Risk Strategies, a national insurance brokerage and risk management firm, acquired Transport Risk Management, Inc., a Conifer, Colorado-based national specialist in aviation-related insurance and risk management.
The terms of the deal were not made public.
Founded in 2003 by its current president Terry Miller, Transport Risk Management provides its 1,000-plus clients with solutions to understand and mitigate every area of potential loss pertaining to aviation, aerospace and aircraft operations and activities. Its offerings span multiple industries and needs, from manned commercial and industrial aid aircraft to non-owned aviation, aircraft and personal liability, and unmanned aerial system and drone coverages.
Led by John Mina, CEO, Risk Strategies is a U.S. insurance broker offering risk management advice as well as insurance and reinsurance placement for property & casualty, health care and employee benefits risks. The company serves commercial companies, non-profits, public entities and individuals, and has access to all major insurance markets. Risk Strategies has offices in more than 70 locations nationwide including Boston, New York City, Chicago, Minneapolis, Miami, Atlanta, Houston, Dallas, Nashville, Los Angeles and San Francisco.