Risk Strategies Company

What Risk Strategies Company does

Risk Strategies Company is a North American specialty insurance brokerage founded in 1997 and headquartered in Boston, Massachusetts. The company placed $15.7 billion in premiums in 2024 across 40+ U.S. states and Canada via a network of more than 5,300 insurance professionals, operating through wholly-owned specialty practices spanning healthcare (Professional Risk Associates, serving 6,000+ medical professional clients), agriculture/crop insurance (Silveus Insurance Group), employee benefits (The Baker Benefit Group, Fairmount Benefits, Strategic Benefit Solutions), surety bonds and federal construction (Mahorsky Group, Brick Procurement), commercial and personal lines (Prince Associates, Hooper Hayes & Rogan, GMC Advisors), and personal lines/wealth-adjacent services. Under parent Accession Risk Management Group, Risk Strategies executed more than 20 acquisitions between August 2023 and June 2025 to build vertical depth and national reach.

The business model is commission-based brokerage: Risk Strategies earns transaction fees on insurance premiums placed with carriers, supplemented by professional services fees on employee benefits consulting engagements. The go-to-market is enterprise field sales organized by specialty practice, with distribution through direct sales teams, wholesale brokerage via the affiliated One80 Intermediaries, and a regional agency network of acquired brands that retain local licensing and client relationships. Customer segments are diversified across healthcare providers, agricultural operations, construction firms, large employer groups, and federal contractors, with no publicly disclosed anchor concentration.

In June 2025, Brown & Brown (NYSE: BRO) announced the acquisition of Accession Risk Management Group for approximately $9.8 billion, closing in Q3 2025. Risk Strategies was integrated into Brown & Brown's retail segment, while wholesale operations formed part of a new specialty distribution segment, expanding Brown & Brown to over 700 locations and 23,000 staff. At the parent level, Accession posted pro forma revenue of $1.7 billion in 2024, making Risk Strategies the 9th largest privately held insurance broker in the U.S. prior to the sale.

Name

Risk Strategies Company

Legal name

Risk Strategies Company

Website

https://risk-strategies.com

Company type

Private

Founded year

1997

Operating status

Acquired

Headcount range

5,001–10,000 employees

Short description

Risk Strategies Company is a Boston-based specialty insurance brokerage founded in 1997, serving healthcare, agriculture, construction, and employee benefits clients across 40+ U.S. states through commission-based brokerage and acquired specialty practices, now part of Brown & Brown.

Ownership category

akta.pro rank

Product category

Specialty Insurance Brokerage

NAICS

Insurance Agencies and Brokerages (52421)

SIC

Insurance Agents, Brokers & Service (6411)

akta.pro primary industry

Specialty Insurance Brokerage (Marine, Aviation, Cyber, Professional Lines) (FSAEADAJ)

akta.pro secondary industries

Retail (Personal Lines) Insurance Brokerage (FSAEADAA), Risk Management Consulting (Enterprise & Operational Risk) (FSAEADAG)

Keywords

• Specialty insurance brokerage
• Employee benefits consulting
• Commercial lines insurance
• Risk management services
• Surety bond brokerage

Headquarters

HQ city

Boston

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Technology or R&D, Others

Revenue model

1. Insurance Brokerage Commissions: Risk Strategies generates revenue through commissions from placing insurance policies for commercial and personal lines clients. The company serves large employer groups, healthcare professionals, construction firms, and agricultural operations across North America.
2. Premium Placement: Accession (parent of Risk Strategies) placed $15.7 billion in premiums in 2024, generating revenue through wholesale and retail insurance brokerage operations.
3. Employee Benefits Consulting: Revenue from customized employee benefit solutions including health insurance, ancillary benefits, disability insurance, and executive benefits for large employer clients including hospitals, universities, and global management firms.

Pricing tiers

Go-to-market motion2 records

Distribution channels3 records

Marketing channels3 records

Core offering

Risk Strategies Company is a North American specialty insurance brokerage that places commercial and personal lines insurance, crop insurance, healthcare and medical professional liability coverage, surety bonds, and ancillary employee benefits on behalf of clients in healthcare, agriculture, construction, energy, and large-employer segments. The firm also operates a wholesale brokerage arm (One80 Intermediaries) that distributes specialty insurance products through retail broker relationships across the U.S. and Canada.

Product overview

Risk Strategies Company is a North American specialty insurance brokerage that operates as a platform offering multiple specialty insurance products and services. The company's portfolio includes crop insurance (via Silveus Insurance Group), healthcare/medical professional liability insurance (via Professional Risk Associates), ancillary employee benefits and disability insurance (via The Baker Benefit Group), surety bonds and federal construction expertise (via Mahorsky Group and Brick Procurement), and commercial/personal lines insurance. Following its acquisition by Brown & Brown in 2025, Risk Strategies joined the retail segment while its wholesale operation One80 Intermediaries became part of a new specialty distribution segment. The company serves clients across diverse industries including agriculture, healthcare, construction, energy, and financial services.

