Founded in 1996 and based mostly in Vero Beach, FL, Statewide is a retail dealer specializing within the condominium and condominium complicated danger sectors. It supplies danger administration and insurance coverage options to condominium operators and owners associations all through Florida. Coverages the corporate gives embrace property, wind, flood, basic legal responsibility, skilled legal responsibility, and umbrella.
“Complex risks and difficult markets require specialty expertise,” mentioned Risk Strategies Atlantic area chief Scott Popilek. “It’s why Risk Strategies has flourished and why Statewide is such a great addition to our capabilities in Florida. We’re excited to add this team’s expertise.”
A launch famous that Statewide complete insurance coverage necessities for group associations and the second-largest variety of group associations within the nation – two issues that make its acquisition by Risk Strategies a “strong growth opportunity,” because the latter continues to develop out its capabilities for purchasers.
“As a highly specialized firm, we wanted to find the right partner to grow our business and expand the ways in which we could help our clients manage their risks,” mentioned Statewide Condominium Insurance CEO Jerry Wahl. “Risk Strategies specialty focus meant our people could continue doing what they do best, while gaining access to deep expertise in complementary areas of risk management.”
Last week, Risk Strategies introduced that it launched the brand new Risk Strategies Consulting, a nationwide consulting and actuarial providers enterprise. The new enterprise incorporates experience and choices from acquisitions the corporate remodeled the previous 5 years.