Specialty insurance coverage brokerage Threat Methods has introduced that it has acquired Texas-based Wallace Specialty Insurance coverage Group. Phrases of the transaction weren’t disclosed.
Wallace Specialty was based in 2012 to offer insurance coverage providers for the dental business. The agency creates personalized insurance coverage for dental service organizations, dentists, and oral and maxillofacial surgeons. Wallace Specialty’s choices embody skilled legal responsibility, property and normal legal responsibility, staff’ compensation, administration legal responsibility, particular person and group advantages, and extra. The agency is led by founders and principals Kyle and Terri Wallace.
“Threat Methods’ sturdy, regular success has been constructed on targeted, specialty experience that helps shoppers confidently handle an more and more advanced world,” mentioned Steve Giannone, Threat Methods central area chief. “Wallace Specialty Group will add new specialty experience to our capabilities, and we see nice potential to assist their group construct their enterprise in new methods.”
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The addition of Wallace Specialty bolsters Threat Methods’ capabilities in serving medical professionals.
“We all know that specialty experience creates actual worth for shoppers and our enterprise,” Kyle Wallace mentioned. “As a part of Threat Methods, we’re in a position to protect that specialty focus whereas increasing our capabilities for current shoppers and our enchantment to potential shoppers.”
Kyle Wallace is a acknowledged authority on dental follow danger administration and malpractice claims prevention, and a frequent lecturer on each topics. He has taught the danger administration portion of the Academy of Basic Dentistry’s grasp monitor program in Dallas, written a number of articles for Physician of Dentistry journal, and was a contributing writer for the e-book The Observe Launchpad.
Wallace Specialty has unique relationships with main insurance coverage firms in a number of states and counts greater than 6,000 dentists as shoppers.