Risk Strategies Acquires UNIRISC, Inc.
Specialist in relocation insurance adds new capability to growing Washington D.C.-area footprint
BOSTON — Risk Strategies announced that it has acquired UNIRISC, Inc., a specialist in the global relocation insurance and risk management needs of corporate personnel and private individuals moving domestically and overseas. Terms of the deal were not disclosed.
Founded in 1972 and based in Arlington, Virginia, UNIRISC’s clients include a broad swath of leading Fortune 100 companies spanning the automotive, financial, pharmaceutical, insurance, service, manufacturing, communications, technology, and relocation industries. Employers, relocation management firms, movers, and forwarders, as well as successful families and private individuals, rely on UNIRISC’s services. These include claims services and bespoke relocation assistance to mitigate the risk and complexity of relocation.
“As a firm focused on providing clients with truly specialized expertise, we saw adding UNIRISC’s unique capabilities to the Risk Strategies arsenal as a big win for our clients and business,” said John Mina, Risk Strategies’ CEO. “They’ve built a national operation that can quickly mesh with our operations to deliver real value.”
Organized as two distinct divisions – insurance brokerage and third-party administrator – UNIRISC is able to seamlessly simplify the complexities of relocation. UNIRISC’s brokerage team can customize coverage for everything from vacant homes to household goods on a worldwide basis, while its third-party administrator group uses proprietary technology to manage and streamline the claims process for self-insured relocation clients.
“UNIRISC is a true specialist in a very unique, complex, and demanding market,” said Ken McClinton, President and CEO, UNIRISC. “Risk Strategies’ approach, leading with specialized knowledge and technical expertise, is a natural fit for us and will be a great operation to help us amplify and multiply the specialty capabilities, knowledge and partnerships we’ve built up over decades.”