Risk Strategies snaps up Missouri-based agency

Agency specializes in employee benefits for individuals and businesses

Risk Strategies snaps up Missouri-based agency

Mergers & Acquisitions

By Ryan Smith

Specialty insurance brokerage Risk Strategies has announced that it has acquired Missouri-based Beattie & Associates, a retail agency specializing in employee benefits for individuals and employers. The terms of the transaction were not disclosed.

Beattie & Associates was founded more than 30 years ago. Led by principal Tom Beattie, the firm serves individuals and businesses across a range of industries. It offers a full range of employee benefit coverages, including group health, disability, life, dental and vision, as well as associated support services. The agency’s clientele is largely concentrated in the Midwest.

“We’re thrilled to welcome Tom and his team at Beattie & Associates to the Risk Strategies family,” said John Greenbaum, national employee benefits practice leader at Risk Strategies. “Their approach to both team and client work is a great fit with our culture, and we’re excited to have them aboard as we expand our capabilities regionally.”

“Wanting to preserve our specialty focus and expand our capabilities without losing our high-touch approach to client services made becoming part of Risk Strategies the absolute right choice,” Beattie said. “I’m excited by the possibilities to further extend our relationships and offerings, including property and casualty, to new and existing clients.”

In addition to its headquarters in the St. Louis area, Beattie & Associates has a presence in Big Sky and Boseman, Mont., and Chicago. The Montana presence will expand Risk Strategies’ footprint, while the Chicago presence will complement its existing operations.

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