Kurt Gehring, president & CEO, Gehring Group
Specialty brokerage and risk management firm Risk Strategies has acquired employee benefits and risk services consultant The Gehring Group.
Based in Palm Beach Gardens, Florida, Gehring is a leading provider of employee benefits and risk management solutions to Florida’s public sector as well as the United States Virgin Islands. Its services include insurance program design, claims data analysis, plan administration, and legislative compliance.
The terms of the deal were not disclosed.
“Benefit programs are not one-size-fits-all – they require a tailored, service-centred approach to be successful,” said Kurt Gehring, founder, president and CEO of Gehring Group.
“To scale our business, we wanted to partner with a firm that viewed benefit program development through the same strategic lens that serves our clients. Risk Strategies presented both a great business fit for our clients and a cultural fit for our talented team that goes above and beyond in supporting clients every day.”
John Greenbaum, Risk Strategies’ national employee benefits practice leader, welcomed the addition of the group to Risk Strategies. “The Gehring Group brings an expert focus, unparalleled service philosophy and employs forward-thinking technologies that will enhance our clients’ experience and company’s specialist approach to risk,” he said. “
Risk Strategies has a long history of growth through acquisition, with over 100 organisations joining the company since its founding in 1997.
Risk Strategies, acquisition, The Gehring Group, reinsurance, insurance, Kurt Gehring