Acrisure Acquires Alternative Risk Solutions
Sica | Fletcher advises Alternative Risk Solutions in its sale to Acrisure.
Overview of Transaction
Headquartered in Carson City, Nevada, Alternative Risk Solutions, Inc. (ARS) is a full-service wholesaler of medical stop loss.
ARS manages marketing and placement of stop-loss coverage, premium facilitation and commission payments, and assistance with claim reporting to carriers. ARS also submits claim reimbursements on behalf of clients.
ARS agreed to a partnership with Acrisure, a top 10 National Insurance Broker.
Significance of Transaction
Acrisure’s broad retail base will provide ARS with significant growth opportunities from day one.
Sica | Fletchers' Role
Sica | Fletcher was hired to serve as exclusive financial and strategic advisor to ARS and explored multiple options for the firm.
This transaction demonstrates Sica | Fletcher’s continued leadership position as the “advisor of choice” to the leading financial services companies and their investors.