Risk Strategies Company Acquires Dubraski & Associates, Strengthens National Healthcare Practice
National Insurance and Risk Management Broker Continues Strategic Expansion
BOSTON, June 03, 2015 -- Risk Strategies, a leading national specialty insurance brokerage and risk management and consulting firm, today announced it has acquired Dubraski & Associates Insurance Services, a national brokerage and consulting firm that provides risk and insurance solutions to the healthcare industry. Ranked in the top 25 brokers nationally with nearly $120 million in revenues, Risk Strategies will now have 500 employees and place well over $1 billon in premiums on behalf of its clients. The addition of Dubraski & Associates represents a huge step forward in Risk Strategies' strategic initiative to become the leading healthcare broker in the country.
Dubraski & Associates has been a prominent player in the national healthcare insurance arena for over 10 years. As a healthcare specialty broker, Dubraski & Associates has extensive experience in providing healthcare and managed care organizations with an array of customized insurance and risk financing solutions. Founder and CEO, Robert Dubraski, his partner Riggs Stephenson and their respective teams, will remain with the firm. Bob Dubraski will continue as President/CEO of Dubraski & Associates, lead the combined national healthcare practice and will become a member of Risk Strategies' senior leadership team.
"The combination with Dubraski & Associates raises our national healthcare practice to an entirely different level," said Chief Executive Officer and Risk Strategies Founder, Michael Christian. "Their knowledge and proficiency in managed care stop loss, employee benefits and property/casualty for healthcare organizations are unsurpassed. Dubraski & Associates brings added scale and expertise that will benefit all of our healthcare clients."
Headquartered in Boston, Risk Strategies is a rapidly growing, national insurance brokerage firm with 16 offices nationwide. The company specializes in property & casualty and employee benefits, with several client specialty areas including healthcare, higher education, entertainment, professional liability, financial services, private equity, non profits/social services, real estate, environmental, fine arts, private client personal lines, and construction.
"Our mission is to be the leading insurance brokerage and consulting company specializing in the healthcare industry," said Bob Dubraski, Founder/CEO of Dubraski & Associates. "Our collaborative culture, client focus, and consultative style parallels Risk Strategies' approach. Together, we will provide innovative solutions, offer enhanced services and resources, hire the best professionals and build for the future in healthcare."
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.