Latest RT Specialty Headlines
All the headlines from our RT Specialty Topic Page, ordered by recency.
Ryan Specialty Group to Acquire Texas’ Myron F. Steves & Co.
Feb 15 2019 // Chicago-based Ryan Specialty Group has agreed to acquire the assets and operations of Myron F. Steves & Co., an independently owned wholesale insurance brokerage headquartered in Houston, Texas, with additional offices...
MGU Lodestar Marine and Aspen Insurance Form Agreement to Provide P&I Cover
Feb 13 2019 // Lodestar Marine, the London-based managing general underwriter, announced an agreement with Aspen Insurance to provide protection & indemnity insurance (P&I) to the owners and managers of small and specialized...
Ryan Specialty to Acquire International Specialty Insurance Services of North Carolina
Feb 13 2019 // Ryan Specialty Group, LLC has reached a definitive agreement to acquire the assets and operations of International Specialty Insurance Services Inc. (ISI), an independently owned managing general underwriter with offices...
Ryan Specialty Group to Acquire Oklahoma’s Westphalen Insurance Services
Feb 12 2019 // Chicago-based Ryan Specialty Group LLC has reached a definitive agreement to acquire the assets and operations of Westphalen Insurance Services Inc. (Westphalen), an independently owned wholesale insurance brokerage...
Ryan Specialty Group Acquires Assets, Operations of Boston Insurance Specialists
Feb 4 2019 // Ryan Specialty Group LLC (RSG) has acquired the assets and operations of Boston Insurance Specialists Inc. (BIS), an independently owned wholesale insurance brokerage with offices in Mansfield and Westfield, Mass. Terms of...
Ryan Specialty Group Reaches Agreement to Acquire Boston Insurance Specialists
Jan 25 2019 // Ryan Specialty Group LLC has reached a definitive agreement to acquire the assets and operations of Boston Insurance Specialists Inc. (BIS), an independently owned wholesale insurance brokerage with offices in Mansfield...
Ryan Specialty Group Acquires New York’s Superior Payment Plan
Dec 19 2018 // Ryan Specialty Group LLC (RSG) has acquired the assets and operations of Superior Payment Plan LLC, a premium finance company based in Depew, N.Y. Terms of the agreement were not shared. Following the transaction,...
RSG’s ThinkRisk Becomes Part of EmergIn Risk
Nov 9 2018 // RSG Underwriting Managers is merging two of its managing general underwriter teams, EmergIn Risk and ThinkRisk. The teams will operate under the EmergIn Risk brand going forward. Reza Khan, based in New York, will lead the...
Patrick Ryan Hails Program Business Amid Retail Consolidation, Moves Toward MGAs
Nov 8 2018 // Target Markets Program Administrator Association Industry Keynote Speaker Patrick G. Ryan, founder, chairman and CEO, Ryan Specialty Group, addressed attendees at the group’s 18th Annual Summit on Oct. 22., in...
Business Moves
Sep 3 2018 // The Hilb Group, Southern Maryland Insurance The Hilb Group LLC has acquired Southern Maryland Insurance Inc. The transaction became effective July 1. Located in Bowie, Md., SMI is primarily a property/casualty insurance...
RSG Completes Acquisition of Certain Assets of New York’s ARC Specialty Brokerage
Aug 2 2018 // Ryan Specialty Group LLC (RSG) has completed its acquisition of certain assets of ARC Specialty Brokerage LLC, the property and casualty division of ARC Excess & Surplus LLC, a wholesale insurance brokerage based in...
RSG to Acquire Certain Assets of New York’s ARC Specialty Brokerage
Jul 30 2018 // Ryan Specialty Group LLC (RSG) and ARC Excess & Surplus LLC (ARC) have entered into a definitive agreement in which RSG will acquire certain assets of ARC Specialty Brokerage LLC, the P&C Division of ARC, a...
Amwins’ Davies Tapped to Lead New Property Underwriting Facility for Ryan Specialty Group
Jun 20 2018 // Chicago-based Ryan Specialty Group LLC (RSG) has named Katie Davies as president and CEO of a new, yet-to-be-named property catastrophe managing underwriting facility that will be exclusive to RT Specialty. Company...
Ryan Specialty Group Gets $175 Million Investment from Private Equity Firm Onex
Jun 4 2018 // Chicago-based Ryan Specialty Group said Onex Corp. has invested $150 million of preferred equity and $25 million of common equity as capital for RSG to continue its mergers and acquisitions activity. No other terms of the...
Ryan Specialty Completes Acquisition of Lodestar Marine of London
Jun 4 2018 // Ryan Specialty Group has completed its acquisition of Lodestar Marine Limited of London. Within RSG, Lodestar’s operations are a part of RSG Underwriting Managers, the managing general underwriting division of Ryan...
RSG Completes Acquisition of New Jersey’s New Day Underwriting Managers
Apr 3 2018 // Ryan Specialty Group LLC (RSG) has completed its acquisition of the assets and operations of New Day Underwriting Managers LLC (New Day), a specialty intermediary with offices in Hamilton, N.J. New Day was founded in 2005...
Business Moves
Apr 2 2018 // Alliant, Hecht & Hecht Alliant Insurance Services Inc. has acquired Portland, Ore.-based Hecht & Hecht’s property/casualty insurance services. The deal will bring Hecht & Hecth’s P/C insurance...
Smooth Waters Forms Agreement with National Cargo Bureau
Mar 14 2018 // Smooth Waters, LLC, a subsidiary of RSG Underwriting Managers, LLC (RSGUM), has entered into an engineering service agreement with the National Cargo Bureau, Inc. (NCB) to offer marine loss prevention and claims services...
Business Moves
Mar 5 2018 // Paragon Insurance Holdings, Edgewood Partners Insurance Center, Oak Hill Capital Partners Avon, Conn.-based Paragon Insurance Holdings LLC announced that Edgewood Partners Insurance Center and Oak Hill Capital Partners...
Ryan Specialty Group to Acquire New Jersey’s New Day Underwriting Managers
Feb 22 2018 // Ryan Specialty Group LLC (RSG) has reached a definitive agreement to acquire the assets and operations of New Day Underwriting Managers LLC (New Day), a specialty intermediary with offices in Hamilton, N.J. New Day will...
