Risk Strategies acquires Oxford Risk Management Group
Risk Strategies, a privately held U.S. brokerage and risk management firm, in July 2018 acquired Oxford Risk Management Group, a Sparks, Maryland-based provider of alternative risk and captive insurance and consulting. Terms of the deal were not disclosed.
Established in 2010, Oxford Risk Management Group specializes in conducting captive feasibility analysis, coordination and management of turn-key captive insurance company arrangements, both domestically and internationally. The company is led by its founding principals, Michael DiMayo and Kevin Myers.
Oxford has enjoyed strong growth through an array of financial and insurance referral sources. Following the acquisition, the Oxford brand and team will operate as usual even as it becomes a resource for Risk Strategies’ clients.
Ranked among the top 20 brokers in the U.S., Risk Strategies serves commercial companies, non-profits, public entities and individuals, and has access to all major insurance markets. Headquartered in Boston, Massachusetts, the company has offices in more than 50 U.S. locations including New York City, Chicago, Miami, Atlanta, Dallas, Nashville, Los Angeles and San Francisco.