Ryan Specialty
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The facility will write management, financial and professional lines.
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US Assure has been exploring a potential sale through a narrow process run by Dowling Hales.
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Jeremiah Bickham and Janice Hamilton have also been promoted as part of the succession plan.
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Ryan Specialty’s CEO opened the Insurance Insider US 2024 conference.
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The promotions are within RT Specialty's environmental and construction professional practice.
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The consideration in this deal will also include $2.2mn of Ryan Specialty Class A common stock.
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President Tim Turner noted two pricing trends: property “stabilization” and casualty “acceleration”.
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The Insurance Insider US news team runs you through the earnings results for the day.
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The carrier will reassess the market in the fourth quarter, or early in 2025.
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The MGA platform has been under auction since last year.
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