based in New York City with a specialty focus on companies involved in a variety of media-related businesses and services.
While offering insurance placement and risk management services for commercial businesses and high-net-worth individuals, Buttine is distinguished for its unique expertise in working with advertising agencies, magazine publishers, trade and public show organizers and associations where it has built a reputation for creative problem solving and high touch service.
"Specialist industry knowledge is extremely important in managing the unique risks media businesses face," said Jolyon F. Stern, chairman of Dewitt Stern Group. "The people at Buttine have a proven track record in this market space and will expand the universe of media and event-focused businesses that Risk Strategies can help."
Tracing its history to 1946, John Buttine Inc.'s specialization in media-focused businesses is a natural complement to the core business of DeWitt Stern Group, a Risk Strategies Company 2014 acquisition. Also based in New York City, DeWitt Stern Group dates to 1899 and is the leading national brokerage for media, entertainment and fine arts, counting leading film and media companies as well as performance venues and live theater among its extensive client base.
"It's exciting to join an organization with a demonstrated track record of success in building out world class expertise in its practice areas and specialty groups," said Jack M. Buttine, president of John Buttine Inc. "Having access to the resources of a top 25 national brokerage will enable us to do more for our current clients and extend our reach into our focus markets."
Jack Buttine and his team will join Risk Strategies Company and merge into its existing New York City office.
To learn more about Risk Strategies, please visit www.riskstrategies.com
About Risk Strategies
Risk Strategies is the 9th largest privately held US brokerage firm offering comprehensive risk management advice, insurance and reinsurance placement for property & casualty, employee benefits, private client services, as well as consulting services and financial & wealth solutions. With more than 30 specialty practices, Risk Strategies serves commercial companies, nonprofits, public entities, and individuals, and has access to all major insurance markets. Risk Strategies has over 100 offices including Boston, New York City, Chicago, Toronto, Montreal, Grand Cayman, Miami, Atlanta, Dallas, Nashville, Washington DC, Los Angeles, and San Francisco. RiskStrategies.com.