Risk Strategies Company, a privately held national insurance brokerage and risk management firm, has acquired Re-Solutions Intermediaries.
The purchase will augment Risk Strategies Company’s reinsurance and healthcare businesses with the addition of a reinsurance specialist focused on assisting healthcare organizations around the world to manage risk.
Headquartered in Minneapolis and founded by its president, Tony Plampton, Re-Solutions provides analytics, consulting and creative reinsurance solutions for the health, accident, life and disability insurance industries.
The new combination will create new opportunities for Risk Strategies to serve a broader array of clients, such as stop-loss insurance underwriters. Re-Solutions will be established as a new division under Risk Strategies' national Healthcare Practice.
"Tony and his team have created a firm with truly impressive expertise that highly complements our overall efforts in addressing every risk management facet in the healthcare industry," said Bob Dubraski, senior managing director of Risk Strategies and leader of its national Healthcare Practice.
"Re-Solutions' exclusive focus on reinsurance in healthcare and personalized approach to client service makes it a perfect fit with Risk Strategies as we work toward building the best all-lines healthcare industry broker in the country."
In June of this year, Risk Strategies acquired Dubraski & Associates, a prominent national player providing insurance and reinsurance solutions to the healthcare industry in all areas of the business. The addition of Re-Solutions in combination with Dubraski & Associates significantly increases the breadth and scale of Risk Strategies' expertise and market access in reinsurance.
"It's really exciting to join an organization like Risk Strategies that is clearly intent on investing in unmatched expertise and capabilities in key specialties," said Tony Plampton. "The complexities created by a rapidly evolving healthcare landscape favor firms that can deliver specialist knowledge and boutique service with national-scale resources."
Risk Strategies Company, Re-Solutions Intermediaries, Tony Plampton, Bob Dubraski, US