Thursday, August 19, 2021

Captive insurance industry news | Risk Strategies expands medical malpractice offering with acquisition

Speciality insurance brokerage and risk management company Risk Strategies has acquired Danna-Gracey, a medical malpractice insurance specialist.

Danna-Gracey is the largest Florida-based independent agency specialising in insurance coverage placement for doctors and other healthcare providers. It also offers alternative risk financing, for example, through risk purchasing groups.

Risk Strategies’ healthcare practice offers all lines of insurance and reinsurance for a range of healthcare organisations.

More broadly, the firm also provides insurance and reinsurance placement for property and casualty risks, as well as employee benefits risks. It offers stop-loss solutions for self-funded workers’ compensation plans and captive structures from its captive insurance practice.

Bob Dubraski, chief growth officer and national healthcare practice leader at Risk Strategies, explains: “Medical professional liability insurance and risk management are crucial for physicians and require deep expertise and strong relationships with the best carriers in the business.”

“Danna-Gracey has a great team and a well-deserved reputation in this complex specialty. We are excited they have joined Risk Strategies and our national team of dedicated healthcare industry professionals.”

Risk Strategies has previously acquired Specialty Insurance Solutions to expand its student health practice, and partnered with CyberCube on a cyber risk analytics platform.


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