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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