Ryan Specialty and Ascot descope Ethos deal to exclude TL unit
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Ryan Specialty and Ascot descope Ethos deal to exclude TL unit

Ascot will evaluate other options for its ~$140mn-premium transactional liability unit.

By Jairo Ibarra Adam McNestrie
August 16, 2024
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Deal Acquisition M&A handshake.jpg

The pending deal to sell Ascot’s MGA arm Ethos Specialty to wholesaler Ryan Specialty will now exclude the program manager’s M&A insurance practice, which represents the majority of its premium volume, Insurance Insider US can reveal.

Sources

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Topics

NewsM&ARyan SpecialtyMGAs/MGUsTransactional liability
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