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Ardonagh and Amynta Group announce joint venture to acquire AccuRisk Solutions


Ardonagh and Amynta Group announce joint venture to acquire AccuRisk Solutions
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NEW YORK, April 6, 2021 /PRNewswire/  The Ardonagh Group and Amynta Group today announce that they have acquired AccuRisk Holdings LLC, a Chicago-based managing general underwriter specialising in medical stop loss, occupational accident and supplemental health products for small and mid-sized businesses.
Accurisk has grown steadily through organic growth and targeted acquisitions since it was founded in 2017. Its 82 staff operate from offices in Boston, Kansas City, Baltimore, Dallas, Indianapolis, Milwaukee and Phoenix. AccuRisk wrote $137 million of premiums in 2020.
Medical stop loss is bought by employers that self-fund healthcare benefits for their employees. The US medical stop loss market has rapidly expanded from $10 billion in 2010 to $24 billion in 2020, as employers look for alternatives to the fully insured ma ....

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