MALVERN, Pa., Dec. 9, 2019 /PRNewswire-PRWeb/ -- The Institutes, the leading risk management and insurance knowledge provider, today announced it has acquired three valuable knowledge-sharing platforms from LRP Media Group: Risk & Insurance®, National Workers' Compensation and Disability Conference® & Expo (NWCDC), and National Ergonomics Conference & ErgoExpo® (ErgoExpo). The deal closed on December 9, 2019.
"We are thrilled to welcome the Risk & Insurance, NWCDC, and ErgoExpo teams to The Institutes," said Peter Miller, CPCU, president and CEO of The Institutes. "Each of these entities offers new and unique opportunities to provide knowledge and education to those interested in risk management and insurance."
Risk & Insurance is the leading digital and print platform for risk management and insurance news and information. It is also known for its award programs, including the Power Broker award. NWCDC and ErgoExpo will expand The Institutes' educational offerings into the area of workplace-injury mitigation. NWCDC is the largest national workers compensation exposition, and ErgoExpo is the nation's largest and longest-running ergonomics event, focused on providing knowledge about making employees safer by mitigating workplace injuries.
"Joining The Institutes is beyond exciting for our entire team. Our shared values on the importance of knowledge and education create the core of our organizational synergies," said Matthew Kahn, president of Risk & Insurance, NWCDC, and ErgoExpo. "Our assets will help expand The Institutes' offerings into new topics like workers compensation and ergonomics, while The Institutes' long-term commitment will enable us to expand our digital platforms and develop some very exciting and innovative approaches at our events."
JEGI | CLARITY, the leading independent investment bank for the global media, events, information, marketing, software, and tech-enabled services sectors, was the exclusive financial adviser to LRP Media Group in this transaction.
About The Institutes | Risk and Insurance Knowledge Group
The Institutes, the leading provider of risk management and insurance knowledge solutions, offer professional designations, including the CPCU® program. In addition, The Institutes provide introductory, foundational, and leadership programs; online and continuing education courses; events and conferences; custom solutions; and assessment tools. Affiliates include CEU, Claims Pages, the Claims and Litigation Management Alliance, the CPCU-Loman Education Foundation, The Institutes CPCU Society, The Institutes Griffith Insurance Education Foundation, The Institutes RiskStream CollaborativeTM, the Insurance Research Council, the International Insurance Society, MyPath, the Pacific Insurance Conference, Risk & Insurance, NWCDC, and ErgoExpo.
CPCU is a registered trademark of The Institutes. All rights reserved.
About LRP Media Group
LRP Media Group, headquartered in Palm Beach County, Florida, since 1996, is an innovative media company serving millions of business and education professionals worldwide. Specializing in education administration, education law, education technology, federal employment, human resources, workers compensation, and disability, LRP publishes thousands of books, pamphlets, newsletters, videos, and online resources. The company also produces four industry-leading print and digital magazines for key decision-makers: District Administration, Human Resource Executive®, HRM Asia, and University Business. Additionally, LRP annually delivers top-quality training and professional development to thousands of professionals through its award-winning conferences and tradeshows in China, Singapore, and the United States. LRP currently employs more than 500 professionals in its Connecticut; Florida; Pennsylvania; Singapore; and Washington, D.C., offices.
SOURCE The Institutes