Specialty insurance broker Risk Strategies announced it has acquired Aquarius Capital Solutions Group, an actuarial firm focused on health care, employee and retirement benefits.
Founded in 2002 and based in Port Chester, New York, Aquarius Capital provides actuarial consulting solutions in finance, insurance, and risk management for insurance companies, financial institutions, reinsurers, managed care companies, health care providers, and government entities. Aquarius is operated by its two principals, Michael Frank and Donald Rusconi.
John Greenbaum, national employee benefits practice leader at Risk Strategies, said Aquarius will be “invaluable” to the Boston-based national firm and its overall business development plans.
Terms of the deal were not disclosed.
Topics Mergers & Acquisitions
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