Differentiator

Problem solved

Functional benefit

Products and services

• Crop Insurance Specialty crop insurance products including federal multi-peril crop insurance and private crop insurance coverages, placed for agricultural operations including farms and growers across 40 states. Operates under the Silveus Insurance Group specialty brand.
• Healthcare and Medical Professional Liability Insurance Specialized medical professional liability insurance and healthcare risk management coverage for physicians, medical practices, and healthcare provider organizations. Licensed and delivered across 36+ states through the National Healthcare Practice.
• Ancillary Employee Benefits and Disability Insurance Customized ancillary employee benefits and disability insurance solutions for large employer groups including hospitals, universities, and global management firms. Delivered as part of Risk Strategies' employee benefits consulting practice.
• Surety Bonds and Federal Construction Insurance Surety bond placement and specialized federal construction insurance coverage for federal and commercial construction projects, including contractor bonding, bid bonds, performance bonds, and payment bonds.
• Commercial and Personal Lines Insurance Multi-line retail insurance placement covering commercial lines for businesses and personal lines for individuals, delivered through acquired regional agencies (e.g., Prince Associates, Hooper Hayes & Rogan, Schroeder Insurance) serving clients across multiple states.
• Commercial Lines Insurance for Industrial Sectors Commercial lines insurance for industrial and energy sectors including construction, manufacturing, energy, engineering, and oil and gas. Delivered through the GMC Advisors specialty platform.
• Wholesale Specialty Insurance Brokerage (One80 Intermediaries) Wholesale insurance brokerage distribution platform providing specialty insurance products to retail broker partners across the U.S. and Canada. Placed $15.7 billion in premiums in 2024 as part of Accession Risk Management Group.
• Construction, Personal Lines, and Commercial Insurance (Griffith Insurance) Multi-line retail insurance offerings covering construction, personal lines, and commercial insurance segments delivered through the Griffith Insurance agency in Pennsylvania and surrounding markets.
• Employee Benefits Agency Services (Strategic Benefit Solutions) Retail employee benefits insurance agency services including healthcare risk management and group benefits placement for employer clients in the Northeast. Delivered through the Strategic Benefit Solutions brand.

Quantifiable outcome

• Over 6,000 clients served by healthcare practice
• +2 more outcomes

Named customers5 records

Segments5 records

Ideal customer profiles5 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

One partnership is on record.

• Brown & BrowncoreStrategic or Co-development Partner · 10 June 2025Brown & Brown acquired Risk Strategies (through its parent Accession Risk Management Group) for approximately $9.8 billion in 2025. The acquisition brings Risk Strategies into Brown & Brown's retail segment while One80 Intermediaries forms part of a new specialty distribution segment. This represents a major strategic consolidation in the insurance brokerage industry.

Scale indicators8 records

Recent moves6 records

Expansion highlights5 records

Broad incumbents

• Brown & Brown: Now the parent company of Risk Strategies following the 2025 acquisition. A top-10 U.S. insurance brokerage with 700+ locations and 23,000+ staff, providing the closest direct comparison for RSC's specialty brokerage and employee benefits business.
• Arthur J. Gallagher & Co. Large global insurance brokerage and risk management firm with deep specialty practices in healthcare, construction, and agriculture. Directly comparable in terms of vertical specialization and acquisition-driven growth strategy.
• Marsh McLennan: The largest insurance broker globally, offering risk, insurance, and consulting services. Competes with RSC across commercial and specialty lines, particularly in healthcare, construction, and large employer benefits.
• Aon: Global professional services firm providing risk management, insurance brokerage, and reinsurance. Overlaps with RSC's commercial lines, employee benefits, and specialty brokerage offerings.
• Truist Insurance Holdings (formerly Wells Fargo Insurance): Large U.S. insurance brokerage with specialty practices in healthcare, construction, and benefits. Closely comparable to RSC in vertical specialization and middle-market focus.

Direct peers

• Hub International: North American insurance brokerage that has grown aggressively through acquisitions of specialty agencies, including healthcare, construction, and benefits. Closely comparable business model, size, and acquisition cadence to RSC.
• Lockton Companies: Largest privately held insurance broker in the U.S., focused on specialty commercial lines, employee benefits, and risk management. Closely comparable to RSC in specialty depth and mid-to-large enterprise focus.
• USI Insurance Services: Specialty insurance brokerage built through acquisitions, serving middle-market and large clients with property/casualty, employee benefits, and surety. Comparable in size, growth strategy, and product mix to RSC.
• AssuredPartners: Fast-growing U.S. insurance brokerage acquired by Arthur J. Gallagher in 2025. Similar specialty-practice model spanning personal/commercial lines, employee benefits, and surety, with comparable acquisition-driven scaling.
• Acrisure: Tech-enabled insurance brokerage that has scaled through acquisitions across commercial, personal, and benefits lines. Comparable in acquisition-led growth, geographic spread, and mid-market commercial focus.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/RiskStrategies
• Facebookfacebook.com/RiskStrategiesTransportation
• LinkedInlinkedin.com/company/50227
• Instagraminstagram.com/brownbrowninc

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles13 records

Subsidiaries19 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A45 records

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Risk Strategies Company