Ryan Specialty
-
The Insurance Insider US news team runs you through the earnings results for the day. -
The sale is expected to close next month, though terms are not yet final.
-
This follows a spate of program manager deals Ryan Specialty has made.
-
The binding authority market is also “ripe” for consolidation, the CEO said.
-
-
With the move, RT adds a CEO to its binding authority and a CEO to its RT ProExec businesses.
-
Ethos’ transactional liability MGU is not included in the deal.
-
The executive previously spent over 11 years at Captive Resources.
-
The underwriting units produced revenue of $11mn in the year to June 30.
-
Geo Europe CEO Walter Craft will remain with the financial lines business.
-
The Houston, Texas-based program manager will join Ryan Specialty’s healthcare MGU Sapphire Blue.
-
Ascot will evaluate other options for its ~$140mn-premium transactional liability unit.
Related
-
Ryan Specialty MGA US Assure names Ferguson as CEO
August 21, 2025 -
Ryan Specialty paid ~$90mn for transportation MGU JM Wilson
August 01, 2025