Latest RT Specialty Headlines

All the headlines from our RT Specialty Topic Page, ordered by recency.

Why Wholesale Insurance Brokers Are Under Continuing Pressure to Sell

Feb 13 2018 // Wholesale insurance brokers have been selling off their businesses and it’s not because they are all ready to retire. As in the retail agency segment, consolidation among wholesale brokerages is being driven by...

Ryan Specialty Group Agrees to Buy UK P&I MGA Lodestar Marine from Tawa

Feb 13 2018 // Ryan Specialty Group LLC (RSG) announced it has reached a definitive agreement to acquire London-based Lodestar Marine Ltd., an MGA in the protection & indemnity (P&I) fixed premium marine market, from Tawa...

People

Feb 5 2018 // Texas Security General Insurance Agency LLC (TSGA) in San Antonio, Texas, added David A. Winkley as vice president of Commercial Lines. A former business owner, Winkley has industry experience in retail production,...

People

Feb 5 2018 // David Kramer and Theodore Nittis have launched Gemini Risk Partners as an independent professional liability insurance brokerage in Bloomfield Hills, Michigan. The firm will focus on serving law firms, as it did when it...

Ryan Specialty Group Completes Acquisition of New York’s Irwin Siegel Agency

Feb 2 2018 // Ryan Specialty Group LLC, a Chicago, Ill.-headquartered international specialty insurance organization, has completed its acquisition of the assets and operations of the Irwin Siegel Agency Inc. (ISA). This transaction was...

Ryan Specialty Group Launches Latin America MGA, Capital Bay Underwriting

Jan 29 2018 // Ryan Specialty Group (RSG) has launched a Latin American-focused managing general underwriter, Capital Bay Underwriting, based in Miami. Capital Bay’s central emphasis is financial lines re/insurance products for...

Ryan Specialty Group to Acquire New York’s Irwin Siegel Agency

Jan 24 2018 // Ryan Specialty Group LLC has reached a definitive agreement to acquire the assets and operations of the Irwin Siegel Agency Inc. (ISA). Terms of the agreement were not disclosed. ISA is a human and social service managing...

Khan Promoted to CEO, President at ThinkRisk and CorPro

Jan 23 2018 // Ryan Specialty Group (RSG) announced the promotion of Reza Khan to chief executive officer and president of ThinkRisk Underwriting Agency and CorPro Underwriting Managers. Reza previously served as executive vice president...

Business Moves

Jan 22 2018 // Ryan Specialty Group LLC, Kerwick & Curran Inc. Ryan Specialty Group LLC has reached a definitive agreement to acquire the assets and operations of Kerwick & Curran Inc. Terms of the transaction were not...

Consolidation Continues: The Squeezing of Wholesale Brokers

Jan 22 2018 // Wholesale insurance brokers have been selling off their businesses and it’s not because they are all ready to retire. As in the retail agency segment, consolidation among wholesale brokerages is being driven by...

Ryan Specialty Group to Acquire New York’s Kerwick & Curran

Jan 4 2018 // Ryan Specialty Group LLC has reached a definitive agreement to acquire the assets and operations of Kerwick & Curran Inc. (K&C), a wholesale insurance brokerage with offices in Tarrytown and Melville, N.Y. Terms of...

IICF Announces 11th Annual Benefit Dinner in New York to Honor Ryan Specialty Group

Nov 6 2017 // The Insurance Industry Charitable Foundation (IICF) will host its 11th annual Northeast Benefit Dinner on Wednesday, Dec. 13, 2017, at the Sheraton New York Times Square Hotel. The dinner is expected to draw the attendance...

Ryan Specialty Group Acquisition of Houston’s Oxford Insurance Services Completed

Nov 3 2017 // Ryan Specialty Group LLC has completed its previously announced acquisition of Oxford Insurance Services LLC (Oxford), a wholesale insurance brokerage headquartered in Houston, Texas. The acquired business is part of R-T...

Ryan Specialty Group Acquiring Houston’s Oxford Insurance Services LLC

Oct 24 2017 // Chicago-based Ryan Specialty Group LLC has reached a definitive agreement to acquire Oxford Insurance Services LLC (Oxford), a wholesale insurance brokerage headquartered in Houston, Texas. Oxford will become part of R-T...

IICF Announces 11th Annual Benefit Dinner in New York to Honor Ryan Specialty Group

Oct 6 2017 // The Insurance Industry Charitable Foundation (IICF) will host its 11th annual Northeast Benefit Dinner on Wednesday, December 13, 2017, at the Sheraton New York Times Square Hotel. The dinner is expected to draw the...

R-T Specialty Opens Office in Louisville, Kentucky

Oct 4 2017 // R-T Specialty, LLC (a subsidiary of Ryan Specialty Group, LLC) has opened a new office in Louisville, Ky. This office is led by Brian Houghlin and Chris Beckmann. Houghlin has 30 years of experience in the management...

Business Moves

Aug 7 2017 // Markel, State National Markel Corp. will acquire Texas-based State National Companies Inc. for $919 million, a deal that the Virginia-based insurer and reinsurer said will help diversify its underwriting and revenue...

Ryan Specialty Group Completes Acquisition of N-Surance Outlets of Georgia

Aug 3 2017 // Ryan Specialty Group, LLC, has completed the acquisition of the assets and operations of N-Surance Outlets (NSO), a wholesale insurance brokerage and binding authority operation headquartered in Roswell, Ga. The acquired...

Ryan Specialty Group to Acquire N-Surance Outlets of Georgia

Jul 25 2017 // Ryan Specialty Group, LLC, announced it has reached a definitive agreement to acquire N-Surance Outlets (NSO), a wholesale insurance brokerage and binding authority operation headquartered in Roswell, Ga. NSO will become...

People – Midwest

Jul 24 2017 // AF Group, headquartered in Lansing, Mich., has appointed Eric Halter director of AF Specialty, a new brand focused on providing fronting capacity to insurance carriers, managing general agents, reinsurance intermediaries...