Risk Strategies builds up its student health practice with SIS acquisition

Risk Strategies, the specialty insurance brokerage and risk management firm, has acquired Specialty Insurance Solutions (SIS).

SIS was founded in 2007 by Paul Mayo, its president. It offers specialty products and services primarily focused on comprehensive student health insurance programmes, sport accident insurance and student travel insurance. Jeff Struckle, SIS’ co-owner, joined SIS in 2010 to build out its intercollegiate sports programme.

As a broker, consultant and managing general underwriter (MGU), it can connect clients with the right carrier-based programme or build a custom programme to meet specific needs. It also offers specialty support services, such as setting up for billing and coding as a provider, contracting with network carriers as a preferred provider organisation, and establishing a student help desk.

Terry Lyons, managing director of Risk Strategies’ student health division, said SIS will allow Risk Strategies to “grow and continue to expand our offerings for our national student health practice.”

Struckle highlighted Risk Strategies’ commitment to, and investment in, the student health space, which he said gave SIS confidence that clients would benefit from the partnership. “The collaborative culture of Risk Strategies also offers our people exciting career possibilities as our firms come together,” he added.