Risk Strategies acquires Atlas Insurance Management

Risk Strategies has announced its acquisition of Atlas Insurance Management, as part of the former’s purchase of Atlas Group Limited and its affiliated entities. Terms of the transaction were not disclosed. The announcement comes immediately after Risk Strategies completed a recapitalization transaction with private equity firm Kelso & Company. A previous company statement said that the transaction would help fund Risk Strategies’ ongoing acquisition strategy, among other business growth initiatives. Atlas Insurance Management, founded 2002, is known for captive management and also creates and operates some of its own insurers – in particular, protected cell companies.