Ryan Specialty
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The Crouse team is now a part of RT Specialty, the wholesale brokerage division of Ryan Specialty.
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Ryan Specialty Group MGU EmergIn Risk renews cyber binder with RenaissanceRe and names a cyber expert to lead its London team.
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RSG president Tim Turner said that RSG is in various stages of development with several M&A opportunities.
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The newly public intermediary upped its full-year organic growth forecast to 21.5%-22.5%, from 18%-20% previously.
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RT ProExec report finds increasing legal and regulatory action on SPACs and cybersecurity among top concerns for D&O market.
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Speakers and panelists pondered the future – specifically InsurTechs, social inflation and low investment yields.
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“The market in general remains very poised and disciplined,” Turner noted, adding that standard lines carriers have continued to “stay in their lines” by avoiding riskier business.
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Wuller takes over an underwriting business that generated $212mn in revenue in 2020 but grew by nearly 90% in this year’s second quarter to $80mn, following the close of the All Risk deal.
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The executive, who took up the post in March, is leaving the company for personal reasons.
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In the company’s inaugural earnings call after going public, it also noted the potential M&A deals it is seeing are on the larger end.
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The company disclosed on Wednesday evening that total revenue jumped 58% from the second quarter last year to $390mn.
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Behrens will work under John Zern as the wholesaler looks to build out a new benefits vertical.
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