28 February 2023Analysis

SRS unveils Integrum partnership

Strategic Risk Solutions (SRS) has partnered with Integrum Holdings to further enhance the company’s services within the captive insurance and alternative risk markets.

Integrum is an investment firm focused on partnering with technology-enabled services companies in the financial and business services sectors. According to the companies Integrum’s investment will allow SRS to build on its foundation of independence, quality, and expertise to deepen its existing relationships, expand both geographically and in its service offerings, as well as more actively pursue strategic acquisitions and partnerships.

“We are excited about the opportunity to partner with Integrum to further accelerate our next phase of growth. Integrum has a demonstrated successful track record of value creation across its current and past investments, and truly understands the alternative risk ecosystem and the value of the independent model. This partnership brings the stability and resources that will solidify SRS as a leader in the market for years to come,” said Brady Young, chief executive of SRS.

Young will remain as the company’s president and chief executive with the current management team also remaining in place.

“The captive insurance industry continues to present an expanding opportunity in both the property and casualty and employee benefits sectors of the market,” said Tagar Olson, founding partner of Integrum. “Brady and the SRS team have built a reputation defined by innovation and quality, and we look forward to supporting them as we unlock opportunities that will enhance the services they provide to their clients and the value they bring to their business partners.”

The transaction will be subject to customary closing conditions including required regulatory approvals.