R&A Risk Professionals
R&A Risk Professionals is an Iowa-based environmental risk management firm, founded in 1999 and wholly owned by PMMIC Insurance since 2014. It provides UST/AST compliance inspections, loss control, consulting, and certification training to petroleum storage tank operators across the Midwest and nationally.
- Company typePrivate
- Founded1999
- HeadquartersUrbandale, United States
- Headcount11–50
- GTM typeB2B
- OfferingServices
What R&A Risk Professionals does
R&A Risk Professionals, formerly Rounds & Associates, is an environmental risk management firm founded in 1999 by Patrick Rounds and headquartered in Urbandale, Iowa. The company specializes in regulatory compliance, loss control, and consulting services for the petroleum storage tank industry, serving underground storage tank (UST) and aboveground storage tank (AST) operators across the Midwest and nationally. Its core service lines are inspection (compliance, walkthrough, loss control, and pre-purchase assessments), consulting (regulatory impact analysis, audits, and environmental claims support), and training (certification programs for UST operators, installers, removers, and compliance inspectors), delivered through both in-person and virtual channels. Since 2014, R&A has operated as a wholly owned subsidiary of PMMIC Insurance and additionally serves as the carrier's Managing General Agency, administering policy issuance and underwriting support functions.
The firm has completed more than 50,000 on-site inspections since inception and is accredited by the Iowa Department of Natural Resources, reportedly inspecting roughly 80% of regulated UST facilities in the state. Its leadership team carries more than 100 years of combined environmental risk and petroleum industry experience, and the company holds institutional relationships including the Missouri Petroleum Storage Tank Insurance Fund and the Missouri Department of Natural Resources. R&A monetizes through per-inspection fees, training program tuition, consulting engagements, and intercompany MGA service fees tied to PMMIC premium flow.
Operationally, R&A runs a multi-state delivery model spanning Iowa, South Dakota, Missouri, and national loss control engagements. Recent organizational moves include the July 2025 promotions of Brian Pottebaum to VP of Technical Operations and Gayle Brimeyer to VP, alongside the launch of virtual training and active hiring in underwriting, software development, and regulatory analysis roles, suggesting measured scaling of capacity rather than step-change expansion.
R&A Risk Professionals firmographics
Firmographics- Name
- R&A Risk Professionals
- Legal name
- R&A Risk Professionals, Inc.
- Website
- https://raarisk.com
- Company type
- Private
- Founded year
- 1999
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- R&A Risk Professionals is an Iowa-based environmental risk management firm, founded in 1999 and wholly owned by PMMIC Insurance since 2014. It provides UST/AST compliance inspections, loss control, consulting, and certification training to petroleum storage tank operators across the Midwest and nationally.
- Ownership category
- akta.pro rank
R&A Risk Professionals industry classification
Industry- Product category
- Environmental Risk Management Services for Petroleum Storage Tanks
- NAICS
- Environmental Consulting Services (54162), Testing Laboratories and Services (541380)
- SIC
- Oil & Gas Field Services, Nec (1389)
- akta.pro primary industry
- Process Safety & Major Hazard Risk Management (PSM) (BPAHAJAE)
- akta.pro secondary industry
- Reliability, Safety & Risk Engineering (RAMS/PSM) Consulting (BPAHAIAK)
Keywords
Where R&A Risk Professionals is headquartered
LocationHeadquarters
- HQ city
- Urbandale
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
R&A Risk Professionals business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Technology or R&D, Marketing or Sales, Others
Revenue model
- MGA Administrative Services: As the Managing General Agent (MGA) for PMMIC Insurance since 2000, R&A provides complete administrative support and staffing services. In 2014, R&A became a wholly owned subsidiary of PMMIC. This relationship provides staffing and administrative support to PMMIC, which specializes in UST and AST pollution liability coverage.
- Inspection Services: R&A provides petroleum storage tank inspection services including annual walkthrough inspections, 30-day walkthrough inspections, EPA & state compliance inspections, pre-purchase inspections, and loss control inspections. Services are offered to UST/AST facility owners, state agencies, and insurance companies on a fee-per-inspection basis.
- Training Services: R&A provides UST operator training (Class A/B Operator), installer training, remover training, compliance inspector training, and customized training. Courses are accredited by Iowa DNR UST Section and endorsed by IPECA. Training includes certification and continuing education credits.
- Consulting Services: R&A offers consulting services including regulatory impact analysis, audit of installer/service companies, UST operational audits, and environmental claims management. These services provide analysis, audit programs, and claims management for UST facilities.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Other | Multi-year contract | Inspection Services - Customized Quotes |
Go-to-market motion1 record
Distribution channels4 records
Marketing channels4 records
R&A Risk Professionals product offering
Product offeringCore offering
R&A Risk Professionals provides independent third-party inspection, consulting, and training services for underground and aboveground petroleum storage tank (UST/AST) facilities. The company also serves as the Managing General Agent (MGA) for PMMIC Insurance, handling administrative support and staffing for UST/AST pollution liability coverage.
