Risk Strategies Company acquires Tikia Consulting, expands employee benefits practice expertise

Long-established New Orleans-area firm expands southern footprint, practice depth

Boston, Massachusetts, UNITED STATES

BOSTON, Dec. 21, 2017 (GLOBE NEWSWIRE) -- Risk Strategies Company, a privately held, rapidly growing national insurance brokerage and risk management firm, today announced the acquisition of Tikia Consulting, an employee benefits brokerage and consultancy based in Metairie, LA. Terms of the deal remain undisclosed.

Founded in 1995, Tikia Consulting specializes in providing employee benefits insurance brokerage and health plan consulting services to clients in Louisiana and the Southeast, including Texas and Florida.

“Clients facing a changing and uncertain health insurance and employee benefits landscape are best served by people with deep knowledge and experience,” said John Greenbaum, Risk Strategies’ national health and welfare practice leader. “Tikia’s decades-long track record of providing expert consulting services and unparalleled customer support shows the team will be a great addition to our national practice.”

Specializing in employee benefits, including medical, dental, vision, life, disability, worksite and global medical coverage, Tikia’s client base includes both private sector and government organizations. The Tikia team specializes in providing a range of services from strategic planning, financial modeling, data analysis as well as initiatives for wellness and population health management.

“In today’s environment, becoming part of a national organization was an important step for effectively servicing the growing needs of our expanding client base,” said Rina Tikia, president and CEO of Tikia Consulting. “Risk Strategies’ experts-driven model, innovative approach, and reputation for high touch customer service is a perfect fit for our clients.”

Risk Strategies’ health and welfare practice is one of the country’s largest and most capable, with deep knowledge ranging from regulatory compliance and core benefits planning to technology platforms, security guidance, wellness programs and ancillary benefits. Like Risk Strategies’ health and welfare practice, Tikia Consulting Group has extensive experience marketing, negotiating, underwriting, implementing products and funding for clients with insurers, reinsurers, pharmacy benefits managers (PBMs) and third-party administrators (TPAs). 

About Risk Strategies Company

Risk Strategies Company is a privately held, national firm with offices across the country. As a leading U.S. insurance broker, the company offers sophisticated risk management advice as well as insurance and reinsurance placement for property & casualty, healthcare and employee benefits risks. Risk Strategies serves commercial companies, non-profits, public entities and individuals, and has access to all major insurance markets. Ranked among the top 20 brokers in the country, Risk Strategies has offices in more than 45 locations nationwide including Boston, New York City, Chicago, Miami, Atlanta, Dallas, Nashville, Los Angeles and San Francisco.

Media Contact
Jackie Fraser