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Beach acquires Atlanta-based reinsurance broker

Beach & Associates Ltd. acquired accident and health reinsurance brokerage firm Risk and Insurance Consulting Services.

The Atlanta-based broker will become part of the company and will operate as its accident and health division under the Beach brand, effective Dec. 1, 2019.

Risk and Insurance Consulting Services founder and CEO Richard Ritchie, Vice President Jamie Brown and Tammy Chambers, program and treaty services manager, will remain following the acquisition.

The deal enables Beach to expand into the accident and health reinsurance arena, as well as in the medical insurance world.