Latest Ryan Specialty Group Headlines

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

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,...

New Jersey’s RT Specialty/New Day Appoints Reynolds as an Assistant Vice President

Nov 20 2018 // RT Specialty/New Day, a Hamilton, N.J.-based division of R-T Specialty LLC, has named Joe Reynolds as an assistant vice president in the National Environmental and Construction Professional Liability Practice (formerly New...

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 // Insurance industry trailblazer Patrick Ryan thinks the insurance program business could be headed for interesting times given recent consolidation in the retail insurance agency sector, an influx of capital and the recent...

Business Moves

Sep 3 2018 // The Hilb Group, Southern Maryland InsuranceThe 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...

Veteran Legge Joins RT Specialty’s Transactional Liability, Private Equity Practice

Jul 12 2018 // R-T Specialty announced the hiring of industry veteran Jonathan Legge as a senior vice president of its RT ProExec division. Legge will assume leadership of RT ProExec’s Transactional Liability and Private Equity...

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 & HechtAlliant 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 PartnersAvon, Conn.-based Paragon Insurance Holdings LLC announced that Edgewood Partners Insurance Center and Oak Hill Capital Partners have...

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...

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 buyers...

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...