Risk Strategies to acquire JIS
Risk Strategies is to acquire Johnson Insurance Services (JIS), a subsidiary of Johnson Financial Group. Upon completion of due diligence, Risk Strategies expects the transaction to close in 45 to 60 days. Established in 1985, JIS offers commercial property and casualty and group employee benefits insurance products as well as personal insurance services. JIS is Risk Strategies’ first acquisition in the state of Wisconsin. The company will serve as its primary insurance platform in the state. Commenting on the proposed mandate, John Mina, CEO of Risk Strategies, says: “We’re honoured that Johnson Financial Group has selected Risk Strategies to assume operations of Johnson Insurance Services.”