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Ryan Specialty agrees to buy AccuRisk

Ryan Specialty LLC said Monday it has signed a definitive agreement to acquire AccuRisk Holdings LLC, a medical stop loss managing general underwriter.

Terms of the transaction were not disclosed. The deal is expected to close in December.

Chicago-based AccuRisk, which was founded in 2017, generated about $25 million in revenue for the 12 months ended July 31, Ryan Specialty said in its announcement.