CHICAGO--(BUSINESS WIRE)--AccuRisk Holdings LLC (“AccuRisk”), a Chicago based, medical stop loss managing general underwriter (MGU) is pleased to announce that it has signed a definitive agreement to be acquired by Ryan Specialty (NYSE: RYAN), a leading international specialty insurance firm.
Dan Boisvert, President & CEO of AccuRisk, said, “We are excited to be joining the Ryan Specialty team. AccuRisk and Ryan Specialty Benefits have a common mission to transform the Healthcare Finance and Health Insurance markets by providing integrated health solutions to our broker and TPA clients. The acquisition will allow us focus on that vision and to enter the next stage of our corporate growth.”
Mr. Boisvert also commented, “I would like to thank Ardonagh Global Partners and the Amynta Group for their stewardship and support up to date. Their support allowed us to continue our corporate growth and become one of the largest independent employee benefits MGUs in the country.”
Kevin Eagan, AccuRisk Chief Financial Officer added, “From inception, AccuRisk has remained markedly focused on listening to our clients and developing solutions centered around servicing their needs. This approach has facilitated the deep and meaningful relationships we have today with our valued clients, carriers, vendors, and employees. Partnering with Ryan Specialty further positions AccuRisk for continued long-term success through the size, scale, and financial strength Ryan Specialty is certain to bring to our valued partnerships.”
John Zern, President & CEO of Ryan Specialty Benefits, commented, “AccuRisk adds exceptional talent, unique capabilities, and product depth to our employee benefits practice. AccuRisk’s offerings include medical stop loss underwriting, group captives, supplemental health care management, and occupational accident. AccuRisk’s deep expertise, combined with the breadth of its the product offering, gives Ryan Specialty the capabilities to holistically service our retail broker and TPA clients. I look forward to collaborating with Dan as a part of the team to deliver innovative solutions on a nationwide basis.”
AccuRisk Holdings is a leader in health solutions innovation that offers traditional insurance products alongside advanced risk mitigation solutions. Our national footprint allows us to tailor our innovations to meet the unique needs of our clients. From underwriting, data analytics, claims and policy administration, distribution, to comprehensive benefit plan design, we’re driven to bring our clients reliable, best-in-market services. Learn more at accurisksolutions.com
About Ryan Specialty
Founded in 2010, Ryan Specialty is a service provider of specialty products and solutions for insurance brokers, agents, and carriers. Ryan Specialty provides distribution, underwriting, product development, administration, and risk management services by acting as a wholesale broker and a managing underwriter with delegated authority from insurance carriers. Ryan Specialty’s mission is to provide industry-leading innovative specialty insurance solutions for insurance brokers, agents and carriers. ryanspecialty.com