Ryan Specialty Group Climbs in Debut After $1.34 Billion IPO

Ryan Specialty

Ryan Specialty Group Holdings Inc., the insurance company led by Aon Corp. founder Patrick G. Ryan, rose 17% in its trading debut after raising $1.34 billion in an initial public offering. Shares of Chicago-based Ryan Specialty Group closed Thursday at $27.50, giving it a market value of about $7 billion. The company sold almost 57… Continue reading Ryan Specialty Group Climbs in Debut After $1.34 Billion IPO

RSG Finalizes Acquisition of Atlantic Specialty Lines, Inc.

2023 insurance M&As lowest in a decade

Ryan Specialty Group, LLC, is pleased to announce that it acquired the assets and operations of Atlantic Specialty Lines, Inc. (ASL) on June 1, 2019. ASL is headquartered in Richmond, VA and has additional locations in Illinois, Florida, Louisiana, New York, Pennsylvania and Texas. The ASL team is now a part of R-T Specialty, LLC… Continue reading RSG Finalizes Acquisition of Atlantic Specialty Lines, Inc.

Aspen Re Names Dunleavy CUO, Promotes Emblin, As Isaavi Departs for RSG

Aspen losses due to Baltimore Bridge collapse

Aspen Re, the reinsurance underwriting arm of specialty firm Aspen Insurance Holdings Limited, has a new Chief Underwriting Officer (CUO) in Christian Dunleavy, as the current CUO Emil Issavi is departing for Ryan Specialty Group (RSG). In a somewhat unusual joint press release, Aspen and RSG announced the move of Isaavi, who was President, Chief… Continue reading Aspen Re Names Dunleavy CUO, Promotes Emblin, As Isaavi Departs for RSG

RSG Announces Agreement to Acquire Atlantic Specialty Lines, Inc

Chubb buys General Aviation Insurance

Ryan Specialty Group, LLC, is pleased to announce that it has reached an agreement to acquire the assets and operations of Atlantic Specialty Lines, Inc. (ASL), a privately owned wholesale insurance brokerage. ASL is headquartered in Richmond, VA and has additional locations in Illinois, Florida, Louisiana, New York, Pennsylvania and Texas. The ASL team will… Continue reading RSG Announces Agreement to Acquire Atlantic Specialty Lines, Inc

Ryan Specialty Acquires Oklahoma P&C Broker Westphalen

Ryan Specialty

Ryan Specialty Group (RSG), a specialty insurance services business based in Chicago, has acquired the assets and operations of Westphalen Insurance Services, an independent wholesale insurance brokerage based in Oklahoma. The business will become part of R-T Specialty (RT Specialty), the wholesale brokerage unit of Ryan Specialty Group, and will establish the company’s presence in… Continue reading Ryan Specialty Acquires Oklahoma P&C Broker Westphalen

RSG Announces Acquisition of Boston Insurance Specialists

2023 insurance M&As lowest in a decade

Ryan Specialty Group (RSG) has announced the acquisition of Boston Insurance Specialists (BIS), a family-owned wholesale insurance brokerage with offices in Mansfield and Westfield, MA. BIS was founded in 2001 by Debbie Murphy and Peggy Giancola. The independent brokerage represents and has binding authority with some of the top excess & surplus lines carriers in… Continue reading RSG Announces Acquisition of Boston Insurance Specialists