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Risk Strategies

National insurance brokerage delivering risk management

Overview

Risk Strategies Company is a national insurance broker and risk management firm offering customized insurance placement and ongoing risk management advice across property and casualty, employee benefits, private client, and reinsurance. It serves public and private companies, non-profits, growing commercial firms, and high-net-worth individuals. The firm blends traditional insurance with risk-management expertise from outside the industry to provide sector-specific solutions for real estate, higher education, manufacturing, construction, and professional services. Its goal is to help clients manage complex risks in a changing world with cost-effective plans that improve protection and reduce overall risk costs.

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About Risk Strategies

Simplify's Rating
Why Risk Strategies is rated
B-
Rated B on Competitive Edge
Rated B on Growth Potential
Rated C on Differentiation

Industries

ConsultingFinancial Services

Company Size

501-1,000

Company Stage

N/A

Total Funding

N/A

Headquarters

Boston, MA

Founded

1997

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What believers are saying

  • Risk Strategies acquired Griffith, Schroeder, GMC Advisors, and three New Mexico firms in 2025.
  • Brown & Brown’s $9.8 billion purchase expands distribution reach and capital support.
  • The platform still wins specialty brokerage mandates in employee benefits and private client niches.

What critics are saying

  • On April 2, 2026, Risk Strategies sued Marshall + Sterling over poaching and trade secrets.
  • The complaint says March 2026 departures cost nearly $900,000 and more than 15 accounts.
  • Integration after Brown & Brown’s August 2025 acquisition fuels defections that erode relationships and revenue.

What makes Risk Strategies unique

  • Risk Strategies built a specialty brokerage platform across property, benefits, private client, and reinsurance.
  • Brown & Brown kept Risk Strategies as a specialty platform after August 1, 2025.
  • Founder Michael Christian’s 2026 Patriot board seat validates Risk Strategies’ acquisition playbook.

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Benefits

  • Health Insurance
  • Dental Insurance
  • Vision Insurance
  • Disability Insurance
  • Life Insurance
  • Hybrid Work Options

Company News

Insurance Journal
Nov 6th, 2026
People moves: MEMIC Promotes Delcourt; Mather Joins Alliant.

People moves: MEMIC Promotes Delcourt; Mather Joins Alliant. November 6, 2026 MEMIC Promotes Delcourt to Regional Vice President The MEMIC Group, headquartered in Portland, Maine, promoted Ben Delcourt to regional vice president, underwriting. He will lead MEMIC's Maine underwriting team and collaborate with the company's independent agency partners across the state. Delcourt succeeds Vice President Catherine Duranceau, who will retire in January 2027. During nearly 14 years at MEMIC, Delcourt has advanced from account analyst to associate underwriter, underwriter I, underwriting supervisor, manager of underwriting and director of underwriting for the Maine region. Mather Joins Alliant Insurance Services' Mid Atlantic Benefits Team Tom Mather joined Alliant Insurance Services as vice president within its employee benefits group. Based in the Washington, D.C. metro area, he will partner with middle-market employers to develop customized benefits strategies. Mather has a diverse background spanning strategic benefits planning, self-funded plan design, and financial analysis, working with organizations nationwide to optimize their employee benefits programs. Prior to joining Alliant, Mather was vice president of employee benefits at Risk Strategies Company. Alliant is headquartered in Irvine, California. Was this article valuable?

Keystone
Oct 20th, 2026
Keystone appoints Nick Licursi as National Personal Lines Practice Leader.

Keystone appoints Nick Licursi as National Personal Lines Practice Leader. Veteran private client leader will build out Keystone's national personal lines capabilities for high-net-worth families and the agencies that serve them. MECHANICSBURG, Pa., October 15, 2026 - Keystone, one of the country's top-25 insurance brokers, today announced the appointment of Nick Licursi as National Personal Lines Practice Leader. In this newly created role, Licursi will lead Keystone's Personal Lines strategy nationally, with a focus on building out High-Net-Worth and Private Client capabilities for Keystone's agencies and their clients. Licursi joins Keystone from Risk Strategies/Brown & Brown, where he spent the past three years as Northeast Regions Private Client Services Leader. Before that, he spent more than six years at Risk Strategies Company, where he built his career in Private Client Services, most recently as Vice President and Family Office Practice Leader for the New York Metropolitan region. Across those roles, Licursi developed customized Personal Insurance programs for High-Net-Worth families and Family Office clients, managed carrier relationships, and led teams serving the top of the Private Client market. He began his career at DeWitt Stern serving High-Net-Worth clients in New York City. In 2017, Licursi was recognized by the Private Risk Management Association as an Emerging Leader. "Personal lines is one of the most important and most underserved opportunities in the independent agency channel today, especially at the high-net-worth level," emphasized Mike Walsh, CEO of Keystone. "Our agencies serve families and businesses in communities across every state, and many of those clients deserve a more sophisticated Personal Lines experience than most brokers are built to deliver. Nick brings deep expertise, strong carrier relationships, and a reputation for building programs that move the needle for successful families. We're thrilled to have him lead this practice for Keystone." "Keystone stood out to me because of the people, the culture, and the ambition behind what they are building," noted Nick Licursi, Keystone's new National Personal Lines Practice Leader. "The combination of a top-tier broker platform and a national network of independent agencies gives us a chance to raise the bar for how Personal Lines gets served in this country. I am excited to partner with our agencies to build a practice that gives their best clients the attention and the expertise they expect, with the full weight of Keystone behind every conversation." Licursi's appointment is the latest addition to Keystone's growing national leadership team as the company continues to invest in specialized practice capabilities for its agencies and the clients they serve. About Keystone. Keystone is recognized by Business Insurance as the 25th largest retail broker and the 4th fastest-growing broker in the United States. Founded in 2020, Keystone empowers independent agencies through strategic partnerships, best-in-class services, and capital investments. For more information, visit www.mykeystone.com

