AccuRisk Holdings to be Acquired by Ryan Specialty
October 30 2023 - 4:05PM
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.”
About AccuRisk
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
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Allison Boisvert Marketing Director
aboisvert@accurisksolutions.com
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