Our laser focus on reducing total cost of risk often supports the financial and operational goals that private equity owners have for their new ventures.
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Fairlawn, Ohio (PRWEB) May 07, 2013
Private equity owners and other businesses on the East Coast now can get local support from one of the nation’s top risk management companies. Risk International has opened a new branch in Wilmington, Del., joining offices in Cleveland, Charlotte, Columbus, central Michigan, London and Singapore.
The new office will be focused on serving private equity clients, many of whom have had a growing interest in Risk International.
“Our laser focus on reducing total cost of risk often supports the financial and operational goals that private equity owners have for their new ventures,” said RI President and CEO, Michael D. Davis. “We have been engaged in a number of P.E. deals in 2013, and expect the trend to accelerate going forward.”
Risk International continues to grow at a brisk pace, providing risk management consulting, outsourced risk management, claims mitigation, loss prevention, claims recovery and due diligence services. In the first 100 days of 2013, the company had already doubled its new business sales from 2012.
Wilmington is Risk International’s fifth new location since 2009, following the addition of offices in London, Singapore, Columbus and central Michigan.
John Talley, a long-time key business partner of Risk International, will become managing director of the Wilmington office.
“We have valued John’s expertise for more than 20 years,” said RI Executive Vice President and COO, Kirk N. Walsh. “We look forward to working with him full-time and know our private equity clients will be served well under his leadership.”
About John Talley
John Talley, MPA, began his career in the insurance industry in 1990 as a representative for a major national carrier of personal lines property and casualty, life and health, and insurance securities products. He began working with Risk International in 1994, specializing in insurance archaeology. Mr. Talley has traveled throughout the United States and Puerto Rico in search of policy evidence for our clients. He has been instrumental in developing the pursuit of public records as a source of policy evidence.
An entrepreneur at heart, Mr. Talley established several businesses outside of Risk International, including a regional vending business, a retail business in New York City and a real estate practice. With his experience in start-up enterprises, Mr. Talley became instrumental in the development of RiskOptics, Risk International’s service package serving small- to mid-size companies.
Mr. Talley earned a bachelor’s degree in Spanish and a master’s degree in public administration from Brigham Young University.
About Risk International
A global risk management consulting company, Risk International has helped clients save or reduce their cost of risk by nearly $1 billion collectively since opening its doors in 1986. The firm is consistently ranked among the top three risk management companies in the U.S. by Business Insurance magazine.
For more about Risk International, visit http://www.riskinternational.com/about.htm.