National specialty insurance brokerage and risk management firm Risk Strategies acquired Danna-Gracey, a specialist in medical malpractice insurance headquartered in Delray Beach, Fla. Terms of the deal were not released.
Danna-Gracey is the largest independent medical malpractice insurance agency in Florida dedicated solely to insurance coverage placement for doctors and other health care providers. In addition to placing coverage for specific medical specialties and practices, Danna-Gracey offers innovative approaches to effective, affordable coverage such as risk purchasing groups, which allow specialists with like risks to collectively negotiate for insurance coverage.
“Medical professional liability insurance and risk management are crucial for physicians and require deep expertise and strong relationships with the best carriers in the business,” said Bob Dubraski, chief growth officer and national health care practice leader at Risk Strategies.
Risk Strategies’ Health Care Practice, one of the industry’s largest, is a fully integrated national specialty team offering all lines of insurance and reinsurance for all types of health care organizations. In 2017, it strategically augmented the capabilities of its team with the acquisition of Philadelphia-based Cornerstone Professional Liability Consultants, an insurance brokerage and risk management firm which specializes in medical malpractice insurance for physicians and surgeons.
“Specialty focus built our statewide success,” said Matt Gracey, president of Danna-Gracey. “Joining a national-scale firm with that same focus on specialist expertise means our business and its people can grow and our clients will have easy access to a wider range of experts and services.”
6,418 Comments