Risk Strategies has acquired employee benefits and risk services consulting firm The Gehring Group.
Established in 1992 and headquartered in Palm Beach Gardens, Florida, Gehring Group provides employee benefits and risk management solutions to the public sector in the state of Florida as well as the US Virgin Islands.
Gehring Group’s service offerings include insurance programme design, claims data analysis, plan administration, legislative compliance, client education and training, benefits technology innovation and consulting, employee wellness programme design, and custom communication services.
The news of the Gehring Group acquisition follows Risk Strategies’ December 2021 acquisition of insurance and employee benefits agency Meeker Sharkey & Hurley to expand the specialty insurance brokerage and risk management firm’s retail insurance operations.
The company also acquired TriPoint Insurance the preceding November. TriPoint Insurance is a national workers’ compensation specialist providing performance-based insurance solutions for the construction, manufacturing, wholesale and skilled nursing sectors.
More than 100 organisations have joined Risk Strategies since its establishment in 1997.
Commenting on the acquisition, John Greenbaum, national employee benefits practice leader at Risk Strategies, says: “The Gehring Group brings an expert focus, unparalleled service philosophy and employs forward-thinking technologies that will enhance our clients’ experience and company’s specialist approach to risk. We welcome Gehring Group to the Risk Strategies family.”
Kurt Gehring, founder, president and CEO of Gehring Group, comments: “Benefit programmes are not one-size-fits-all — they require a tailored, service-centered approach to be successful. To scale our business, we wanted to partner with a firm that viewed benefit programme development through the same strategic lens that serves our clients. Risk Strategies presented both a great business fit for our clients, and a cultural fit for our talented team.”
