Sebastian Insurance Group in Florida has been purchased by Risk Strategies, a US-based national specialty insurance brokerage and risk management company.
The transaction’s terms weren’t made public.
Sebastian Insurance Group, based in Sebastian, Florida, provides a variety of specialised coverages, including flood insurance as well as property and liability insurance for buildings, automobiles, boats, and businesses. The agency is a part of many professional associations, including the Realtors Association of Indian River County, BNI Business Builders of the Treasure Coast, The Exchange Club of Sebastian, Sebastian Chamber of Commerce, and Sebastian Rotary.
In 2008, the original owner of Sebastian Insurance was purchased by the principal Bill Kriener and his business partner Gary Frazier. According to a press release, Kriener has 25 years of experience in the financial services sector.
Risk Strategies Atlantic area chief Scott Popilek remarked, “We are thrilled to welcome Bill and his colleagues at Sebastian Insurance Group into the Risk Strategies family. “We believe that combining our specialised skills with Sebastian’s outstanding reputation and intimate knowledge of the surrounding area will enable a healthy build out of business.”
The way we’ve established our company and reputation in the region is a fantastic match for Risk Strategies’ consultative, specialised approach to risk management, according to Kriener. It is encouraging to know that our employees will be accepted into a company that is a fantastic fit for them and will provide them with more opportunities to advance their careers and serve their clients.
Risk Strategies appointed Jason Ellison as the national healthcare practice’s employee benefits leader late last month. Ellison, who is based in Nashville, Tennessee, most recently held the position of regional senior vice president for Arthur J. Gallagher’s health and welfare consulting division. He also served on the company’s national executive teams for its healthcare practise and innovation advisory group. In addition, Ellison held a number of executive positions at UnitedHealthcare as well as principle and senior consultant roles at Mercer.