BOSTON, February 5, 2020 – Danger Methods, a privately held, quickly rising nationwide insurance coverage brokerage and threat administration agency, at this time introduced that it has acquires Transport Danger Administration, Inc., (Transport Danger) a number one nationwide specialist in aviation-related insurance coverage and threat administration. Phrases of the deal weren’t made public.
Positioned in Conifer, Colorado, simply outdoors of Denver, Transport Danger was based in 2003 by its present president, Terry Miller. The agency’s specialists assist its 1,000-plus purchasers perceive and mitigate each space of potential loss pertaining to aviation, aerospace or plane operations and actions.
“Danger Methods’ success is constructed on speciality experience and the worth that delivers to purchasers dealing with advanced dangers,” mentioned John Mina, Danger Methods CEO. “Terry, and the agency he has constructed, is a dead-on match for our enterprise and their focus is one for which we’re seeing an elevated want.”
A twenty-year veteran of the aviation insurance coverage trade as each an underwriter and dealer, Miller is a graduate of Embry-Riddle Aeronautical College, with a Bachelors of Science in Skilled Aeronautics; Aviation Enterprise Administration and Aviation Security. He additionally, previous to attending Embry-Riddle, served as a member of america Marine Corps, specializing in indicators intelligence as an digital warfare technician.
“We have been searching for a solution to broaden our capabilities with out compromising the specialist data and experience that our rising consumer base calls for,” mentioned Miller. “Turning into a part of Danger Methods was the proper solution to obtain this purpose and guarantee we may proceed to develop our enterprise in a method that labored finest for our purchasers.”
Transport Danger’s choices and consumer base numbers over 1,000 and spans a number of industries and wishes, from manned industrial and industrial help plane to non-owned aviation, plane & private legal responsibility, and unmanned aerial system and drone coverages. Transport Danger counts a lot of prime movie and leisure corporations amongst its consumer base and has a long-standing relationship with Danger Methods’ Leisure & Media speciality division, Dewitt Stern.
The acquisition of Transport Danger additionally brings wholesale capabilities, because the agency has managing basic agent authority with a serious worldwide service for its speciality drone program. This functionality is seen as a match with Danger Methods’ just lately launched speciality wholesale division, One80 Intermediaries.
About Danger Methods
Danger Methods is a privately held, nationwide agency with workplaces throughout the nation. As a number one U.S. insurance coverage dealer, the corporate gives subtle threat administration recommendation in addition to insurance coverage and reinsurance placement for property & casualty, well being care and worker advantages dangers. Danger Methods serves industrial corporations, non-profits, public entities and people, and has entry to all main insurance coverage markets. Ranked among the many prime 20 brokers within the nation, Danger Methods has workplaces in additional than 70 areas nationwide together with Boston, New York Metropolis, Chicago, Minneapolis, Miami, Atlanta, Houston, Dallas, Nashville, Los Angeles and San Francisco.