Risk Strategies has revealed that it has acquired the insurance coverage and danger administration advisor Tanenbaum-Harber of Florida. The phrases of the deal weren’t disclosed.
Founded in 1860, the Miramar, FL-based Tanenbaum-Harber is likely one of the largest impartial retail companies working in South Florida. According to a launch, Risk Strategies not solely acquired Tanenbaum-Harber of Florida, but in addition the property of Tanenbaum-Harber of California, which operates in San Diego, CA.
Tanenbaum-Harber reported “strong business growth” over the previous 5 years, and has greater than 5,000 shoppers throughout a variety of industries, together with wholesale distribution, actual property, safety, hospitality, know-how and non-profit.
“Tanenbaum-Harber brings another industry-leading brand to our growing Florida team,” mentioned Risk Strategies Atlantic regional chief Scott Popilek. “They have terrific, highly experienced people and an approach to client service built and refined for over 150 years that perfectly aligns with our firm.”
“Given the long history of our firm, we wanted to find a partner that could provide a path for our people and business to scale both within the state and nationally,” added Tanenbaum-Harber of Florida president Fred Jove. “Risk Strategies, having both a strong presence in key areas within our home state and more than 30 specialty practices nationally, presented both a great business and cultural fit.”
Last month, Risk Strategies acquired Statewide Condominium Insurance. Based in Vero Beach, FL, Statewide is a retail dealer specializing within the condominium and house advanced danger sectors.