Risk Strategies Company acquires Tikia Consulting, expands employee benefits practice expertise
Long-established New Orleans-area firm expands southern footprint, practice depth
BOSTON, December 21, 2017 -- Risk Strategies, a leading national specialty insurance brokerage and risk management and consulting firm, today announced the acquisition of Tikia Consulting, an employee benefits brokerage and consultancy based in Metairie, LA. Terms of the deal remain undisclosed.
Founded in 1995, Tikia Consulting specializes in providing employee benefits insurance brokerage and health plan consulting services to clients in Louisiana and the Southeast, including Texas and Florida.
“Clients facing a changing and uncertain health insurance and employee benefits landscape are best served by people with deep knowledge and experience,” said John Greenbaum, Risk Strategies’ national health and welfare practice leader. “Tikia’s decades-long track record of providing expert consulting services and unparalleled customer support shows the team will be a great addition to our national practice.”
Specializing in employee benefits, including medical, dental, vision, life, disability, worksite and global medical coverage, Tikia’s client base includes both private sector and government organizations. The Tikia team specializes in providing a range of services from strategic planning, financial modeling, data analysis as well as initiatives for wellness and population health management.
“In today’s environment, becoming part of a national organization was an important step for effectively servicing the growing needs of our expanding client base,” said Rina Tikia, president and CEO of Tikia Consulting. “Risk Strategies’ experts-driven model, innovative approach, and reputation for high touch customer service is a perfect fit for our clients.”
Risk Strategies’ health and welfare practice is one of the country’s largest and most capable, with deep knowledge ranging from regulatory compliance and core benefits planning to technology platforms, security guidance, wellness programs and ancillary benefits. Like Risk Strategies’ health and welfare practice, Tikia Consulting Group has extensive experience marketing, negotiating, underwriting, implementing products and funding for clients with insurers, reinsurers, pharmacy benefits managers (PBMs) and third-party administrators (TPAs).
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.