TRISTAR Insurance Group acquires Aspen Risk Management Group

TRISTAR Insurance | January 16, 2020

TRISTAR Insurance Group – a major, privately-owned independent third-party claims administrator in the US – has agreed to acquire Aspen Risk Management Group. A release said that the transaction was expected to close yesterday - January 15, 2020. TRISTAR believes the move is “a significant step forward in establishing a strategic presence in the loss control and workplace safety market.” Following the transaction, all Aspen employees will continue to operate out of their existing locations under the name “Aspen Risk Management Group, a TRISTAR Company.” “For the past 15 years our team has worked hard to become exceptional at risk control and workplace safety,” said Aspen CEO Steve Thompson, adding that the deal will allow his team to carry out its primary purpose of saving lives, preventing injuries & illnesses.

Spotlight

There's a lot of questions revolving around business interruption, slowdowns and shutdowns of business due to the Covid-19 or Corona Virus. We dive into those issues in this video. Gordon Coyle is the CEO and Senior Risk Architect of The Coyle Group, a New York based insurance brokerage and risk consulting firm, focused exclusively on the business insurance market.

Spotlight

There's a lot of questions revolving around business interruption, slowdowns and shutdowns of business due to the Covid-19 or Corona Virus. We dive into those issues in this video. Gordon Coyle is the CEO and Senior Risk Architect of The Coyle Group, a New York based insurance brokerage and risk consulting firm, focused exclusively on the business insurance market.

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