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Massachusetts' Risk Strategies Acquires Specialty Insurance Solutions

Massachusetts’ Risk Strategies Acquires Specialty Insurance Solutions
April 1, 2021
Risk Strategies, a Boston, Massachusetts-based national specialty insurance brokerage and risk management firm, has acquired Specialty Insurance Solutions (SIS), expanding capabilities in its national student health practice.
Founded in 2007 by President Paul Mayo, SIS offers specialty products and services primarily focused on comprehensive student health insurance programs, sport accident insurance and student travel insurance. SIS Co-owner Jeff Struckle joined the firm in 2010 to build out the firm’s intercollegiate sports program.
As a broker, consultant and managing general underwriter (MGU), SIS can connect clients with the right carrier-based program or build a custom program to meet specific needs. It also offers a variety of specialty support services, such as setting up for billing and coding as a provider, contracting with network c ....

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California Surplus Lines Weathered Pandemic, Wildfires, Civil Unrest

California Surplus Lines Weathered Pandemic, Wildfires, Civil Unrest
In a year marred by a pandemic, massive Western U.S. wildfires, civil unrest, and a contentious election, California’s surplus lines market “didn’t miss a beat.”
That was the message from Ben McKay, CEO and executive director of the Surplus Line Association of California, who said surplus lines premiums in 2020 in California grew 22.7%, while the surplus lines item count grew 8%, despite the pandemic that gripped the world.
The disparity in premium and item growth points to a potential hardening market, McKay added.
He was speaking during the group’s annual meeting held virtually in early February. ....

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