Ryan Specialty announced it has signed a definitive agreement to acquire certain assets of Point6 Healthcare, LLC (“Point6”), a distributor of medical stop loss insurance, pharmacy solutions, and complex claims management on behalf of retail brokers and third party administrators. Point6 is based in Plano, Texas.
Discussing their benefits strategy, Pat Ryan, Founder, Chairman & CEO of Ryan Specialty said, “Point6 and their talented team will provide foundational benefits capabilities to Ryan Specialty. With this cornerstone competence and expertise, Ryan Specialty will make it possible for retail brokers and third party administrators to access leading healthcare solutions on behalf of their clients.”
Terms of the transaction were not disclosed. The acquisition is expected to close in July 2023.
Topics Mergers & Acquisitions Texas
Was this article valuable?
Here are more articles you may enjoy.
Farmers Looks to Make it Easier for Consumers to Understand Insurance 
Two Years in, Ortiz Steps Down as CEO of Florida Re 
FDA Walks Back Positive Lab Test in Lettuce Cyclospora Outbreak 
Q2 Net Income at Travelers Soars 46% on Less Catastrophes, Favorable Reserves 
