Risk Strategies buys aviation broker Transport Risk Management

US insurance brokerage and risk management firm Risk Strategies has acquired Colorado-based aviation broker Transport Risk Management.

Transport Risk’s offerings span multiple industries, from manned commercial and industrial aid aircraft to non-owned aviation, aircraft and personal liability, and unmanned aerial system and drone coverages.

The acquisition brings wholesale capabilities to Risk Strategies’ newly launched specialty wholesale division One80 Intermediaries.

“Risk Strategies’ success is built on specialty expertise and the value it delivers to clients facing complex risks,” said John Mina, Risk Strategies’ CEO. “Terry and the firm he has built is a dead-on fit for our business, and their focus is an area in which we’re seeing an increased need.”

Terry Miller, president of Transport Risk, said: “We were looking for a way to broaden our capabilities without compromising the specialist knowledge and expertise that our growing client base demands. Becoming part of Risk Strategies was the perfect way to achieve this goal and ensure we could continue to grow our business in a way that worked best for our clients.”

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