In 2019, Specialty Program Group acquired the assets of Risk Advisors of America, L.L.C. (RAA), a retail insurance agency. Based in Orlando, Florida, RAA is a hospitality focused insurance distribution platform.
Risk Advisors of America provides risk and insurance coverage for the restaurant industry and is one of the largest hotel insurance brokers in the country. RAA’s approach to risk management is designed around technology and leverages a proprietary risk management platform.
Insurance coverage for:
- Franchised Hotels
- Resorts and Boutique Hotels
- Hotel Management Companies
- Hotel Condominiums
- Restaurants, including casual and fine dining, as well as fast food
- Risk management through a proprietary technology platform, RiskAdvisor360