ANV Group Holdings Ltd. has expanded its US workers’ compensation platform through the acquisition of Specialty Comp Insurance Solutions (SCIS), adding a managing general agent that wrote approximately $250 million in gross written premium during 2025 and specializes in middle-market and hard-to-place risks.
The transaction brings SCIS together with Risico, ANV’s California-based agricultural workers’ compensation MGA, in a platform that spans program underwriting, wholesale distribution and specialty workers’ compensation segments across the United States.
Founded in 2007 and headquartered in Dallas, SCIS focuses on monoline workers’ compensation insurance and serves middle-market employers across a range of industries. The business distributes primarily through wholesale channels and concentrates on risks that are often underserved by the standard market.
SCIS currently manages a diversified portfolio that includes construction, manufacturing and healthcare accounts, while maintaining a significant presence in the temporary staffing sector.
“Adding SCIS alongside Risico, our existing workers comp business, establishes ANV as a leading provider of middle-market workers comp with diversified underwriting expertise and a go-to option for hard-to-place risks,” said Adam Karkowsky, chairman and chief executive officer of ANV.
“Together these businesses form the foundation of a differentiated workers’ compensation platform with real depth across the US market,” Karkowsky added.
The SCIS acquisition follows a series of initiatives announced by ANV during 2026.
In March, the company disclosed a definitive agreement to acquire London-based Iris Insurance Brokers Ltd., subject to regulatory approval. ANV said the transaction would add UK distribution capabilities and provide a platform for launching managing general agents and expanding access to the Lloyd’s market.
In May, ANV launched ANV LaunchPad, an MGA incubator created to support the formation of specialty insurance businesses by providing operational, technology, product development and capacity-placement support to underwriting teams.
SCIS employs 20 people and is led by an executive team with backgrounds in specialty underwriting, actuarial science and program management.
The leadership group includes Steve Math, executive vice president, a fellow of the Casualty Actuarial Society with 35 years of insurance industry experience, including prior leadership roles at Texas Mutual, Argo Group and ACE USA.
Also joining ANV through the acquisition are Alan Wynn, chief operating officer and chief underwriting officer, who spent more than 22 years at Argo Group and most recently served as senior vice president and head of US Commercial Programs; Matthew Feury, senior vice president of underwriting, who has overseen SCIS underwriting strategy since 2012 and brings more than 20 years of specialty workers’ compensation experience from prior positions at QBE, ACE/Chubb and AIG; and Mike Beck, senior vice president and field underwriting officer, who has been involved with the SCIS program since its launch in 2007 and previously held workers’ compensation underwriting and classification roles at QBE North America, ACE/Chubb and NCCI.
ANV acquired SCIS from Specialty Program Group, a subsidiary of Hub International.
"Parting with SCIS is not a decision we took lightly — we very rarely sell businesses. However, faced with a unique set of circumstances, we determined that a sale to ANV was the right path forward for our insureds, broker partners, and employees. ANV’s deep capacity relationship with AmTrust and closely aligned philosophy gave us confidence in this decision, and we look forward to supporting them as a trusted trading partner," said Chris Treanor, president and CEO of Specialty Program Group.
