2004 | Press Release

Jul 1, 2004 – Risk Strategies Company acquires Gately, Morgan & Gilfoyle Insurance Agency

Risk Strategies Company Acquires Gately, Morgan & Gilfoyle
Insurance Agency
FRAMINGHAM, Mass — July 1, 2004 ñ Risk Strategies Company (RSC), one of the
fastest growing insurance brokerage and risk management firms in the Northeast,
announced today that it has acquired Gately, Morgan & Gilfoyle Insurance Agency
(GMG).
Established in 1960, the Randolph, MA based GMG provides a full range of insurance
services for small and medium-sized business and personal customers in the greater
Boston area.
RSC was established in 1997 to respond to the increasing need for high-level consultative
support of complex risk management solutions for middle market and national property
and casualty accounts. Beyond being a provider of traditional insurance products, RSC is
expert in the design and implementation of complex coverage and risk financing
programs. The company has specific expertise in commercial insurance products,
captives, self-insurance and deductible program design, environmental insurance,
directors & officersí liability issues, and in-depth insurance coverage expertise.
With offices in Framingham, MA, Boston and New York, RSC provides a full array of
brokerage, risk management and consultative services and is one of the fastest growing
brokerages in the Northeast.
ìThrough the years, one of RSCís goals has been to diversify and develop our product
offering to include a full complement of brokerage and risk management services,î said
RSCís President Michael Christian. ìThe acquisition of GMG helps us to continue to
achieve this goal by adding an experienced team of professionals who will allow us to
increase our presence with small commercial and personal lines customers.î
Peter Gately, President of GMG added ìThe staff and management at Gately, Morgan &
Gilfoyle Insurance Agency are excited to be a part of a dynamic, energetic, and rapidly
growing company.î
Mystic Capital Advisors Group, LLC, a New York City based financial consulting firm,
advised RSC on the transaction.

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