SOURCE: Risk Strategies Company

Risk Strategies Company

June 20, 2012 11:00 ET

Risk Strategies Company Names John Wilcox President and Chief Operating Officer

Insurance Industry and Management Consulting Veteran to Enhance RSC Management Team; Will Work With CEO Michael Christian to Accelerate Firm's Growth

BOSTON, MA--(Marketwire - Jun 20, 2012) - Risk Strategies Company (RSC), a national insurance brokerage and risk management firm headquartered in Boston, announced today that John Wilcox has been appointed President and Chief Operating Officer. Wilcox will report to and work closely with RSC Chief Executive Officer Michael Christian to position the firm for continued national growth and broaden the firm's client services portfolio.

Wilcox's focus on operations will allow for enhanced client resources and services, and his experience and capabilities will help him build upon RSC's strong industry reputation. RSC founder Christian remains as CEO and will focus on leading overall company strategy, growth initiatives, M&A and industry practices.

Wilcox brings 20 years' experience to this role, having most recently served as Senior Vice President of Strategic Planning at The Hartford Financial Services Group in Hartford, Conn., where he was head of strategic planning and mergers and acquisitions for the company. Previous roles at The Hartford included leadership of the Personal Lines business and head of strategy for the P&C company. Prior to joining The Hartford, Wilcox was a principal in the insurance practice at McKinsey & Company in both New York and Shanghai. Prior to McKinsey, he was a vice president at Hyperion Capital Management in New York where he focused on insurance clients. He started his career as a commercial property insurance broker at Marsh McLennan in New York. Wilcox holds an M.B.A. from the University of Chicago and a B.A. from Dartmouth College.

"John Wilcox brings deep insurance, financial services and management consulting experience that will expand the Risk Strategies Company management team and position us for continued growth," said Christian. "Our clients will benefit from John's expertise and operational skills and his addition will allow me to focus on strategic growth and client service initiatives."

"After working in risk management, insurance, and consulting for more than 20 years, the next logical step for me was to help run a growth company that can leverage my experience," said Wilcox. "I look forward to building on the success of Risk Strategies Company, and will work closely with Mike and the rest of the management team to accelerate the expansion of the company."

RSC has continued to grow organically and through acquisition. In the past two years, the company has acquired Millbrae, Calif.-based UPA Insurance Brokers, Needham, Mass.-based Global Insurance Network, Inc., and Cohn-Reid-O'Neill Insurance Services, Inc. (CRO) in San Mateo, Calif.

About Risk Strategies Company
Risk Strategies Company
(RSC) is a national brokerage firm distributing property and liability insurance and employee benefits insurance products to both privately held and publicly traded commercial clients. RSC is an acknowledged leader in providing insurance and risk management solutions to middle market and upper middle market clients. Ranked in the top 65 brokers in the country, the company is headquartered in Boston, MA with offices in Metro Boston, Providence, New York City, Metro New York, Chicago, Irvine, Los Angeles, Sacramento, and San Francisco.