Ryan Specialty Signs Definitive Agreement To Acquire Point6 Healthcare
Summary
CHICAGO--(BUSINESS WIRE)--Ryan Specialty (NYSE: RYAN), a leading international specialty insurance firm, is pleased to announce 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. 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.” John Zern, President & CEO of Ryan Specialty Benefits, commented, “Point6 has built a solution set that is mission-critical for retail brokers and third-party administrators seeking to help their clients in “bending the cost curve”. Point6 addresses fundamental pain points for self-funded employers: financial certainty, drug pricing, and complex claims. These forward-looking statements reflect Ryan Specialty’s current intentions, expectations or beliefs regarding the proposed acquisition of Socius. Ryan Specialty does not undertake any obligation to publicly update or review any forward-looking statement, whether as a result of new information, future developments, or otherwise.