US insurance broker and risk management firm Risk Strategies has promoted Tracy Hoffman and Matthew Smith to executive vice president of its National Health Care Practice.
Both Hoffman and Smith previously served as senior vice president within the organisation.
In addition to her current responsibilities, Hoffman will work alongside managing director Riggs Stephenson.
Together, they will spearhead strategies that respond to the needs of healthcare organisations.
She has over 25 years of experience in the insurance industry, with a strong focus on health care organisations.
“I’ve been privileged to be a part of Risk Strategies’ ongoing growth and success,” said Hoffman.
“The depth and breadth of our team is exceptional, and I am excited to support them with innovative new solutions and strategies for our health care clients.”
In addition to his current responsibilities, Smith will be working closely with managing director Tony Plampton in order to grow the company’s life, accident and health reinsurance business nationally.
He has been working in the re/insurance industry for more than 20 years, primarily focused in the life, disability, accident and health markets.
“I look forward to continuing to work with our reinsurance team and in this new role, build upon the impressive foundation that has been established by the team over many years,” said Smith.
“Our clients operate in a challenging market filled with constant competition and pressure to meet the needs of the consumer while keeping up with medical advancements and regulatory changes. It will be great to leverage our team’s collective experience to take Risk’s Strategies’ health care practice and reinsurance services to another level.”
“Tracy and Matt have been incredible assets to Risk Strategies for years,” added Bob Dubraski, Chief Growth Officer and National Health Care Practice Leader.
“In moving them into these pivotal roles, we’re confident that they will leverage their combined experience into new and exciting growth opportunities for Risk Strategies and our health care practice.”