First Service Administrators, Inc. (FSAI), a risk manager for the health-care industry and mid- to large-sized public and private employers, has acquired the self-funded division of Fringe Benefits Management Company (FBMC).

FSAI will merge administration of all medical, dental, and vision accounts into its current block of business. The acquisition extends its market reach beyond Florida to include Georgia, New Jersey, New York, Texas, and Arizona. FBMC, acting as a broker, will continue offering self-funded FSAI-administered medical benefits to its national clients.

More information on Lakeland-based FSAI is available at www.myfsai.com.