Risk Strategies Company, a national risk management and insurance brokerage firm, has acquired Hollywood's Advanced Insurance Underwriters (AIU). The acquisition was announced last month.
AIU is among the top 70 insurance firms in the nation, and both Risk Strategies and AIU see a need for financial services to help people plan for their retirement, as millions are unsure about what their futures hold.
AIU specializes in handling casualty insurance and commercial property, as well as working with individuals, property managers, and homeowners' associations. Its risk management and commercial operations serve a variety of sectors, including clubs, resorts, healthcare, hospitality, construction, and real estate. AIU, which was founded in 1976, has office throughout Florida. Risk Strategies also acquired AIU's Advanced E&S Group, a general underwriter.
The acquisition of AIU is Risk Strategies' third such move in Florida. In September, it acquired Miami's Kahn-Carlin Insurance, and last May, it took over Atlass Marine, a marine insurance specialist located in Fort Lauderdale. Risk Strategies has over 800 employees in its 30 locations, and is the country’s 14th-largest casualty and property insurance company. AIU has over 140 employees.
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Location
4171 North State Rd, #7
Hollywood, FL 33021
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Hours
Mon: 8:30 - 5:00
Tue: 8:30 - 5:00
Wed: 8:30 - 5:00
Thu: 8:30 - 5:00
Fri: 8:30 - 5:00
Sat: Closed
Sun: Closed