Symetra Financial, an investment manager in Bellevue, Wash., has agreed to buy Medical Risk Managers Inc. of South Windsor, Conn.
Symetra, which said it made the deal to improve its medical stop-loss coverage, provides employee benefits, retirement plans, annuities, life insurance, and medical stop-loss coverage.
Medical Risk Managers, which is to remain in South Windsor as a subsidiary of Symetra, is a general underwriter and health-care network consulting firm. The deal, announced Wednesday, is expected to close this quarter. The price was not disclosed.