Insurance Journal
Apr 7th, 2026
Risk Strategies claims ex-employees' talent and customer raid has cost it $900K.

Risk Strategies claims ex-employees' talent and customer raid has cost it $900K. Boston-based specialty insurance broker Risk Strategies Co. is suing two former employees and their new employer for allegedly stealing customers and poaching employees in a scheme the firm says has thus far cost it nearly $900,000 in revenue. On March 20, 2026, more than six years after Risk Strategies acquired their family-owned Connecticut employee benefits agency and hired them, Tim and Sheena Tracy left Risk Strategies to join the Poughkeepsie, New York insurance agency Marshall + Sterling Enterprises. Risk Strategies claims that when they left, the Tracys, in concert with their new employer, poached two key employees and solicited customers using Risk Strategies' trade secrets and confidential information. The suit maintains their actions violate agreements that the Tracys renewed in June 2025 that prohibit them from soliciting clients for two years after leaving Risk Strategies and block them from hiring away any Risk Strategies employee for one year after departing. Risk Strategies is suing the Tracys and Marshall + Sterling for alleged breach of the confidentiality and non-solicitation agreements and for alleged unfair competition and unjust enrichment. The Boston-based firm claims it has lost more than 15 accounts representing nearly $900,000 in revenue as of April 2, the date of its lawsuit filed in federal district court for Connecticut. A spokesperson for Marshall + Sterling told Insurance Journal that the firm does not comment on pending litigation. The complaint alleges that on the same day that the Tracys resigned from Risk Strategies, two other employees who worked directly with them - Meghann Dockum and Nina Garland - both submitted their notices of resignation and joined the Tracys at Marshall + Sterling. Risk Strategies claims that within days of the resignations, it began receiving reports that the former employees were actively soliciting Risk Strategies' customers to follow them to Marshall + Sterling. The Tracys' solicitations have targeted customers with whom they worked while at Risk Strategies or about whom they obtained confidential information "in direct violation of their contractual and other legal obligations," the complaint alleges. In addition, the Tracys "simultaneously solicited-away" key support staff in an "unlawful raid" on Risk Strategies' human capital that has "substantially handicapped Risk Strategies' ability to retain customers" and that allowed them to "more expeditiously steal away Risk Strategies' customers," according to the lawsuit. Risk Strategies claims the alleged unlawful conduct has caused and will continue to cause "irreparable harm" in the form of "loss of long-standing customer relationships, the erosion of goodwill, the diminishment of its competitive advantage in the marketplace, and the disruption of its workforce." The firm claims that the full extent of the harm "cannot be adequately measured in money damages alone, as it involves the disruption of customer trust, the impairment of Risk Strategies' reputation, and the risk of disclosure and misuse of its trade secret business information." Risk Strategies is asking for damages as well as injunctive relief to halt the solicitation of its business by the defendants. Was this article valuable? Simpson is a freelance writer and editor. He retired as Chief Content Officer for Wells Media Group in July, 2022 after 18 years with the company. Interested in claims? Get automatic alerts for this topic.

Insurance Journal
Jul 31st, 2025
Risk Strategies Acquires Assets of 3 New Mexico Firms

Risk Strategies acquired the assets of Santa Fe, New Mexico-based firms Zia Insurance Services, Tyra Enterprises Inc. and Capitol Insurance Services Inc.

Insurance Journal
Jun 10th, 2025
Brown & Brown to Acquire Risk Strategies, One80 Parent for $9.8 Billion

Brown & Brown to acquire Risk Strategies, One80 parent for $9.8 billion.

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