Specialty insurance coverage brokerage Danger Methods has introduced the acquisition of New York-based Aquarius Capital Options Group, an actuarial agency with experience in healthcare advantages, worker and retirement advantages. The phrases of the transaction weren’t disclosed.
Based in 2002 and headquartered in Port Chester, N.Y., Aquarius Capital supplies actuarial consulting in finance, insurance coverage and threat administration for a spectrum of shoppers together with insurance coverage corporations, monetary establishments, reinsurers, managed care corporations, healthcare suppliers and authorities entities. It’s operated by principals Michael Frank and Donald Rusconi.
“Essential monetary selections affecting lives and the underside line require specialty experience that may lower by means of complexity to ship readability and revolutionary options,” mentioned John Greenbaum, nationwide worker advantages apply chief at Danger Methods. “Aquarius brings deep area experience and expertise working with quite a lot of shoppers, which will likely be invaluable to our agency and our total enterprise growth plans.”
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“We’re extraordinarily excited to be becoming a member of Danger Methods,” mentioned Frank, founder and president of Aquarius Capital. “We noticed our expertise and experience as a terrific match with Danger Methods, their specialty strategy to threat administration and total strategy to constructing enterprise success.”
The acquisition provides to Danger Methods’ rising portfolio of actuarial companies.