Press Releases

Risk Strategies Company Adds Jim DiFalco to Credit Union Health Benefits of America Team

Credit Union Health Benefits of America (CUHB) Plan Deflects Rising Healthcare Costs

BOSTON, May 24, 2013 -- Risk Strategies, a leading national specialty insurance brokerage and risk management and consulting firm, today announced it has named Jim DiFalco as Executive Team Leader for RSC's Credit Union Health Benefits of America (CUHB) Employee Benefits Captive program. Jim will co-lead RSC's efforts to increase CUHB's national expansion into credit unions seeking an alternative to traditional medical insurance plans or programs.

"With medical premiums increasing ten to fifteen percent annually, there is pent-up demand for cost-effective solutions among mid-market employers, desperately seeking alternatives to traditional health insurance plans," said Fred Cannon, Executive Vice President, Risk Strategies Company. "We are excited to add Jim DiFalco, an experienced self-funding and captive management executive, to help accelerate the growth of CUHB and take advantage of this market opportunity."

Jim's background includes six years with Blue Shield of California, a $9 billion health plan focused on the California market. At Blue Shield, Jim managed the development and distribution of self-funded products to mid-size and large employers, Taft Hartley groups and Public Sector entities. His accomplishments include a 700 percent increase in the premium and client base of Blue Shield's stop loss business.

More recently, Jim served as Vice President of Business Development for WorldMed Assist, a leader in medical travel facilitation for consumers. Jim expanded WorldMed's offering to the corporate market adding the company's first 40,000 covered members. Jim also was Vice President of Sales for Andreini and Company where he built a $1 million pipeline for Andreini's Employee Benefits Captive program.

Jim has an undergraduate degree from Swarthmore College and an MBA from Pace University.

To learn more about Risk Strategies, please visit www.riskstrategies.com

About Risk Strategies

Risk Strategies is the 9th largest privately held US brokerage firm offering comprehensive risk management advice, insurance and reinsurance placement for property & casualty, employee benefits, private client services, as well as consulting services and financial & wealth solutions. With more than 30 specialty practices, Risk Strategies serves commercial companies, nonprofits, public entities, and individuals, and has access to all major insurance markets. Risk Strategies has over 100 offices including Boston, New York City, Chicago, Toronto, Montreal, Grand Cayman, Miami, Atlanta, Dallas, Nashville, Washington DC, Los Angeles, and San Francisco. RiskStrategies.com.