Brightstone Specialty Group Expands Insurance Portfolio with Acquisitions

Brightstone Specialty Group Expands Insurance Portfolio with New Acquisitions

Brightstone Specialty Group, a fully-owned subsidiary of Highstreet Insurance Partners, has made a significant move to fortify its position in the specialized insurance market. On August 13, 2025, the company announced its acquisition of RMS Hospitality Group and Fortis Risk Solutions, effectively extending its reach within the franchise food and hospitality sectors. This strategic acquisition aligns with Brightstone's mission to provide high-quality access to insurance expertise and tailored solutions across various industries.

Growing Expertise in Hospitality Insurance

The acquisition of RMS Hospitality Group marks a pivotal moment for Brightstone as it seeks to enhance its service offerings in the hospitality industry. RMS is recognized as a leading program administrator specializing in insurance for quick-service restaurants, family dining, bars, nightclubs, and other hospitality venues. This addition to Brightstone's portfolio is anticipated to empower the company with deeper insights and tailored services aimed at meeting the unique needs of the hospitality sector.

Scott Goodreau, the CEO of Brightstone, expressed his enthusiasm regarding the merger: "We are thrilled to have the RMS HG and Fortis teams join Brightstone as we continue to build a platform for recognized specialty insurance innovators and leaders. Increasing our offerings and expertise in the hospitality industry with this acquisition will further allow Brightstone to provide our customers with the competitive and comprehensive insurance coverage we are known for."

Alongside RMS, Fortis Risk Solutions will play a critical role in managing claims through its efficient third-party administration services. This synergy between the two entities is expected to create a robust support system for clients in the hospitality field, providing them with seamless claims processing and tailored insurance solutions.

Commitment to Specialized Insurance Solutions

Brightstone is committed to understanding and addressing the specific risks associated with the hospitality sector. The company's mission revolves around offering superior insurance solutions that cater to diverse clientele, ensuring they have access to the best coverage options available. By integrating RMS and Fortis into its framework, Brightstone reinforces its dedication to creating custom insurance products that meet the evolving needs of its clients.

Mark Derrenberger, President of RMS HG, echoed the positive sentiment about the acquisition, stating, "We are elated to be part of the Brightstone family serving the hospitality sector across the nation. Brightstone provides the opportunity to be part of a team where we leverage each other's strengths to better serve our communities."

Future Prospects

With this acquisition, Brightstone Specialty Group solidifies its status as a key player in the specialized insurance market, particularly within the hospitality and franchise food sectors. The company aims to leverage the expertise and resources from both RMS and Fortis to enhance its service delivery, ensuring that clients receive comprehensive and competitive insurance options tailored to their specific requirements.

Brightstone's strategic growth initiatives confirm its commitment to staying at the forefront of the insurance industry, while also maintaining a focus on the unique needs of its clients. By fostering partnerships and incorporating specialist teams into its structure, Brightstone Specialty Group is poised for continued expansion and innovation in providing high-quality insurance solutions.

For more information about Brightstone Specialty Group and its services, visit www.brightstonesg.com.