Thursday 27 October 2022

US-based insurance brokerage and risk management firm Risk Strategies has acquired actuarial firm Aquarius Capital Solutions Group, which has expertise in health care benefits, employee and retirement benefits, the firm said.

Terms of the deal were not made public.

Founded in 2002 and based in Port Chester, New York, Aquarius Capital provides actuarial consulting solutions in finance, insurance, and risk management for a range of client types including insurance companies, financial institutions, reinsurers, managed care companies, health care providers, and government entities.

Operated by its two principals, Michael Frank and Donald Rusconi, Aquarius Capital counts insurance companies, insurance brokers, managing general agents and managing general underwriters, financial institutions, reinsurers, and managed care companies and municipalities among its client base.