Steve Ryland is responsible for originating and executing Retrospective solutions for new and existing clients. This involves evaluating the benefits of the different structured solutions and providing strategic advice that matches the client’s business objectives. The motivation for using these products has changed considerably over recent years.
Today insurance and reinsurance carriers use these products to optimize business performance. The benefits include releasing capital allocated to reserves on back book underwriting years, freeing up capital that improves Return on Equity, providing capital for growth or providing dividend or capital repatriation to Group. It also can provide a P&L profit by obtaining a premium less than reserves. In addition, the product simplifies the operating model, reducing operating costs and providing back-year results certainty ensuring stable forward results. Retrospective Solutions includes Loss Portfolio Transfers (“LPT”), Adverse Development Covers (“ADC”), Reinsurance to close (“RITC”) and non-core or discontinued entity sales. Other finality solutions like Part Vii’s, European transfers and IBT’s can be executed.
Steve was previously Group Chief Commercial Officer and Group Head of Global Distribution at Catalina Holdings Bermuda, Catalina UK CEO and EVP and member of management at the Amour Group. Prior to that Steve was an Executive at PRO Insurance Solutions (the former service entity of Swiss Re) leading Global Business Development from its launch. Steve has closed over sixty transactions in multi jurisdictions and has 35 years of insurance, reinsurance, and consulting experience.
He is a Chartered Practitioner with the Chartered Insurance Institute.
Transaction Overview
On December 31, 2025, Goodlife Solutions, Inc., the intermediate holding company of Blue Cross Blue Shield of Nebraska, Inc. (“BCBSNE”), completed a $100 million Senior Term Loan offering. BCBSNE is the leading health insurance provider in Nebraska, and the proceeds from the Senior Term Loan will be down streamed to BCBSNE in the form of a surplus note. This additional surplus will further strengthen BCBSNE’s already solid financial position as it advances its growth strategy across government programs.
BCBSNE is a member of the Blue Cross Blue Shield Association, which is comprised of over 30 plans and collectively provides healthcare coverage to nearly one third of all Americans. Founded in 1939, BCBSNE is the leading health insurer for group markets in Nebraska. The company generates approximately $2.6 billion in annual revenue and serves more than 600,000 members.
The Senior Term Loan was privately placed by a syndicate led by Synovus Bank.
Acrisure Re Corporate Advisory and Solutions (“ARCAS”) served as exclusive financial advisor to BCBSNE for this transaction.
Client Testimonial
“Acrisure’s responsiveness and reputation helped make this deal possible. Their preliminary work, connections, and due diligence guided us through our search for top quality partners that met our needs at favorable terms. Tom and his team walked with us through the entire process and helped us find the right deal and the right fit for our needs. I highly recommend Acrisure for anyone looking for a trusted advisor in this space.”
Acrisure Re Corporate Advisory & Solutions
ARCAS served as the exclusive financial advisor to Blue Cross Blue Shield of
Nebraska, providing: