Risk Strategies (officially incorporated as RSC Insurance Brokerage, Inc.) is a private American

insurance brokerage An insurance broker is an intermediary who sells, solicits, or negotiates insurance on behalf of a client for compensation. An insurance broker is distinct from an insurance agent in that a broker typically acts on behalf of a client by negotia ...

and

risk management Risk management is the identification, evaluation, and prioritization of risks, followed by the minimization, monitoring, and control of the impact or probability of those risks occurring. Risks can come from various sources (i.e, Threat (sec ...

advisor. The firm was founded 1997 () in

Boston Boston is the capital and most populous city in the Commonwealth (U.S. state), Commonwealth of Massachusetts in the United States. The city serves as the cultural and Financial centre, financial center of New England, a region of the Northeas ...

, Massachusetts, by its current chairman, Mike Christian, as a specialty risk management consultancy. In 2015, private equity insurance sector investor

Kelso & Company Kelso & Company is an American private equity firm focusing on leveraged buyouts, recapitalizations and growth capital transactions. Kelso invests in a variety of sectors, including communication, manufacturing and restaurants. Kelso is based i ...

acquired

Kohlberg & Company Kohlberg, formerly known as Kohlberg & Company, L.L.C, is an American private equity firm that focuses on leveraged buyout transactions. Founded by investor Jerome Kohlberg, Jr., the firm invests in a variety of transactions including leveraged ...

's majority stake in Risk Strategies. In 2023 Risk Strategies became a part of the Accession Risk Management Group family of companies

Services

Services of Risk Strategies include: * Business Insurance * Employee Benefits * Private Client Services * Risk Management Services * Consulting

Acquisitions

Major acquisitions include: * Dewitt Stern (October 2014): NYC expansion with focus on fine art, live entertainment and HNW *Dubraski & Associates (June 2015): Creation of national healthcare practice *Thomas McGee Group (October 2019): Expansion into Kansas City and greater Midwest *Krauter & Company (November 2019): Creation of national private equity practice *Gowrie Group (November 2019): Expansion of Private Client and creation of a national marine/yacht practice (private and commercial) *Academic HealthPlans, Inc. (January 2020): Creation of national student health practice *Gehring Group (December 2022): Employee benefits expansion in Florida *Johnson Insurance Services (June 2023): Expansion into Wisconsin *Hugh Wood (March 2024): Growth in NY and Philadelphia and expansion into Canada solidifying North American presence. *Silveus Insurance Group (May 2024): Creation of national agriculture practice

Recognition

* Great Place to Work, 2024 to 2025 by Great Place to Work. * Best Places to Work, each year 2018 to 2022 by Business Insurance Magazine. *13th Largest Broker of US Business by Business Insurance Magazine * 8th Largest Privately Owned Broker by Business Insurance Magazine * Ranked 2,965 on the Inc. 5000 list in 2023, *Ranked 3,403 on the Inc. 5000 list in 2024.

History

Risk Strategies was founded by Mike Christian in 1997 to provide risk management advice to upper middle market commercial clients, with a focus on private equity and healthcare. In 2000, it made its first acquisition of Andrew Anthony and Associates. By 2001, the company had 15 employees. In 2002, Risk Strategies expanded as an insurance brokerage to provide clients with specialized coverages and alternative risk financing programs. By the end of 2006, Risk Strategies was licensed in 48 states. A minority investment from WR Berkley enabled expansion into the Midwest and California markets as well as new practice areas and market categories. In 2013,

, L.L.C, a private equity firm, acquired a majority interest in Risk Strategies. The new investment helped Risk Strategies expand into new markets and products. As of 2013, Risk Strategies had 10 offices, 120 employees, and $40 million in revenue. With access to investment capital, Risk Strategies pursued acquisitions and hires across specialty industries. In 2014, Risk Strategies made its largest acquisition to date by acquiring, DeWitt Stern, a specialist in the Entertainment, Media, Private Client, and Fine Art insurance sectors. With this acquisition, Risk Strategies was considered a Top 35 broker nationally, with nearly $100 million in revenue and almost 400 employees nationwide. In 2015,

acquired

's majority stake in Risk Strategies. In 2016, Risk Strategies entered Texas for the first time with the acquisition of A&E specialist ''Mclaughlin Brunson'' and Florida with ''Atlass Insurance Brokerage Group''. From 2014 to 2016 Risk Strategies made 22 acquisitions, and expanded into Louisiana, Maryland, Ohio, and Pennsylvania. In 2019, then President John Mina was named ''chief executive officer'' Mina succeeded Michael Christian, Risk Strategies founder, and long-time CEO, who moved to the Executive chairman role. In 2019, One80 Intermediaries, a wholesale brokerage was formed. On December 1, 2022, Risk Strategies announced the formation of Risk Strategies Consulting. This action merged key acquisitions made by Risk Strategies into a single business unit operating independently from the firm’s brokerage business. At launch, Risk Strategies Consulting offered services around actuarial analysis, healthcare claim auditing, health and welfare, mergers and acquisitions, pharmacy, and retirement benefits. In October 2023, Accession Risk Management Group was announced as the parent brand of Risk Strategies and One80 Intermediaries.

Publications

Open access publications of Risk Strategies include:
2025 State of the Market2025 A Comprehensive Guide to Cyber Insurance for High-Net-Worth Individuals and FamiliesEmployee Benefits Evolve Alongside Shifting Workforce NeedsArtificial Intelligence and the Impact on D&O and Cyber InsuranceInsuring Your New Dental Practice: Protecting Your Passion

Services

Acquisitions

Recognition

History

Publications

References

Further reading