Ryan Specialty, a leading international specialty insurance firm, is pleased to announce it has signed a definitive agreement to acquire the Property and Casualty (“P&C”) MGUs owned by Ethos Specialty Insurance, LLC (“Ethos P&C”) from Ascot Group Limited (“Ascot Group”).
Tag: Ryan Specialty
Ryan Specialty to Implement Leadership Succession Plan in October 2024
Under the plan, Patrick G. Ryan, the Company’s Founder, Chairman, and Chief Executive Officer, will transition to the role of Executive Chairman, and Timothy W. Turner, President of Ryan Specialty and Chairman and CEO of Ryan Turner Specialty (“RT Specialty”), will become Chief Executive Officer.
Ryan Specialty’s Revenue Climbs 22.5% in Q4
Ryan Specialty Holdings, Inc. reported that its total revenue in the fourth quarter of 2023 grew 22.5% to $532.9 million, compared to $435 million in the prior-year quarter.
Ryan Specialty Expands Renewable Energy Insurance Offering with New MGU
International specialty insurance firm, Ryan Specialty, has expanded its renewable energy insurance offering on a global basis with PERse International, a managing general underwriter (MGU) based in London.
Ryan Specialty Expands European MGU Reach with London-Based Castel Purchase
Ryan Specialty agreed to acquire managing general underwriting platform Castel Underwriting Agencies Ltd. from Arch Financial Holdings (UK) Ltd., expanding Ryan’s MGU capabilities in London and Europe.
Ryan Specialty Forms International Financial Lines Managing General Underwriter Ryan Financial Lines
Ryan Financial Lines is being designed to offer clients and capital providers a wide-ranging, single platform of financial lines products.
Ryan Specialty Signs Definitive Agreement to Acquire Socius Insurance
Ryan Specialty, a leading international specialty insurance firm, is pleased to announce that it has signed a definitive agreement to acquire Socius Insurance Services, a national wholesale insurance broker headquartered in Northern California,
Ryan Specialty Creates Global Transactional Risk Practice
Ryan Specialty is pleased to announce the formation of its global transactional risk practice, Ryan Transactional Risk.
Ryan Specialty Acquires Griffin Underwriting Services
Ryan Specialty announced the acquisition of certain assets of Griffin Underwriting Services, a binding authority specialist and wholesale insurance broker.
Ryan Specialty and Nationwide Build Upon Joint Venture Relationship
Ryan Specialty is pleased to announce a new strategic arrangement with US-based Nationwide to support innovation and address needs in the specialty insurance marketplace. The companies remain parties to a joint venture first entered into in May 2019 that established Bermuda-based reinsurer, Geneva Re Ltd. Expanding on their strong relationship, this new strategic arrangement provides… Continue reading Ryan Specialty and Nationwide Build Upon Joint Venture Relationship