M&A Deal Summary

Ardonagh Group and The Amynta Group Acquire AccuRisk Solutions

On April 6, 2021, Ardonagh Group and The Amynta Group acquired insurance company AccuRisk Solutions

Acquisition Highlights
  • This is Ardonagh Group’s 4th and The Amynta Group’s 4th transaction in the Insurance sector.
  • This is Ardonagh Group’s 1st and The Amynta Group’s 6th transaction in the United States.
  • This is Ardonagh Group’s 1st and The Amynta Group’s 1st transaction in Illinois.

M&A Deal Summary

Date 2021-04-06
Target AccuRisk Solutions
Sector Insurance
Buyer(s) Ardonagh Group
The Amynta Group
Deal Type Joint Venture

Target

AccuRisk Solutions

Chicago, Illinois, United States
AccuRisk Solutions is a managing general underwriter specializing in medical stop loss, occupational accident, and supplemental health products for small and mid-sized businesses. AccuRisk Solutions was founded in 2017 and is based in Chicago, Illinois.

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Buyer(S) 2

Buyer

Ardonagh Group

Jersey, United Kingdom

Category Company
Founded 2017
Sector Insurance
DESCRIPTION

Ardonagh Group is an independent insurance distribution platform offers a highly diversified range of insurance-related products and services across the full insurance value chain in the UK, Ireland and broader international markets. Ardonagh Group was founded in 2017 and is based in Jersey, United Kingdom.


DEAL STATS #
Overall 4 of 7
Sector (Insurance) 4 of 7
Type (Joint Venture) 1 of 1
State (Illinois) 1 of 1
Country (United States) 1 of 3
Year (2021) 1 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-08-17 Thames Underwriting

Leigh-on-Sea, United Kingdom

Thames Underwriting Ltd. is a specialist MGA providing insurance solutions to brokers across the Construction, Leisure and Commercial sectors. Thames Underwriting is based in Leigh-on-Sea, United Kingdom.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-05-26 BGC Partners - Insurance Brokerage Business

New York, New York, United States

BGC Partners' Insurance Brokerage Business is a provider of insurance services that comprises Ed Broking Group and Besso Insurance (which were recently grouped together under the brand of Corant Global) comprising global wholesale and specialty (re)insurance broker Ed, Lloyd’s broker Besso, aviation specialist Piiq Risk Partners, German marine broker Junge, UK based MGA Globe Underwriting, Australian MGA Epsilon Underwriting, and European MGA Cooper Gay.

Buy $500M
Buyer

The Amynta Group

New York, New York, United States

Category Company
Founded 2018
Sector Insurance
DESCRIPTION

The Amynta Group distributes commercial insurance products through managing general agents, offers niche insurance services through specialty risk managers, and provides extended warranties and other financial protection plans for automotive and consumer products.


DEAL STATS #
Overall 6 of 11
Sector (Insurance) 4 of 8
Type (Joint Venture) 1 of 1
State (Illinois) 1 of 1
Country (United States) 6 of 10
Year (2021) 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-09-02 Houston International Insurance - Workers Compensation Book

Houston, Texas, United States

Houston International Insurance's Workers Compensation Book provide underwriting capacity for the business.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-07-01 Scion Underwriting Services

Dallas, Texas, United States

Scion Underwriting Services operates as an MGA providing specialty casualty insurance solutions to the excess and surplus lines market. Scion Underwriting Services is based in Dallas, Texas.

Buy -