16 January 2020Analysis

Risk Strategies acquires student health insurance provider

Risk Strategies has acquired Academic HealthPlans (AHP), a creator and administrator of health insurance plans that colleges and universities make available to students.

Risk Strategies’ acquisition builds on its 2017 purchase of University Health Plans. With the addition of Texas-based AHP to the business, which counts over 150 colleges and universities nationally of all sizes as clients, Risk Strategies is the largest broker of student health insurance plans and related administrative services in the US.

John Greenbaum, Risk Strategies’ employee benefits practice leader, said: “High-quality, affordable and simple-to-navigate student health insurance offerings are important for higher education institutions, and AHP is a proven leader in this arena.”

Terry Lyons, founder and CEO at AHP, said he had launched the company to provide care-driven, flexible solutions to help institutions meet the diverse health insurance needs of their students. “Risk Strategies understands the value of specialty expertise and innovation to solve today’s complex healthcare challenges,” he added.

Terms of the deal were not made public.