Differentiator
Problem solved
Functional benefit
Products and services
- Petroleum Storage Tank Inspections
- UST Consulting Services
- UST Training and Certification Courses
- MGA Services for PMMIC Insurance
Quantifiable outcome
- Over 50,000 on-site inspections conducted since 1999
- +2 more outcomes
Companies that use R&A Risk Professionals
Customer profileNamed customers4 records
Segments4 records
Ideal customer profiles3 records
R&A Risk Professionals technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature1 record
R&A Risk Professionals partnerships and signals
Strategic signalScale indicators5 records
Recent moves7 records
Expansion highlights5 records
R&A Risk Professionals competitors and assessment
Company assessmentBroad incumbents
- Apex Companies: Environmental consulting and compliance firm providing site assessment, regulatory, and remediation services — comparable to R&A in environmental risk management consulting for industrial clients.
- Bureau Veritas: Global testing, inspection, and certification (TIC) incumbent serving oil & gas, energy and industrial clients — represents the broad-incumbent benchmark for the inspection/compliance work R&A performs.
- Tetra Tech: Large environmental and engineering consulting firm serving water, environment, and energy markets — broad incumbent that performs adjacent regulatory and inspection work to R&A's petroleum UST/AST niche.
- Clean Harbors: Provider of environmental, energy and industrial services including hazardous waste handling, spill response, and field services — broadly comparable to R&A in environmental risk management and field-based industrial services.
- TRC Companies: Engineering and environmental consulting firm delivering compliance, siting, and risk management services to energy and industrial clients — analogous to R&A's regulatory and risk-management consulting practice.
- Montrose Environmental Group: Environmental services company offering compliance, inspection and remediation services across air, water, and soil — comparable to R&A in environmental risk management and compliance delivery.
- Intertek: Global TIC provider with strong oil, gas and environmental compliance practices — broad incumbent comparable on inspection-led services delivered to industrial clients.
- SGS: World-leading TIC firm with extensive oil & gas and environmental service lines — broad incumbent against which R&A's specialized UST inspection offering competes for enterprise accounts.
Direct peers
- Tanknology: National tank testing and inspection firm specializing in UST/AST compliance, leak detection, and regulatory services — a direct competitor to R&A in petroleum storage tank inspections and compliance offerings.
- TrueNorth Compliance Services: Provider of UST/AST compliance, inspection and consulting services to petroleum marketers and insurance carriers — closely overlaps R&A in third-party regulatory inspection and loss-control offerings.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat6 records
Key risks5 records
Key highlights7 records
Customer concentration
R&A Risk Professionals social profiles
Digital presenceR&A Risk Professionals financial estimates
Financial estimateRevenue estimate
Valuation estimate
R&A Risk Professionals leadership team
Management profileNumber of profiles
Profiles8 records
R&A Risk Professionals funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
R&A Risk Professionals M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about R&A Risk Professionals
What does R&A Risk Professionals do?
R&A Risk Professionals provides independent third-party inspection, consulting, and training services for underground and aboveground petroleum storage tank (UST/AST) facilities. The company also serves as the Managing General Agent (MGA) for PMMIC Insurance, handling administrative support and staffing for UST/AST pollution liability coverage.
Is R&A Risk Professionals a public or private company?
R&A Risk Professionals is a private company. It is classified as corporate owned and is currently operating.
When was R&A Risk Professionals founded?
R&A Risk Professionals was founded in 1999. It employs 11 to 50 people.
Where is R&A Risk Professionals based?
R&A Risk Professionals is headquartered in Urbandale, United States, in the North America region.
How does R&A Risk Professionals make money?
Four revenue lines are on record. MGA Administrative Services are the primary driver. The others are inspection Services, training Services and consulting Services.
Who are R&A Risk Professionals's main competitors?
Broad incumbents on record are Apex Companies, Bureau Veritas, Tetra Tech, Clean Harbors, TRC Companies, Montrose Environmental Group, Intertek and SGS. Direct peers are Tanknology and TrueNorth Compliance Services.
Does R&A Risk Professionals have an API?
No public API is recorded for R&A Risk Professionals.
What industry is R&A Risk Professionals in?
R&A Risk Professionals's product category is Environmental Risk Management Services for Petroleum Storage Tanks. Its primary akta.pro industry code is BPAHAJAE, Process Safety & Major Hazard Risk Management (PSM), with a secondary code of BPAHAIAK, Reliability, Safety & Risk Engineering (RAMS/PSM) Consulting. Its NAICS code is 54162 and its SIC code is 1389.