Innovative Captive Strategies Acquires Aceterrus in Montana

Innovative Captive Strategies has acquired Aceterrus Insurance Resources of Bigfork, Mont.

Aceterrus will operate as a subsidiary of Innovative Captive Strategies. The Aceterrus office and team members will remain intact.

Terms of the deal were not disclosed.

Aceterrus is an independent captive management firm that provides risk consulting, licensing and administrative services.

Innovative Captive Strategies is a captive consultant based in West Des Moines, Iowa.