Ryan Specialty

The specialty insurer intends to use the proceeds for general corporate purposes.

Craig Willey will be based in Houston and brings aboard operational and transactional experience.

Carriers are planning for inflationary threats and have been responding to major catastrophes, while the InsurTech and broking markets have driven M&A drama.

Ryan Specialty Group has made yet another acquisition, signing a definitive agreement to acquire certain assets of Keystone Risk Partners.

The Crouse team is now a part of RT Specialty, the wholesale brokerage division of Ryan Specialty.

Ryan Specialty Group MGU EmergIn Risk renews cyber binder with RenaissanceRe and names a cyber expert to lead its London team.

RSG president Tim Turner said that RSG is in various stages of development with several M&A opportunities.

The newly public intermediary upped its full-year organic growth forecast to 21.5%-22.5%, from 18%-20% previously.

RT ProExec report finds increasing legal and regulatory action on SPACs and cybersecurity among top concerns for D&O market.

Speakers and panelists pondered the future – specifically InsurTechs, social inflation and low investment yields.

“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.

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.