The firm continues to grow as it expands in the Baltimore region.
BALTIMORE, MD – October 16, 2023 – RCM&D, one of the nation’s largest independent risk management, insurance and employee benefits firms and a founding partner of Unison Risk Advisors, has announced the acquisition of Consolidated Insurance + Risk Management, a Baltimore-based insurance firm, founded in 1938.
The deal officially closed on October 13, 2023. Consolidated colleagues will continue to serve their clients offering the expanded resources of RCM&D including retirement plan services, life insurance, RCM&D’s Self-Insured Services Company (SISCO) and more.
“Since Unison Risk Advisors was established in December 2020, our goal has been to preserve and grow the independent advisory channel of the insurance distribution business” said Bob Cawley, Chief Executive Officer, RCM&D and President, Unison Risk Advisors. “We welcome John Doetzer, Dan Workmeister, Betsy Korpela and their very talented team at Consolidated as we leverage each other’s strengths to serve our clients with their best interest in mind.”
“We are thrilled to be a part of RCM&D and are excited about the increased opportunities for our employees and expanded resources for our clients,” shared John Doetzer, CPCU, CAWC, Chief Executive Officer at Consolidated. “The coming together of RCM&D and Consolidated, with complementary strengths, is a truly monumental event in our industry and region.” John will serve as Executive Vice President, Sales Executive at RCM&D.
Along with the acquisition, RCM&D will appoint Dan Workmeister, CIC, CAWC, CRM, President at Consolidated, as Executive Vice President, Director of Sales at RCM&D. “I am thrilled to step into a sales leadership role at RCM&D,” said Dan Workmeister. “The deep knowledge, strong team and many resources will be great tools for our staff to continue to support our clients and expand our business.”
Additionally, Betsy Korpela, AAI, GBDS, VBA, Executive Vice President and Chief Financial Officer at Consolidated, will take on a new role at RCM&D as Executive Vice President, Director of Operations. Betsy will be tasked with bringing consistency across all operating divisions, improving efficiencies and maintaining key carrier relationships.
The partnership between RCM&D and Consolidated is a true alignment of service, expertise, culture and strategic growth for both firms. “We are beyond excited to welcome 55 new employees to RCM&D and look forward to expanding our presence in Baltimore and the mid-Atlantic region,” said Matt Kahn, Esq., CIC, ACI, President, RCM&D. RCM&D plans to continue to grow in the mid-Atlantic region. “We look forward to working with more independent brokerage firms who are committed to their clients and communities,” said Mark Sucoloski, M&A Director, RCM&D.
RCM&D, one of the founding partners of Unison Risk Advisors, headquartered in Towson, MD, is ranked among the top independent insurance advisory firms in the United States. Our specialized teams provide strategic solutions and consulting for risk management, insurance and employee benefits. Leveraging more than 135 years of experience and strong local, national and global reach, we partner with organizations to meet all of their business objectives.
About Consolidated Insurance + Risk Management
Consolidated Insurance + Risk Management, headquartered in Owings Mills, MD, is an independent insurance brokerage firm founded in 1938. Our teams provide comprehensive and competitive insurance products and offer innovative and practical risk management advice to our customers.
About Unison Risk Advisors
Unison Risk Advisors, a leading independent risk management, insurance and employee benefits firm was established in 2020 through the strategic merger of RCM&D and Oswald Companies. In June, 2023, NSI Insurance Group became the third partner of Unison Risk Advisors. Unison Risk Advisors represents one of the nation’s largest privately held and employee-owned, insurance brokerage and risk management firms. It ranks among the 40 largest brokerage firms and among the top 5 largest independently owned firms in the country.