AchieveNext® and The CFO Alliance Announce Strategic Partnership with Risk Cooperative and Ridge Global
A partnership that will introduce risk advisory and risk management services to a growing portfolio of solutions designed to support corporate excellence.
PHILADELPHIA, PA – JUNE 01, 2017 -AchieveNext® today announced a strategic partnership with Risk Cooperative and Ridge Global that will introduce risk advisory and risk management services to its growing portfolio of solutions designed to support corporate excellence. AchieveNext® is the parent company of the CFO Alliance, a professional community of more than 6,500 Chief Financial Officers from middle-market companies across North America ranging from $10 million to over $1 billion in revenue.
Risk Cooperative is a strategy, insurance, and risk advisory firm, able to design, originate, and place all classes of insurance across the U.S. and around the world. Ridge Global, founded and chaired by Tom Ridge, the first U.S. Secretary of Homeland Security and the 43rd Governor of Pennsylvania, rounds out this unique suite of solutions with advisory, education, and technology services focused on risk, readiness, and resilience. The combined solution set seeks to enhance levels of risk readiness, and provide a broader suite of risk transfer options to middle market and emerging companies conducting business around the globe, leveraging the Alliance’s economies of scale and diversification.
Risk Cooperative and Ridge Global have joined forces with AchieveNext® and CFO Alliance to curate a wide range of unique solutions, leveraging the economies of scale of the wider community, while addressing the key concerns of middle-market and emerging company CFOs. Solutions now available to CFO Alliance members will encompass innovative approaches to cyber risk, business continuity, and solutions that help these enterprises control and contain the total cost of risk (TCOR).”
As true leaders, when it comes to global risks and insurance, Risk Cooperative and Ridge Global fill an important void in our value proposition, which recognizes that the CFO is both the first and often the last line of defense when it comes to organizational resilience. This partnership will help us bring imagination and scale to the types of solutions our members struggle to find in the open market. With Risk Cooperative and Ridge Global by our side, we are confident in our ability to add institutional value to our member firms, and to enhance personal readiness among our member CFOs”, said Nick Araco, Chairman and CEO of CFO Alliance parent company, AchieveNext®.
As a licensed insurance brokerage across all classes of risk, Risk Cooperative is strategically positioned to challenge conventional risk-transfer strategies as a value-adding partner to the network.
“We are truly honored to serve as a strategic partner to AchieveNext®, and as a frontline implementing partner to the CFO Alliance community. Risk knows no boundaries, especially in our times, and no one recognizes this vulnerability more than the CFO, who is at once, the chief risk officer as well as the head of finance for their organization. The ability to bring our very best thinking and solutions to this community will help enhance overall resilience for middle market firms, which are the engine of a vibrant economy. Our goal is not singularly to offset complex enterprise risks like cyber-threats or political risk, it is also very much focused on enabling rapid growth by harnessing risk as a catalyst,” said Dante Disparte, CEO of Risk Cooperative and Ridge Global. A recognized thought leader on risk and resilience, Disparte will serve as the chair and lead curator of CFO Alliance’s member-facing risk solutions.
The partnership underscores a deep commitment to building one of the world’s most unique professional and enterprise membership networks, focused on individual professional readiness and organizational resilience. The suite of risk solutions being designed and curated by Risk Cooperative and Ridge Global supports CFO Alliance mission: to provide value across the entire spectrum of human capital, the enterprise financial lifecycle, and strategic risk management.
AchieveNext, LLC is a boutique career, executive, and board services firm serving both public and private, predominantly mid-market corporations and organizations in North America. AchieveNext® also operates professional and executive communities including the 6,500+ member CFO Alliance. For more information, visit AchieveNext® at http://www.AchieveNext.com.
About Risk Cooperative
Risk Cooperative is a specialized strategy, risk, and insurance advisory firm licensed to originate, place, and service innovative risk-transfer and insurance solutions in all 50 states, D.C. and Puerto Rico. Risk Cooperative helps organizations address risk, readiness, and resilience through a comprehensive service and solution offering, in partnership with leading insurance companies and value-adding partners. Headquartered in Washington, D.C., alongside its partner Ridge Global, Risk Cooperative brings together three, often separate disciplines of strategy, risk, and investment to unlock value from risk. For more information visit http://www.RiskCooperative.com.
About Ridge Global
Cyber attacks, natural disasters, global terrorism, and crime. 21st Century leaders across every sector face the specter and reality of disruption and destruction every day. Founded by Tom Ridge, the first U.S. Secretary of Homeland Security and 43rd Governor of Pennsylvania, Ridge Global works with C-suite and board executives around the world to reduce enterprise risk, to mitigate cyber challenges, and to build more resilient organizations through innovative preparedness, protection, response and education capabilities. For more information, visit http://www.RidgeGlobal.com.
Working together under the banner of Risk, Readiness, and Resilience, Ridge Global and Risk Cooperative are working to bring comprehensive risk management solutions to market. The companies formally integrated strategic leadership and operations in 2017.