Houlihan Lokey Advises AccuRisk

Houlihan Lokey is pleased to announce that AccuRisk Holdings, LLC (AccuRisk), a medical stop loss managing general underwriter, has been acquired by Ryan Specialty LLC (NYSE:RYAN; Ryan Specialty), a leading international specialty insurance firm. Terms of the transaction were not disclosed. The acquisition closed on December 1, 2023.

AccuRisk is a leader in health solutions innovation that offers traditional insurance products alongside advanced risk mitigation solutions. Its national footprint allows it to tailor its innovations to meet the unique needs of its clients. From underwriting, data analytics, and claims and policy administration to distribution and comprehensive benefit plan design, AccuRisk is driven to bring its clients reliable, best-in-market services.

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.

Houlihan Lokey served as the exclusive financial advisor to AccuRisk and assisted in marketing, structuring, and negotiating the transaction.