M&A Deal Summary

Ryan Specialty Group Acquires AccuRisk

On October 30, 2023, Ryan Specialty Group acquired insurance company AccuRisk

Acquisition Highlights
  • This is Ryan Specialty Group’s 21st transaction in the Insurance sector.
  • This is Ryan Specialty Group’s 16th transaction in the United States.
  • This is Ryan Specialty Group’s 1st transaction in Illinois.

M&A Deal Summary

Date 2023-10-30
Target AccuRisk
Sector Insurance
Buyer(s) Ryan Specialty Group
Deal Type Add-on Acquisition

Target

AccuRisk

Chicago, Illinois, United States
AccuRisk is a medical stop loss managing general underwriter. AccuRisk was founded in 2017 and is based in Chicago, Illinois.

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Buyer(S) 1

Buyer

Ryan Specialty Group

Chicago, Illinois, United States

Category Company
Founded 2010
Sector Insurance
Employees4,401
Revenue 2.1B USD (2023)
DESCRIPTION

Ryan Specialty Group is an international specialty insurance organization, which includes a wholesale brokerage firm (RT Specialty) and an underwriting management organization (RSG Underwriting Managers), comprised of 22 individual underwriting companies. Ryan Specialty Group was formed in 2010 and is based in Chicago, Illinois.


DEAL STATS #
Overall 21 of 24
Sector (Insurance) 21 of 22
Type (Add-on Acquisition) 16 of 19
State (Illinois) 1 of 1
Country (United States) 16 of 17
Year (2023) 4 of 5
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2023-06-06 ACE Benefit Partners

Eagle, Idaho, United States

ACE Benefit Partners is a medical stop-loss general agent. ACE Benefit Partners was founded in 2014 and is based in Eagle, Idaho.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2023-12-21 Castel

London, United Kingdom

Castel is a managing general underwriting (MGU) platform that consists of thirteen unique MGUs, each of which has expertise in a specific product niche. Together, the MGUs represent a distinctive and diverse portfolio of underwriting expertise including transactional liability, renewable energy, construction, and marine, among other specialty lines of business. Castel is absed in London.

Buy -