Risk Strategies Company Market Research Report

Company Overview

• Name: Risk Strategies

• Mission: To help clients protect those things that matter most to them.

• Founded: 1997

• Founder: Michael Christian

• Key People:

• Michael Christian, Founder & Chairman

• John Mina, Chief Executive Officer

• Sharon Edwards, Chief Financial Officer

• Bob Dubraski, National Healthcare Practice Leader

• John Greenbaum, National Employee Benefits Practice Leader

• Neil Krauter, Sr., National Private Equity Practice Leader

• Natalie Logan, Chief Legal Officer

• Headquarters: Boston, Massachusetts, USA

• Number of Employees: Over 5,000

• Revenue: Exceeds $1 billion

• Known For: Specializing in insurance brokerage, risk management, and consulting services, recognized as the 9th largest privately held broker and the 5th largest captive manager.

Products

• Product Offerings:

• Risk Management Services

• Commercial Insurance: Provides customized insurance solutions across various industries.

• Employee Benefits: Focuses on offering comprehensive benefits programs tailored to client needs.

• Private Client Insurance: Specializes in services for high-net-worth individuals.

• Consulting: Offers strategies to solve complex challenges and mitigate risk.

• Financial & Wealth Management: Provides financial planning and wealth management services.

• Key Features:

• Industry-specific solutions

• Client-centric approach focusing on personalized service and support

• Strategic and innovative solutions to optimize coverage and mitigate risks

Recent Developments

• Recent Growth and Acquisitions:

• Acquired Ohio-based Cornerstone Broker Insurance Services Agency Inc. and ARC Benefit Solutions.

• Acquired New Jersey-based Felsen Insurance Services, Inc.

• Acquired George W. Blaisdell Insurance to enhance capabilities in the New England region.

• Strategic Appointments:

• Matt Brinson appointed as Vice President, Sales and Marketing for the National Education Practice.

• Jeff Clinkscales appointed as SVP, Private Client Services Leader for the West Region.

• S. Troy Bagwell appointed as Commercial Lines Leader, West Region.

• Financial Developments:

• Closed $1 billion financing by Accession Risk Management Group to accelerate growth of Risk Strategies.

• Awards and Recognition:

• Certified as a Great Place to Work®.

• Listed among Inc. 5000 as one of America’s Fastest Growing Private Companies.

• Recognized for diversity and inclusion initiatives.

Risk Strategies continues to leverage its specialist approach, expanding its footprint through strategic acquisitions and maintaining a robust revenue growth trajectory, ultimately aiming to become a top 5 specialty broker by 2025. The company prides itself on providing tailored risk management solutions, industry expertise, and exceptional client service, resulting in high client retention and industry recognition.