Risk Strategies Acquires Ohio’s Cornerstone

Risk Strategies announced it has acquired the assets of Ohio-based employee benefits specialty organization Cornerstone Broker Insurance Services Agency, Inc., an Ohio-based national provider of employee benefits solutions.

The sale also included the assets of ARC Benefit Solutions, which provides ongoing support to employee benefit clients. Terms of the deal were not announced.

Founded in 1985 as Cornerstone Broker Insurance Services Agency, Inc., the firm is a brokerage general agency (BGA) providing wholesale health insurance purchasing and general agency services to independent brokers across group, individual, and ancillary benefits.

Cornerstone also provides its independent broker clients with a variety of back-office support and administrative services, including quoting, enrollment, renewals, onboarding, carrier/broker advocacy, and succession planning.