Ryan Specialty Completes Acquisition of Keystone Risk Partners

Ryan Specialty Group, a leading international specialty insurance firm, completes acquisition of certain assets of Keystone Risk Partners, LLC (“Keystone”), based in Media, PA. Previous announcement dated December 13, 2021.

Source: Ryan Specialty | Published on January 3, 2022

2023 insurance M&As lowest in a decade

Keystone Risk Partners offers a range of alternative risk products and services, including captive consulting and management, as well as marketing or placement services, plus risk mitigation and analytics.

Keystone typically works with agents or brokers and their large commercial insurance clients, to help the client assume a portion of its own risk and gain greater control over long-term costs of insurance.

Keystone’s operations generated around $8 million of revenue for the 12 months ended November 30th 2021.

Terms of the acquisition were not disclosed.

The company offers customised captive insurance and risk management solutions to middle-market insureds as well, especially where the traditional market falls short in its product offering.

About Ryan Specialty Group

Founded in 2010, Ryan Specialty is a rapidly growing service provider of specialty products and solutions for insurance brokers, agents and carriers. Ryan Specialty provides distribution, underwriting, product development, administration and risk management services by acting as a wholesale broker and a managing underwriter. Our mission is to provide industry-leading innovative specialty insurance solutions for insurance brokers, agents and carriers. ryansg.com (NYSE: RYAN) ©2021 Ryan Specialty Group, LLC