Risk Strategies Promotes Hoffman, Smith to Managing Directors

February 22, 2021

Risk Strategies, a national specialty insurance brokerage and risk management firm, has promoted Tracy Hoffman and Matthew Smith to managing directors as part of planned leadership successions in both its Managed Health Care and Reinsurance practices.

In her new role, Hoffman will take over leadership of the National Heath Care Practice’s managed care team. Hoffman has more than 25 years of experience in the insurance industry, including work with hospitals, health plans, physician groups and more.

Hoffman assumes the managing director role from Riggs Stephenson, who came to Risk Strategies in 2015 with the Dubraski & Associates acquisition. He will remain with the firm, working with Hoffman and her team to ensure client and team continuity, as well as servicing his clients and developing new business from existing relationships.

Smith assumes leadership of the Health Care Practice’s reinsurance team. He has worked in insurance and reinsurance for more than 22 years with experience in all aspects of health, life and accident reinsurance.

Smith takes over the managing director role from Tony Plampton, founder of Re-Solutions Intermediaries, a specialty brokerage acquired by Risk Strategies in 2015. Plampton will be leaving the firm for a new role with a Risk Strategies client.

Risk Strategies is a specialty national insurance brokerage and risk management firm offering risk management advice and insurance and reinsurance placement for property/casualty and employee benefits risks.

Source: Risk Strategies