By Ben Glickman
Ryan Specialty Holdings will acquire medical stop-loss managing general underwriter AccuRisk Holdings.
The Chicago-based international specialty insurance firm didn’t give terms of the deal, which is expected to close in December.
Ryan Specialty Chief Executive Patrick Ryan said the deal would help the two companies “accelerate the rate of innovation in the employee benefits industry.”
The company said AccuRisk generated about $25 million in revenue in the year ended July 31.
Write to Ben Glickman at ben.glickman@wsj.com
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