Ryan Specialty will acquire MGU Greenhill assets 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-managed general insurance company focused on the allied health industry. The Greenhill team will be part of Sapphire Blue, Ryan Specialty Healthcare’s managing general agent.

Founded in 2014, Greenhill is a small and mid-sized allied healthcare policy management insurer with a growing portfolio of product offerings. Greenhill provides coverage in the excess lines market for allied health care such as home health care and physical therapy and social service organizations. Greenhill’s business is powered by a proprietary web-based technology, Triton.

Alera acquired Greenhill in 2022.

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Wholesale M&A Insurance