Help

BI’s Article search uses Boolean search capabilities. If you are not familiar with these principles, here are some quick tips.

To search specifically for more than one word, put the search term in quotation marks. For example, “workers compensation”. This will limit your search to that combination of words.

To search for a combination of terms, use quotations and the & symbol. For example, “hurricane” & “loss”.

Login Register Subscribe

Risk Strategies buys aviation broker

Reprints
M&A

Risk Strategies Inc. has acquired Transport Risk Management Inc., Risk Strategies said in a statement Tuesday.

Terms of the deal were not disclosed.

Based in Conifer, Colorado, Transport Risk specializes in coverage for the aviation, aerospace and aircraft operations and activities.

The acquisition of Transport Risk includes wholesale capabilities with the firm’s managing general agent authority for its specialty drone program, the statement said.

Transport Risk also has an existing relationship with Risk Strategies’ entertainment and media specialty division, DeWitt Stern Group, the statement said.

Transport Risk has seven employees, all of whom will remain with the firm, according to an email from a spokeswoman.

Risk Strategies is the 16th-largest broker of U.S. business, according to Business Insurance’s latest ranking.

 

 

 

 

Read Next

  • Risk Strategies buys captive manager

    Boston-based Risk Strategies Co. Inc. said on Wednesday it has acquired Risk Management Advisors Inc., a California-based captive manager in a move strengthening its alternative specialty portfolio.