Risk Strategies snaps up relocation insurance specialist

The acquisition adds "unique capabilities" to the Risk Strategies arsenal, says CEO

Risk Strategies snaps up relocation insurance specialist

Insurance News

By Ryan Smith

Risk Strategies, a national insurance brokerage and risk management firm, has acquired UNIRISC, a specialist in global relocation insurance and risk management for corporate personnel and private individuals moving domestically and overseas.

Virginia-based UNIRISC was founded in 1972. Its clients include Fortune 100 companies in the automotive, financial, pharmaceutical, insurance, service, manufacturing, communications, technology, and relocation industries. It provides claims services and custom relocation assistance to mitigate the risk and complexity of relocation. The company is organized as two distinct divisions: insurance brokerage and third-party administrator.

“As a firm focused on providing clients with truly specialized expertise, we saw adding UNIRISC’s unique capabilities to the Risk Strategies arsenal as a big win for our clients and business,” said Risk Strategies CEO John Mina. “They’ve built a national operation that can quickly mesh with our operations to deliver real value.”

“UNIRISC is a true specialist in a very unique, complex and demanding market,” said Ken McClinton, president and CEO of UNIRISC. “Risk Strategies’ approach, leading with specialized knowledge and technical expertise, is a natural fit for us and will be a great operation to help us amplify and multiply the specialty capabilities, knowledge and partnerships we’ve built up over the decades.”

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