Ryan Specialty to Acquire Assets of MGU Greenhill From Alera

Ryan Specialty said it has signed a definitive agreement to acquire certain assets of Greenhill Underwriting Insurance Services from Alera Group, Inc.

Terms of the deal were not disclosed.

Houston-based Greenhill is a technology-enabled managing general underwriter focused on the allied health industry. The Greenhill team will be a part of Sapphire Blue, Ryan Specialty’s healthcare managing general underwriter.

Founded in 2014, Greenhill is a managing underwriter of small-to-mid-sized allied healthcare policies with a growing portfolio of product offerings. Greenhill underwrites coverages in the surplus lines market for allied healthcare, such as home healthcare and physical therapy, and social service organizations. Greenhill’s business is enabled by a proprietary web-based technology, Triton.

Alera acquired Greenhill in 2022.

Topics Mergers & Acquisitions Insurance Wholesale