US-based Risk Strategies has purchased brokerage and consulting firm Dubraski & Associates Insurance Services, which offers risk and insurance solutions to the healthcare industry.
Terms of the deal have not been disclosed.
As part of the deal, Dubraski & Associates’ founder and CEO Robert Dubraski and his partner Riggs Stephenson and their respective teams will continue their association with the company, while Bob Dubraski will act as president and CEO.
Risk Strategies founder and CEO Michael Christian said: "The combination with Dubraski & Associates raises our national healthcare practice to an entirely different level.
"Their knowledge and proficiency in managed care stop loss, employee benefits and property/casualty for healthcare organizations are unsurpassed."
Specialized in providing solutions to the health care industry across all lines of business, the firms provides services to healthcare organizations in 35 states of US, including hospitals, physician groups and accountable care organizations (ACOs).
Dubraski is said to support these organizations to design and manage their benefits, managed care stop-loss and property and casualty insurance programs.
By using detailed financial analysis, the firm will provide customized coverage options as per the unique needs of each client.
Risk Strategies is an insurance brokerage firm, which specializes in property and casualty and employee benefits. It serves different client specialty areas such as healthcare, higher education, entertainment, professional liability, financial services, private equity, non profits/social services, real estate, environmental, fine arts, private client personal lines and construction.
Image: Dubraski & Associates provides risk and insurance solutions to the healthcare industry. Photo: courtesy of Stuart Miles/ FreeDigitalPhotos.net.