Risk Strategies Acquires National Insurance Consulting Group

Sica | Fletcher guides Florida-based National Insurance Consulting Group in its sale to Risk Strategies.

Overview of Transaction

  • National Insurance Consulting Group (“NICG”) was started in 2014 as a retail employee benefits firm with locations in Atlanta and Ft. Lauderdale to deliver alternative funded, level funded and self-funded healthcare solutions to small and middle market businesses.

  • NICG awarded the #8 Tech Startup in Fort Lauderdale in 2018 by The Tech Tribune,

  • The Company agreed to be acquired by Risk Strategies, a top 20 National Insurance Broker. ​ ​

 

Significance of Transaction

  • The National Insurance Consulting Group acquisition builds on Risk Strategies’ employee benefits practice and adds to its specialty services capabilities.

Sica | Fletcher's Role

  • Sica | Fletcher served as exclusive strategic and financial advisor to NICG and explored several tactical options.

  • The NICG transaction builds on Sica | Fletcher's track record of success across the benefits space.

  • This transaction further highlights Sica | Fletcher’s strong relationships with top-tier investors, having worked with Risk Strategies on numerous deals.

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Contact Details

MICHAEL J. FLETCHER

Managing Partner

516.967.1958

mjf@sicafletcher.com

ALEXANDER W. SICA

Managing Partner

201.805.1561

al@sicafletcher.com

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