Ryan Specialty
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The fresh paper comes in addition to the underwriter’s $150mn of construction builder’s risk and $100mn of critical flood, earthquake and named windstorm capacity. -
The construction executive has been with the MGA since it was launched more than 10 years ago.
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Under the terms of the deal, Aspen will provide paper across multiple geographies with three programs in the US and four in Europe.
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The specialty insurer intends to use the proceeds for general corporate purposes.
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Craig Willey will be based in Houston and brings aboard operational and transactional experience.
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Carriers are planning for inflationary threats and have been responding to major catastrophes, while the InsurTech and broking markets have driven M&A drama.
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Ryan Specialty Group has made yet another acquisition, signing a definitive agreement to acquire certain assets of Keystone Risk Partners.
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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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