BALTIMORE, CLEVELAND and MIAMI, June 21, 2023 – Unison Risk Advisors (URA) has announced the strategic addition of Miami-based NSI Insurance Group. NSI will become the third platform partner of the risk management and insurance brokerage firm that ranks among the largest independent firms in the U.S. The transaction closed June 20.
Unison Risk Advisors was formed in December 2020 with the merger of Cleveland-based Oswald Companies and RCM&D of Baltimore. With the addition of NSI, URA expands its geographic footprint in the South Atlantic region, and it will be comprised of more than 800 employees in 15 office locations. URA firms serve clients in all 50 states and around the world.
Together, the firms under Unison Risk Advisors see future expansion opportunities through the strategic and geographic growth of each firm’s nationally recognized specialty practices. As part of Unison Risk Advisors, NSI employees will transition to its employee-ownership structure, giving employees a personal and financial stake in the success of their clients and in their work.
Established in 1958, NSI’s 130 employees focus on providing insurance and risk management advice to families and business owners to help them manage their risk exposure. In addition, the firm focuses on employee benefits and specialty programs for the cruise line industry.
“NSI is a long-time Assurex partner and well-respected firm,” said Robert J. Klonk, chairman of Unison Risk Advisors and Oswald Companies. “Their focus on providing personalized service and an innovative culture in which employees are challenged to create opportunity for their clients is a perfect fit for Unison Risk Advisors.”
“We are thrilled to welcome NSI to Unison Risk Advisors to enhance our regional services to our existing client base in Florida and our South Atlantic states. It is the next step in our strategic growth plan and our mission to perpetuate the independent risk management, insurance and employee benefit advisory firm,” added Bob Cawley, president of Unison Risk Advisors and chief executive officer of RCM&D.
Unison Risk Advisors operates as a platform for its partners to operate independently and collaborate to best serve their clients with a tailored approach. URA members streamline and strengthen operations through shared services and an employee-ownership structure.
“For 65 years, NSI has taken a smarter approach to serving our clients – by understanding the issues they face and what’s on the line for them,” said Oscar Seikaly, chief executive officer of NSI. “We can continue down that path as a partner of Unison Risk Advisors while also securing a strong foundation for the company’s future.”
NSI will continue to serve its clients from its Miami headquarters and satellite offices throughout the region.
The three anchor companies of URA are members of Assurex Global, a partnership of the most prominent independent agents and brokers in the world who collaborate to provide local expertise and a global reach. Klonk and Cawley have long served on the Assurex Board of Directors. Klonk also serves as the current chairman of the Council of Insurance Agents and Brokers (CIAB).
About Unison Risk Advisors
Unison Risk Advisors, a leading independent risk management, insurance and employee benefits firm was established in 2021 through the strategic merger of Oswald Companies and RCM&D. It features a combined workforce of more than 800 employee-owners in multiple office locations throughout the Mid-Atlantic, Midwest and South Atlantic regions. Connect at www.UnisonRiskAdvisors.com.
About NSI Insurance Group
NSI Insurance Group is among the largest privately-owned insurance brokerage firms. Founded in 1958, the firm operates in over 85 countries with five business segments, including personal and commercial insurance, employee benefits, and specialty programs. For more information visit, nsigroup.org.