Strategic Partnership Petra RMS has recently formed a strategic alliance with Sunstar Insurance Group, demonstrating a willingness to collaborate with specialized insurance providers. This presents an opportunity to offer complementary risk management solutions or additional insurance products to enhance their existing offerings.

Market Position With a robust revenue ranging from 100 million to 250 million and a team of 51 to 200 employees, Petra RMS has a strong market presence in the insurance industry, making it a potential key account for scalable insurance and risk management solutions aiming to support growing middle-market businesses.

Leadership Growth The recent appointment of a Vice President dedicated to middle-market risk management indicates an active focus on expanding their service footprint in this segment, providing an entry point for tailored risk management tools and staffing solutions.

Technology Utilization Utilizing a diverse tech stack including Microsoft 365, Chatra, and Gravity Forms suggests Petra RMS values digital engagement and automation. Offering advanced insurtech integrations or customer engagement platforms could enhance their operational efficiency.

Industry Focus As a full-service risk management firm advising individuals and businesses, Petra RMS's emphasis on personalized insurance planning opens opportunities for customized insurance products, telematics, or data analytics services that cater to their client-centric approach.