Oberle Risk Strategies

Background

Oberle Risk Strategies, founded in 2019 and headquartered in St. Louis, Missouri, is an independent insurance brokerage dedicated to delivering customized insurance solutions and exceptional client service. The firm specializes in commercial property and casualty insurance, employee benefits, and personalized insurance plans for individuals. Serving a diverse national clientele, Oberle Risk Strategies emphasizes building meaningful relationships and providing tailored risk management strategies.

Key Strategic Focus

The company's strategic focus centers on offering specialized insurance solutions across various industries, including private equity, search funds, healthcare, religious institutions, and non-profits. By leveraging advanced technology and deep industry knowledge, Oberle Risk Strategies aims to simplify the insurance process and provide clients with comprehensive coverage options. The firm maintains partnerships with reputable carriers such as Hartford Fire & Casualty Group, Chubb, and Travelers to secure optimal coverage for clients.

Financials and Funding

As a privately held company, Oberle Risk Strategies does not publicly disclose detailed financial information. However, reports indicate that the firm's annual revenue ranges between $1 million and $5 million, with a team comprising 11 to 50 employees.

Technological Platform and Innovation

Oberle Risk Strategies employs advanced market data technology to enhance the insurance quoting experience, ensuring clients receive accurate and competitive quotes efficiently. This technological approach streamlines the insurance process, allowing the firm to deliver tailored solutions that meet the specific needs of their diverse clientele.

Leadership Team

August Felker: Founder and Chief Executive Officer. August has a career dedicated to building innovative companies within the insurance industry.

Rachele Adelman: Director of Operations. Rachele joined Oberle Risk Strategies in April 2022, bringing experience from roles such as Training Coordinator and TMS Technician at Greenbrook TMS NeuroHealth Centers.

Mathew Myers: Private Client Division Manager and Agency Operations. Mathew oversees the private client division, focusing on delivering personalized insurance solutions.

Steven Pope: Commercial Lines Team Leader. Steven leads the commercial lines team, ensuring clients receive comprehensive risk management services.

Leadership Changes

Recent leadership changes include the promotion of Rachele Adelman to Director of Operations in April 2022. Additionally, the firm has announced promotions such as Abby D. to Transaction Advisor and Amanda Tumminia to Client Executive, reflecting the company's commitment to internal growth and development.

Competitor Profile

Market Insights and Dynamics: The insurance brokerage industry is highly competitive, with numerous firms offering a range of services to businesses and individuals. The market is characterized by a focus on personalized service, technological integration, and comprehensive risk management solutions.

Competitor Analysis:

Marshfield Insurance: A competitor with approximately 17 employees and $2 million in revenue, offering similar insurance brokerage services.

Primewest Insurance Group: Another competitor with around 11 employees and $1.5 million in revenue, providing comparable insurance solutions.

Strategic Collaborations and Partnerships

Oberle Risk Strategies maintains strategic partnerships with leading insurance carriers, including Hartford Fire & Casualty Group, Chubb, and Travelers. These collaborations enable the firm to offer a diverse range of coverage options tailored to clients' specific needs.

Operational Insights

The firm's commitment to leveraging advanced technology and maintaining strong relationships with reputable carriers positions it competitively within the insurance brokerage industry. By focusing on personalized service and tailored solutions, Oberle Risk Strategies differentiates itself from larger, less agile competitors.

Strategic Opportunities and Future Directions

Oberle Risk Strategies is poised for growth by continuing to expand its client base across various industries and enhancing its technological capabilities. The firm's emphasis on internal talent development and leadership promotions indicates a strategic focus on building a robust team to support future expansion.