American Risk Management
American Risk Management is an independent risk management consulting firm, founded in 1984 and based near Boston, that advises U.S. businesses with 40 to 3,000 employees on risk reduction, vendor selection, claims management, and alternative risk financing across multiple industry verticals.
- Company typePrivate
- Founded1984
- HeadquartersWakefield, United States
- Headcount1,001–5,000
- GTM typeB2B
- OfferingServices
What American Risk Management does
American Risk Management, Inc. (ARM) is an independent risk management consulting firm established in 1984 and headquartered just outside Boston, Massachusetts (Wakefield). The firm provides advisory services aimed at reducing the cost and complexity of risk for U.S. businesses with 40 to 3,000 employees. Its service portfolio spans outsourced "in-house" risk management, vendor selection and bidding support, claims management consulting, alternative risk financing advisory (traditional products, third-party contracts, retention programs, and captive programs), business risk assessments, and compliance and loss control services. ARM also delivers sector-specific risk programs across 11+ verticals including retail, construction, manufacturing, restaurants and hotels, auto dealerships, real estate development, technology, transportation, distribution, environmental, and associations.
ARM operates on a professional services revenue model, generating consulting fees from direct engagements. The firm's go-to-market is sales-led and relationship-driven, with clients acquired through direct outreach, referrals, and a "Schedule a Consultation" website CTA, then retained through ongoing advisory relationships that average more than a decade. Geographically, ARM serves clients across all New England states and nationwide from its single Boston-area office, distributing services through direct consulting engagements rather than through a software platform or channel partners. The firm describes itself as a continuous, value-added partner providing objective and unbiased recommendations without affiliation to insurance carriers or financial product providers. No proprietary technology platform, software product, or app is disclosed; the offering is service-led rather than technology-led.
American Risk Management firmographics
Firmographics- Name
- American Risk Management
- Legal name
- American Risk Management, Inc.
- Website
- https://www.arisk.com
- Company type
- Private
- Founded year
- 1984
- Operating status
- Operating
- Headcount range
- 1,001–5,000 employees
- Short description
- American Risk Management is an independent risk management consulting firm, founded in 1984 and based near Boston, that advises U.S. businesses with 40 to 3,000 employees on risk reduction, vendor selection, claims management, and alternative risk financing across multiple industry verticals.
- Ownership category
- akta.pro rank
American Risk Management industry classification
Industry- Product category
- Risk Management Consulting
- NAICS
- Management Consulting Services (54161), Agencies, Brokerages, and Other Insurance Related Activities (5242)
- SIC
- Services-Management Consulting Services (8742), Insurance Agents, Brokers & Service (6411)
- akta.pro primary industry
- Risk Management Consulting (Enterprise & Operational Risk) (FSAEADAG)
- akta.pro secondary industries
- Enterprise Risk Management (ERM) Advisory (BPAHAFAA), Risk, Compliance & Internal Controls Consulting (BPAHACAJ)
Keywords
Where American Risk Management is headquartered
LocationHeadquarters
- HQ city
- Wakefield
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
American Risk Management business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Marketing or Sales
Revenue model
- Risk Management Consulting Services: American Risk Management generates revenue through consulting fees for risk management advisory services. Services include business risk assessment, outsourced 'in-house' risk management, vendor selection services, and claims management consulting. The company provides independent and unbiased advice on risk management strategy, working with traditional products, third-party contracts, retention programs, and captive programs.
Go-to-market motion1 record
Distribution channels1 record
Marketing channels1 record
American Risk Management product offering
Product offeringCore offering
American Risk Management is an independent risk management consulting firm that delivers unbiased advisory services to businesses, including outsourced "in-house" risk manager support, vendor selection, claims management, alternative risk financing, business risk assessment, compliance and loss control, and industry-tailored risk programs. The firm combines professional consultants, analysts, and trainers to provide continuous representation and comprehensive analysis rather than one-off engagements. Services are sold on a per-engagement basis and are priced to client needs rather than through standardized tiers.
Product overview
American Risk Management is a consulting firm offering a unified suite of risk management advisory services rather than a software platform. The core offering combines independent risk management consulting with "In House" outsourced Risk Manager services, Vendor Selection Services, Claims Management Consulting, and Alternative Risk Financing advisory. These services are delivered through business risk assessments, compliance and loss control activities, and sector-specific programs tailored for industries including retail, construction, manufacturing, hospitality, technology, and transportation. The firm positions itself as a continuous value-added business partner providing comprehensive analysis and objective recommendations to optimize clients' risk management programs.
Differentiator
Problem solved
Functional benefit
Products and services
- Risk Management Consulting Independent, unbiased risk management consulting that delivers comprehensive analysis and advice to optimize a client's risk management program, including identifying and evaluating risks to recommend optimal management solutions.
