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  5. Brightstone Specialty Group Acquires RMS Hospitality Group & Fortis Risk Solutions

Brightstone Specialty Group Acquires RMS Hospitality Group & Fortis Risk Solutions

Press release
August 13th, 2025

Move expands Brightstone's insurance practice into franchise food, hospitality & restaurant sectors

 

TRAVERSE CITY, Mich., Aug. 13, 2025 /PRNewswire/ -- Fueling its growing industry-focused offerings of specialized insurance solutions, today, Brightstone Specialty Group ("Brightstone"), a wholly-owned subsidiary of Highstreet Insurance Partners, announced its acquisition of RMS Hospitality Group ("RMS HG") and its sister company, Fortis Risk Solutions ("Fortis"). The acquisitions expand Brightstone's growth and expertise in the franchise food, hospitality & restaurant sectors, advancing its mission to provide the best access to specialty insurance experts and coverage.
 

"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 who focus on providing tailored services and solutions in our communities throughout the United States," said Scott Goodreau, CEO of Brightstone. "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." 
 

As a leading program administrator for insurance in the hospitality industry, RMS HG offers insurance solutions for franchise food (quick service, fast food, family/casual style), hospitality (live music venues, bars, nightclubs, etc.), and restaurants (free-standing, in-hotel, stadium, country club). RMS also handles claims through its third-party administrator, Fortis Risk Solutions.
 

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

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