Ryan Specialty Acquires AccuRisk Holdings
October 30, 2023
Ryan Specialty (NYSE: RYAN) has signed a definitive agreement to acquire AccuRisk Holdings, a Chicago-headquartered medical stop loss managing general underwriter (MGU) founded in 2017. AccuRisk generated approximately $25 million of revenue for the 12 months ended July 31, 2023; the transaction, terms undisclosed, is expected to close in December 2023 and will expand Ryan Specialty's employee benefits capabilities and product depth.
- Buyers
- Ryan Specialty
- Targets
- AccuRisk Holdings, LLC
- Industry
- Insurance
- Location
- Illinois, United States
- Transaction Type
- Buyout
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