- "In House" Risk Manager Services
Quantifiable outcome
- Average client relationship exceeds a decade, demonstrating sustained value delivery
Companies that use American Risk Management
Customer profileSegments11 records
Ideal customer profiles1 record
American Risk Management technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
American Risk Management partnerships and signals
Strategic signalScale indicators4 records
Recent moves5 records
Expansion highlights3 records
American Risk Management competitors and assessment
Company assessmentBroad incumbents
- Marsh McLennan: Global insurance brokerage and risk advisory powerhouse operating Marsh Risk Consulting, Oliver Wyman, and Mercer; provides enterprise risk management, captive advisory, and claims consulting that directly overlaps with ARM's service lines, but serves primarily large enterprises and operates as part of a broader insurance services portfolio.
- Aon: Global professional services firm offering risk management, insurance brokerage, reinsurance, and actuarial consulting through Aon Risk Solutions; comparable in alternative risk financing, captive advisory, and risk consulting, though at much larger scale and with broader geographic reach.
- Willis Towers Watson (WTW): Global advisory firm delivering risk and analytics, insurance brokerage, and actuarial consulting; competes head-to-head with ARM in enterprise risk management advisory and captive program consulting for corporate clients.
- Arthur J. Gallagher & Co. Large insurance brokerage and risk management services company with risk consulting, claims management, and alternative risk transfer capabilities; comparable to ARM in providing outsourced risk advisory to mid-market and larger clients.
- Lockton: Largest privately held independent insurance brokerage, providing risk consulting, captive management, claims, and benefits advisory; shares ARM's independent, non-carrier-affiliated positioning and mid-to-large commercial client focus.
- Brown & Brown, Inc. Diversified insurance brokerage delivering property/casualty, employee benefits, and risk management consulting services; comparable to ARM in offering outsourced risk advisory and claims support to mid-market and commercial clients.
- Hub International: North American insurance brokerage and risk advisory firm offering property/casualty, employee benefits, and risk management consulting; competes with ARM in the mid-market segment with bundled brokerage and advisory offerings.
Direct peers
- Risk Strategies Company: Large, rapidly growing privately held national insurance brokerage and risk management firm; directly comparable in providing independent risk advisory, claims management, and captive solutions to mid-market and specialty clients across the U.S.
Emerging players
- Riskonnect: Risk management technology platform providing integrated risk, claims, and compliance software for mid-market and enterprise clients; represents the technology-enabled competitor that could substitute for portions of ARM's human-delivered advisory work.
- Origami Risk: Risk, insurance, and claims management software platform serving insurers, brokers, and self-insured entities; overlaps with ARM's claims management consulting through technology-enabled solutions targeting similar mid-market buyers.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat3 records
Key risks5 records
Key highlights6 records
Customer concentration
American Risk Management financial estimates
Financial estimateRevenue estimate
Valuation estimate
American Risk Management leadership team
Management profileNumber of profiles
American Risk Management funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
American Risk Management 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 American Risk Management
What does American Risk Management do?
American Risk Management is an independent risk management consulting firm that delivers unbiased advisory services to businesses, including outsourced "in-house" risk manager support, vendor selection, claims management, alternative risk financing, business risk assessment, compliance and loss control, and industry-tailored risk programs. The firm combines professional consultants, analysts, and trainers to provide continuous representation and comprehensive analysis rather than one-off engagements. Services are sold on a per-engagement basis and are priced to client needs rather than through standardized tiers.
Is American Risk Management a public or private company?
American Risk Management is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was American Risk Management founded?
American Risk Management was founded in 1984. It employs 1,001 to 5,000 people.
Where is American Risk Management based?
American Risk Management is headquartered in Wakefield, United States, in the North America region.
How does American Risk Management make money?
One revenue line is on record: risk Management Consulting Services.
Who are American Risk Management's main competitors?
Broad incumbents on record are Marsh McLennan, Aon, Willis Towers Watson (WTW), Arthur J. Gallagher & Co., Lockton, Brown & Brown, Inc. and Hub International. Risk Strategies Company is listed as a direct peer. Emerging players are Riskonnect and Origami Risk.
Does American Risk Management have an API?
No public API is recorded for American Risk Management.
What industry is American Risk Management in?
American Risk Management's product category is Risk Management Consulting. Its primary akta.pro industry code is FSAEADAG, Risk Management Consulting (Enterprise & Operational Risk), with a secondary code of BPAHAFAA, Enterprise Risk Management (ERM) Advisory. Its NAICS code is 54161 and its SIC code is 8742.