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Articles from Ryan Specialty

Ryan Specialty Signs Definitive Agreement to Acquire Velocity Risk Underwriters
Ryan Specialty (NYSERYAN), a leading international specialty insurance firm, is pleased to announce it has signed a definitive agreement to acquire Velocity Risk Underwriters, LLC (“Velocity”) from funds managed by Oaktree Capital Management, L.P. (“Oaktree”). Based in Nashville, Tennessee, Velocity is a leading managing general underwriter (“MGU”) providing first-party insurance coverage for catastrophe exposed properties and will become a part of the Ryan Specialty Underwriting Managers division of Ryan Specialty.
By Ryan Specialty · Via Business Wire · January 7, 2025
Ryan Specialty Completes Acquisition of Innovisk Capital Partners
Ryan Specialty (NYSERYAN), a leading international specialty insurance services firm, has completed the acquisition of Innovisk Capital Partners (“Innovisk”) from Abry Partners (“Abry”) and BHMS Investments, LP (“BHMS”). Innovisk is a part of Ryan Specialty Underwriting Managers (“RSUM”), the underwriting management segment within Ryan Specialty. The acquisition was previously announced on October 30, 2024 and can be found here.
By Ryan Specialty · Via Business Wire · November 4, 2024
Ryan Specialty in Final Discussions to Acquire Innovisk Capital Partners
Ryan Specialty (NYSERYAN), a leading international specialty insurance services firm, is in final discussions to acquire Innovisk Capital Partners (“Innovisk”) from Abry Partners (“Abry”) and BHMS Investments, LP (“BHMS”). As a result of the acquisition, Innovisk would become a part of Ryan Specialty Underwriting Managers (“RSUM”), the underwriting management segment within Ryan Specialty. The acquisition is expected to close early next month.
By Ryan Specialty · Via Business Wire · October 30, 2024
Ryan Specialty Completes Acquisition of Certain Assets of Geo Underwriting Europe
Ryan Specialty (NYSERYAN), a leading international specialty insurance services firm, is pleased to announce that on October 1, 2024 it completed the acquisition of certain assets of the European managing general agent, Geo Underwriting Europe BV (“Geo Europe”), part of The Ardonagh Group. Geo Europe is based in Rotterdam, Netherlands, with operations in Germany and specializes in Financial Lines. Geo Europe will join the Ryan Financial Lines (“RFL”) unit within the Ryan Specialty Underwriting Managers division of Ryan Specialty, complementing RFL’s European expansion objectives. The acquisition was previously announced on September 3, 2024 and can be found here.
By Ryan Specialty · Via Business Wire · October 2, 2024
Ryan Specialty Completes Acquisition of Certain Assets of EverSports & Entertainment Insurance
Ryan Specialty (NYSERYAN), a leading international specialty insurance firm, is pleased to announce that today it has completed the acquisition of certain assets of EverSports & Entertainment Insurance, Inc. (“EverSports”) from the Everest Group, Ltd. NYSE: EGNYSEEG)
By Ryan Specialty · Via Business Wire · October 1, 2024
Ryan Specialty Completes Acquisition of Ethos Specialty Insurance’s P&C MGUs From Ascot Group Limited
Ryan Specialty (NYSERYAN), a leading international specialty insurance firm, is pleased to announce it completed the acquisition of the Property and Casualty (“P&C”) MGUs owned by Ethos Specialty Insurance, LLC (“Ethos P&C”) from Ascot Group Limited (“Ascot Group”). Ethos P&C was founded in 2017 by Ascot Group and will become a part of the Ryan Specialty Underwriting Managers (“RSUM”) division of Ryan Specialty. Ethos’ Transactional Liability MGU is not included in the transaction and will remain with Ascot. The previous announcement dated September 3, 2024 regarding the signing of the definitive agreement can be found here.
By Ryan Specialty · Via Business Wire · September 16, 2024
Ryan Specialty Signs Definitive Agreement To Acquire Ethos Specialty Insurance’s P&C MGUs From Ascot Group Limited
Ryan Specialty (NYSERYAN), 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”). Ethos P&C was founded in 2017 by Ascot Group and will become a part of the Ryan Specialty Underwriting Managers (“RSUM”) division of Ryan Specialty. Ethos’ Transactional Liability MGU is not included in the transaction and will remain with Ascot.
