Speciality insurance brokerage and risk management firm Risk Strategies has acquired Better Business Planning to expand its national employee benefits practice.
Risk Strategies provides risk management advice, and insurance and reinsurance placement in the lines of property, casualty, employee benefits and private client risks.
Insurance agency Better Business Planning offers customised employee benefits solutions, as well as complementary services such as payroll administration and human resources consulting.
These services are administered to a range of industries, including education, law, management services, non-profits, agriculture and industrial supplies.
Under the acquisition, of which the terms were not revealed, the Better Business Planning team will be integrated into Risk Strategies’ national employee benefits practice to support the latter’s growing client base.
John Greenbaum, national employee benefits practice leader at Risk Strategies, comments: “Our specialist approach to risk enables us to consistently exceed client expectations. We are excited to bring Better Business Planning’s expertise to our growing national benefits capabilities and welcome them to the Risk Strategies family.”
Jeffrey Bellinger, vice president of Better Business Planning, adds: “Risk Strategies was a natural fit for Better Business Planning and our clients. We now have the ability to leverage the strength of a top national broker to enhance our client partnerships while still providing service to our local communities.”
