Business

Ardonagh forms joint venture with Amynta to acquire AccuRisk

Accurisk is a managing general underwriter specialising in medical stop loss, occupational accident and supplemental health products for small and mid-sized businesses

The Ardonagh Group has announced a joint venture with Amynta Group to acquire AccuRisk Holdings for an undisclosed sum.

Accurisk is a Chicago-based managing general underwriter specialising in medical stop loss, occupational accident and supplemental health products for small and mid-sized businesses.

Its 82 staff from offices in Boston, Kansas City, Baltimore, Dallas, Indianapolis, Milwaukee and Phoenix will operate within Ardonagh’s Global Partners segment.

Commenting on the acquisition, Dan Boisvert, CEO AccuRisk, said: “This is a really exciting moment for the company and we’re incredibly proud to become part of the Ardonagh and Amynta portfolios.

“Our team’s success is driven by our focus on creating and bringing innovative products to market that meet a very real customer demand.”

David Ross, CEO, Ardonagh Group, added: “Dan’s team 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.”

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