By Ryan Specialty · Via Business Wire · September 3, 2024
Ryan Specialty Signs Definitive Agreement to Acquire Certain Assets of Geo Underwriting Europe
Ryan Specialty (NYSERYAN), a leading international specialty insurance firm, is pleased to announce that is has signed a definitive agreement to acquire certain assets of the European managing general agent, Geo Underwriting Europe BV (“Geo Europe”), part of The Ardonagh Group. Geo Europe is based in Rotterdam, Netherlands, with operations in Germany and specializes in Financial Lines. Geo Europe will join the Ryan Financial Lines (“RFL”) unit within the Ryan Specialty Underwriting Managers division of Ryan Specialty, complementing RFL’s European expansion objectives. The acquisition is expected to close during the third quarter of this year.
By Ryan Specialty · Via Business Wire · September 3, 2024
Ryan Specialty Signs Definitive Agreement To Acquire US Assure
Ryan Specialty (NYSERYAN), a leading international specialty insurance intermediary, is pleased to announce it has signed a definitive agreement to acquire US Assure Insurance Services of Florida, Inc. (“US Assure”). US Assure, headquartered in Jacksonville, FL, is a leading program specializing in builder’s risk insurance, and will become a part of our Underwriting Managers Specialty within Ryan Specialty.
By Ryan Specialty · Via Business Wire · August 1, 2024
Ryan Specialty and MagMutual Form Exclusive Relationship for Healthcare Facility Business
Ryan Specialty (NYSERYAN), a leading international specialty insurance firm, is pleased to announce that it is forming an exclusive relationship with MagMutual, the largest mutual insurer of physicians and hospitals in the U.S. This relationship is through Sapphire Blue, which specializes in developing sophisticated solutions to complex healthcare risks, and is a part of the firm’s underwriting specialty, Ryan Specialty Underwriting Managers.
By Ryan Specialty · Via Business Wire · July 31, 2024
Ryan Specialty Completes Acquisition of Castel Underwriting Agencies
Ryan Specialty (NYSERYAN), a leading international specialty insurance firm, is pleased to announce that it has completed the acquisition of Castel Underwriting Agencies Limited (“Castel”), a Managing General Underwriting (MGU) platform, from Arch Financial Holdings (UK) Limited and minority shareholders. Castel is headquartered in London, England with additional offices in the Netherlands, Belgium and Singapore. The previous announcement dated December 21, 2023 regarding the signing of the definitive agreement can be found here.
By Ryan Specialty · Via Business Wire · May 1, 2024
Ryan Specialty Signs Definitive Agreement To Acquire Castel Underwriting Agencies
Ryan Specialty (NYSERYAN), a leading international specialty insurance firm, is pleased to announce it has signed a definitive agreement to acquire Castel Underwriting Agencies Limited (“Castel”), a Managing General Underwriting (MGU) platform, from Arch Financial Holdings (UK) Limited and minority shareholders. Castel is headquartered in London, England with additional offices in the Netherlands and Belgium and was founded in 2014.
By Ryan Specialty · Via Business Wire · December 21, 2023
Ryan Specialty Completes Acquisition of AccuRisk Holdings
Ryan Specialty (NYSERYAN), a leading international specialty insurance firm, is pleased to announce that it completed the acquisition of AccuRisk Holdings, LLC (“AccuRisk”), a medical stop loss managing general underwriter (MGU). AccuRisk is headquartered in Chicago, IL and was founded in 2017. The previous announcement dated October 30, 2023 regarding the signing of the definitive agreement can be found here.
By Ryan Specialty · Via Business Wire · December 1, 2023
Ryan Specialty Signs Definitive Agreement To Acquire AccuRisk Holdings
Ryan Specialty (NYSERYAN), a leading international specialty insurance firm, is pleased to announce it has signed a definitive agreement to acquire AccuRisk Holdings, LLC (“AccuRisk”), a medical stop loss managing general underwriter (MGU). AccuRisk is headquartered in Chicago, IL and was founded in 2017.
