Ryan Specialty is to acquire certain assets of ACE Benefit Partners (ACE), a medical stop loss agent. The mandate is expected to close in July 2023.
Founded in 2014, ACE is based in Eagle, Idaho and specialises in medical stop loss and large group life and disability
Ryan Specialty is an international specialty insurance firm that provides solutions for brokers, agents and insurance carriers.
Commenting on the proposed acquisition, Pat Ryan, CEO of Ryan Specialty, says: “The ACE team have proven to be experts in the field of medical stop loss insurance, a foundational benefits solution.
He adds: “We’re excited to partner with ACE to assist retail brokers and third-party administrators in creating optimal insurance structures on behalf of their clients.”
