Reel Media completed the acquisition of WISE Risk.

Reel Media, a Paragon Insurance-owned specialty media and contingency platform, completed the acquisition of WISE Risk, a wholesaler for event-driven and specialty insurance products. Financial terms were not disclosed. "WISE Risk brings an entrepreneurial energy and a clear grasp of where demand is heading in the sports, entertainment and event insurance markets, strengthening Reel Media’s ability to deliver tailored coverage. Reel Media’s acquisition of WISE Risk underscores our collective commitment to investing in innovative partners who will help drive growth going forward," Ron Ganiats, Paragon CEO.