By Ryan Specialty · Via Business Wire · October 30, 2023
Ryan Specialty Completes Acquisition of ACE Benefit Partners
Ryan Specialty (NYSERYAN), a leading international specialty insurance firm, is pleased to announce that it completed the acquisition of certain assets of ACE Benefit Partners, Inc. (“ACE”), a medical stop loss general agent. Previous announcement dated June 6, 2023.
By Ryan Specialty · Via Business Wire · July 3, 2023
Ryan Specialty Completes Acquisition of Point6 Healthcare
Ryan Specialty (NYSERYAN), a leading international specialty insurance firm, is pleased to announce that it completed the acquisition of certain assets of Point6 Healthcare, LLC (“Point6”), a distributor of medical stop loss insurance, pharmacy solutions, and complex claims management on behalf of retail brokers and third party administrators. Previous announcement dated June 6, 2023.
By Ryan Specialty · Via Business Wire · July 3, 2023
Ryan Specialty Completes Acquisition of Socius Insurance
Ryan Specialty (NYSERYAN), a leading international specialty insurance firm, is pleased to announce that it completed the acquisition of Socius Insurance Services (“Socius”), a national wholesale insurance broker headquartered in Northern California. Previous announcement dated May 23, 2023.
By Ryan Specialty · Via Business Wire · July 3, 2023
Ryan Specialty Signs Definitive Agreement To Acquire Point6 Healthcare
Ryan Specialty (NYSERYAN), a leading international specialty insurance firm, is pleased to announce it has signed a definitive agreement to acquire certain assets of Point6 Healthcare, LLC (“Point6”), a distributor of medical stop loss insurance, pharmacy solutions, and complex claims management on behalf of retail brokers and third party administrators. Point6 is based in Plano, TX.
By Ryan Specialty · Via Business Wire · June 6, 2023
Ryan Specialty Signs Definitive Agreement To Acquire ACE Benefit Partners
Ryan Specialty (NYSERYAN), a leading international specialty insurance firm, is pleased to announce it has signed a definitive agreement to acquire certain assets of ACE Benefit Partners, Inc. (“ACE”), a medical stop loss general agent. ACE is headquartered in Eagle, Idaho and was founded in 2014.
By Ryan Specialty · Via Business Wire · June 6, 2023
Ryan Specialty Signs Definitive Agreement To Acquire Socius Insurance
Ryan Specialty (NYSERYAN), a leading international specialty insurance firm, is pleased to announce that it has signed a definitive agreement to acquire Socius Insurance Services (“Socius”), a national wholesale insurance broker headquartered in Northern California, from Abry Partners, employees and other shareholders. Socius will become a part of RT Specialty, Ryan Specialty’s wholesale distribution specialty.
By Ryan Specialty · Via Business Wire · May 23, 2023
Ryan Specialty Promotes Michael VanAcker to EVP of RT Specialty
Ryan Specialty (NYSERYAN), a leading international specialty insurance firm, is pleased to announce the promotion, effective immediately, of Michael VanAcker to Executive Vice President of RT Specialty, Ryan Specialty’s wholesale brokerage and binding authority specialty.
By Ryan Specialty · Via Business Wire · March 9, 2023
Ryan Specialty Completes Acquisition of Griffin Underwriting Services
Ryan Specialty (NYSERYAN), a leading international specialty insurance firm, is pleased to announce that it completed the acquisition of certain assets of Griffin Underwriting Services (“Griffin”), a binding authority specialist and wholesale insurance broker headquartered in Bellevue, WA. Previous announcement dated December 11, 2022.
By Ryan Specialty · Via Business Wire · January 3, 2023
Ryan Specialty Signs Definitive Agreement to Acquire Griffin Underwriting Services
Ryan Specialty (NYSERYAN), a leading international specialty insurance firm, is pleased to announce that today it signed a definitive agreement to acquire certain assets of Griffin Underwriting Services (“Griffin”), a binding authority specialist and wholesale insurance broker headquartered in Bellevue, WA.
By Ryan Specialty · Via Business Wire · December 11, 2022