Ryan Specialty
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Sources said that the second biggest wholesaler in the US has already started to engage banks.
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The carrier has also named Jeremiah Bickham as incoming CFO and Michael VanAcker as COO.
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Palomar’s move into larger limit construction marks a change for the specialty insurer.
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Stetson Insurance provides funding for insureds that need extended terms of payment.
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Clark will manage retailer and carrier relations on behalf of RT Specialty and delegated authority business units within RSGUM.
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Last September the wholesale broker appointed Seth Johnson to lead the division.
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The RT Specialty chairman and CEO says the timing of recent M&A was perfect for wholesale brokers looking to grow.
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Trident Marine Managers and Global Special Risks will now share offices and market products together.
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Wuller will focus on hunting for growth opportunities.
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Seth Johnson will take over the position on January 1 next year.
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Cortezi will take over from Mike Rice, who is retiring as chairman and CEO of the underwriting business at the end of the year.
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All Risks alone is projected to handle $2.6bn in premium this year, most of which was grown organically.