Baltimore, MD & Washington, DC, February 18, 2019
RCM&D, an independent insurance brokerage and risk advisory firm founded in 1885, announces the launch of a reimagined Private Client Practice in partnership with Risk Cooperative, an innovative risk and insurance advisory firm and coverholder at Lloyd’s based in Washington, D.C.
The lines between risk and reward have blurred, as have the lines between private wealth and enterprise or portfolio value. RCM&D and Risk Cooperative have partnered to offer a reimagined private client experience that brings a comprehensive advisory, risk management and risk transfer capability to high net worth individuals, family offices, executive teams and investment funds. Our team provides a cost effective and stable approach to reduce uncertainty across personal risks, tangible and intangible assets, reputational harm, privacy, as well as wealth preservation and succession. Offering integrated, concierge-style risk advisory, insurance and risk -transfer across all asset classes, our Private Client Practice provides peace of mind worldwide to thousands of discerning risk-aware individuals.
As one of the leading independent brokerages in the U.S., RCM&D is also a founding Partner of Assurex Global, which includes 107 brokers on 6 continents, placing in excess of $29 billion in insurance premiums. Risk Cooperative’s expertise in complex risk, coverage design and innovation will help customers keep pace with an evolving risk landscape in both domestic and international markets.
“In an increasingly volatile world, people are finding little shelter in portfolio allocation alone and little comfort in the advice of unsophisticated or inexperienced risk advisors and brokers. RCM&D and Risk Cooperative joining forces to reimagine the private client value proposition bringing to bear the type of expertise usually reserved for the most complex companies in the world to a discerning retail customer is the game changer private clients have been demanding,” said Bob Cawley, RCM&D’s President and Chief Operating Officer.
“The risk landscape has shifted, and individuals can no longer simply rely on the risk mitigation tools of their financial advisors, or outdated insurance products to protect their assets. With our Private Client Practice, Risk Cooperative, alongside RCM&D, will bring enterprise risk management and an array of innovative risk mitigation, transfer and advisory solutions offering customers peace of mind worldwide,” added Dante Disparte, Risk Cooperative’s Chairman and CEO.
About RCM&D
RCM&D is ranked among the top independent insurance advisory firms in the United States. Our specialized teams provide strategic solutions and consulting for risk management, insurance and employee benefits. Leveraging more than 130 years of experience and strong local, national and global reach, we partner with organizations to meet all of their business objectives.
For more information visit: https://www.rcmd.com/
About Risk Cooperative
Risk Cooperative, a coverholder at Lloyd’s, is a specialized strategy, risk and insurance advisory firm licensed to originate, place and service innovative risk-transfer and insurance solutions in all 50 states, D.C. and Puerto Rico. Risk Cooperative helps organizations address risk, readiness and resilience through a comprehensive service and solution offering in partnership with leading insurance companies and value-adding partners.
For more information visit: https://riskcooperative.com
Media Inquiries:
media@riskcooperative.com | 202-688-3560
