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Risk Strategies, national specialty insurance brokerage and risk management firm, has acquired Miami-based Worldwide Assurance Inc., a retail life, health and benefits agency.

Worldwide was founded in 2012 and has grown rapidly in recent years, its president, Osvaldo Gonzalez III, said in a news release. The company offers medical and dental plans, long-term care insurance, group term and variable Life Insurance.

Risk Strategies said it is the ninth-largest privately held U.S. brokerage firm, with some 100 offices in North America. It offers insurance and reinsurance placement for property and casualty, as well as employee benefits and consulting.

Mergers & Acquisitions

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