Risk Strategies Company Acquires Insurance Brokerage Firm Singer Nelson Charlmers
Nationally Ranked Insurance Brokerage & Risk Management Firm Completes Second Acquisition at the End of 2013
BOSTON, January 22, 2014 -- Risk Strategies, a leading national specialty insurance brokerage and risk management and consulting firm, today announced that it has acquired Singer Nelson Charlmers, a leader in professional liability, employee benefits, and private client personal lines. Based in Teaneck, N.J., Singer Nelson Charlmers works with many of New York's most prestigious professional services firms -- architects and engineers, lawyers, and others.
Terms of the deal were not disclosed.
As part of the agreement, Singer Nelson Charlmers' CEO David Singer joins Risk Strategies as Managing Director and approximately 35 Singer Nelson Charlmers employees will also join the Risk Strategies team effective immediately. Singer and his team will help to further expand Risk Strategies' business in the Greater New York market, while gaining access to Risk Strategies' national network of resources.
"The synergies between Singer Nelson Charlmers and Risk Strategies are striking and highly complementary, adding significant scale and expertise to our professional liability, employee benefits, and private client practices," said Michael Christian, Chief Executive Officer and Founder, Risk Strategies Company. "David Singer's innovative approach to helping his clients build healthier companies has been quite impactful, and we welcome the opportunity to offer those resources and ideas to our clients."
Through Singer's leadership, Singer Nelson Charlmers has developed several unique tools (Health Plan Optimizer, Total Protection Program, Executive Risk Audit, among others) based on disciplined process, analysis, and advocacy that assist clients in reducing their overall cost of risk.
"Joining the Risk Strategies team makes us part of a true national professional liability practice. I'm also excited that our company can add depth, scale and meaningful resources to Risk Strategies' employee benefits team," said Singer.
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.