Ryan Specialty Expands in Texas with Purchase of Myron Steves

Ryan Specialty Group LLC said Friday it has agreed to acquire the assets and operations of Houston-based wholesale insurance brokerage Myron F. Steves & Co., expanding its presence in Texas.

Published on February 15, 2019

Ryan Specialty

Terms of the transaction were not disclosed.

In a statement, Chicago-based Ryan Specialty Group said the Myron Steves team will become part of its wholesale brokerage unit R-T Specialty LLC and will strengthen its presence in Dallas and Houston while establishing offices in Austin and San Antonio, Texas.

Founded in 1955, Myron Steves offers commercial property/casualty, professional liability, health care, transportation and personal lines, said Ryan Specialty in the statement.