Risk and Insurance Strategy Consultants (RISCS) is to merge with Cutts Watson Consulting (CWC) in an effort to increase the global footprint of both firms.
According to a statement released by the companies, the combined entity is born out of a commitment to provide the highest standard of independent captive and ART solutions to their global clients.
Together, the complimentary skills and offerings of both firms, deeper bench strength and the increased global footprint to six regional hubs will bring added value to their current and future clients.
Oliver Schofield, managing partner of RISCS will be appointed as the CEO of RISCS CWC and Malcom Cutts-Watson, founder of CWC, will assume the role of non-executive chairman.
Schofield says: ‘We are delighted to be joining forces at such an exciting time for the industry. The ambitions of RISCS CWC have no limits. We are driven by serving our clients and we continue to have the desire to build a leading global captive and ART consultancy by being the place for people with an independent mindset to work.
“This combination enables us to collectively broaden our offering, increase our footprint and grow our team. We will continue to be domicile, underwriter, captive manager and broker agnostic ensuring that we remain truly independent in our approach, our thoughts and the delivery of our solutions.”
