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In 2013, Kohlberg & Company, L.L.C, a private equity firm, acquired a majority interest in Risk Strategies. [10] [9] The new investment helped Risk Strategies expand into new markets and products. As of 2013, Risk Strategies had 10 offices, 120 employees, and $40 million in revenue. [9]
The DeWitt Stern Group was a privately held, New York City-based insurance brokerage and risk advisory firm. National in scope, the firm also has offices in North White Plains NY, Jersey City NJ, Chicago IL, and in two California locations: San Francisco and Glendale. It operated from 1899 until it was acquired in 2014 by Risk Strategies.
Due to previous calls in 2015 and 2016 to shrink or break up AIG, Duperreault announced his intention to grow AIG and maintain its multiline structure [99] as a provider of life and retirement solutions and non-life insurance, [102] outlining a strategy to focus on technology, "underwriting discipline," and diversification.
About 70 million Americans invest in 401(k)s and these retirement plans hold $6.9 trillion in assets, according to the Investment Company Institute, citing data as of September 30, 2023 . Plan ...
AIG/Lincoln was established in 1997 as a strategic partnership between AIG Global Real Estate Investment Corporation, New York, a subsidiary of AIG - American International Group, New York, and Lincoln Property Company, a Dallas based commercial real estate manager...
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