AccuRisk Solutions LLC (“AccuRisk”) announced today that it has joined the Ardonagh Group and will operate within Ardonagh’s Global Partners Segment.
Together with Amynta Group, the Ardonagh Group has acquired a majority share of AccuRisk as part of its international growth strategy to invest in leading platforms in attractive markets and
product verticals outside of the UK and Europe.
AccuRisk has increased their marketshare and industry footprint through organic growth and targeted acquisitions since it was founded in 2017. Its 82 person staff operates from offices in
Boston, Kansas City, Baltimore, Dallas, Indianapolis, and Phoenix and last year wrote $137m of premiums.
Medical stop loss has rapidly expanded in the US as employers look for alternatives to the fully insured market. AccuRisk has also expanded into the Captive and Ancillary service lines as
these markets have significant growth opportunities in the US.
AccuRisk CEO Dan Boisvert said: “The AccuRisk team is excited about becoming a part of Ardonagh Global Partners.
“We have high expectations with respect to the future growth of the company and feel the combination of Ardonagh and Amynta support will allow us to realize those expectations. We will look
forward to the next step in the journey backed by the scale and resources of a Global top 20 Broker.
“Our team’s success is driven by our focus on creating and bringing innovative products to market that meet a very real customer demand. More than half the US workforce is currently enrolled
in a self-funded health plan, and we anticipate further growth as employers look to create customized and affordable health insurance plans.”
CEO David Ross said: “We’re delighted to be entering the US market with the acquisition of AccuRisk. They are proven leaders with a desire to drive the best results for their clients. Their data
driven focus is designed to provide the next generation of healthcare solutions to their distribution partners. We’re incredibly excited that they have chosen to partner with us to fuel the next
chapter of their journey.”