Paragon's Reel Media Acquires WISE Risk
May 6, 2025
Reel Media Insurance Services, the specialty media and contingency MGA owned by Paragon Insurance Holdings, has acquired WISE Risk, a Needham, Massachusetts-based wholesale broker specializing in event, entertainment and sports insurance. The acquisition expands Reel Media's specialty product suite and capabilities across event cancellation, non-appearance, weather, sports disability and other contingency lines to better serve entertainment, sports and live-event clients.
- Buyers
- Reel Media Insurance Services, LLC, Paragon Insurance Holdings, LLC
- Targets
- WISE Risk
- Platforms
- Reel Media Insurance Services, LLC
- Industry
- Insurance
- Location
- Massachusetts, United States
- Transaction Type
- Addon
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