Latest news with #RyanSpecialty
Yahoo
a day ago
- Business
- Yahoo
Ryan Specialty to buy Michigan-based insurer JM Wilson
Global specialist insurer Ryan Specialty has agreed to acquire the business of JM Wilson, a Michigan, US-based insurance company. The deal, the financial details of which were not made public, is expected to conclude in the third quarter of 2025 (Q3 2025). It will result in JM Wilson's operations becoming part of Ryan Specialty's RT Binding Authority specialty division. Set up in 1920, JM Wilson has six offices across the US. The company offers an array of insurance services including personal lines and surety, with a focus on transportation. In the 12-month period ending 31 January 2025, JM Wilson reported operating revenue of around $19m. Philo Smith was the exclusive financial advisor to JM Wilson for this deal. RT Specialty CEO Ed McCormack said: 'JM Wilson is very well respected in the industry, with its strong underwriting track record and client-focused approach. We are delighted to be able to add such high-quality talent to our organisation. This team fills a critical need for RT Specialty, giving us a more robust Midwest binding authority presence and strengthening our transportation practice.' JM Wilson president David Wilson stated: 'We are thrilled to join RT Specialty and are very familiar with the team. For the past 100 years, we have prided ourselves in developing top talent and competing on expertise. Culturally, we know that Ryan Specialty shares our values. We look forward to the future as a part of the Ryan Specialty family.' The acquisition follows Ryan Specialty's purchase of 360° Underwriting, an Irish managing general underwriter specialising in commercial construction insurance. 360° Underwriting was integrated into Ryan Specialty's Underwriting Managers division. "Ryan Specialty to buy Michigan-based insurer JM Wilson " was originally created and published by Life Insurance International, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
4 days ago
- Business
- Yahoo
Ryan Specialty Reaches Agreement to Acquire J.M. Wilson
Ryan Specialty Holdings, Inc. (NYSE:RYAN) announced that it has entered into a definitive agreement to acquire J.M. Wilson Corporation. Headquartered in Michigan, JM Wilson will be integrated into RT Binding Authority, Ryan Specialty's division focused on binding authority solutions. JM Wilson, established in 1920, operates out of six offices across the US and offers a wide range of insurance products, from personal lines to surety. The firm is especially recognized for its strong expertise in transportation insurance, a complex segment where it has built a reputation for underwriting profitability and maintaining long-term partnerships with top-tier carriers. Commenting on this acquisition, Ed McCormack, CEO of RT Specialty, made the following comment: 'JM Wilson is very well respected in the industry, with its strong underwriting track record and client-focused approach. We are delighted to be able to add such high-quality talent to our organization. This team fills a critical need for RT Specialty, giving us a more robust Midwest binding authority presence and strengthening our transportation practice.' Ryan Specialty Holdings, Inc. (NYSE:RYAN) offers specialized products and services to insurance brokers, agents, and carriers. The company operates as both a wholesale broker and a managing underwriter with delegated authority, delivering solutions that include distribution, underwriting, product development, administration, and risk management. While we acknowledge the potential of RYAN as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an extremely cheap AI stock that is also a major beneficiary of Trump tariffs and onshoring, see our free report on the best short-term AI stock. READ NEXT: and Disclosure. None. Sign in to access your portfolio
Business Wire
29-05-2025
- Business
- Business Wire
Ryan Specialty to Participate in the William Blair Growth Stock Conference
CHICAGO--(BUSINESS WIRE)--Ryan Specialty Holdings, Inc. (NYSE: RYAN) ('Ryan Specialty'), a leading international specialty insurance firm, today announced that it will be presenting at the William Blair Growth Stock Conference on Tuesday, June 3, 2025 at 11:40 AM Eastern Time. The presentation will be available via a link to the live stream accessible through Ryan Specialty's website at A replay of the presentation will be available for 90 days following the conclusion of the event. About Ryan Specialty Founded in 2010, Ryan Specialty is a service provider of specialty products and solutions for insurance brokers, agents, and carriers. Ryan Specialty provides distribution, underwriting, product development, administration, and risk management services by acting as a wholesale broker and a managing underwriter with delegated authority from insurance carriers. Our mission is to provide industry-leading innovative specialty insurance solutions for insurance brokers, agents, and carriers. Learn more at
Yahoo
21-05-2025
- Business
- Yahoo
Ryan Specialty buys Irish construction underwriter 360° Underwriting
Ryan Specialty, an international specialist insurance company, has acquired 360° Underwriting, an Ireland-based managing general underwriter specialising in commercial construction insurance. The financial terms of the acquisition have not been disclosed. The acquisition integrates 360° Underwriting into Ryan Specialty's Underwriting Managers division. Set up in 2017, 360° Underwriting has a presence in the Irish construction insurance market with its modelling practices and portfolio aggregation management. 360° managing directors Paul Sherry and Tommy Byrne commented: 'We are thrilled to partner with Ryan Specialty. They are a very well-respected brand in the construction space. The Ryan Specialty Underwriting Managers platform, with its deep resources and cutting-edge support, is the perfect environment for us to expand our offering. 'Additionally, we are drawn to the strong culture of integrity and empowerment at Ryan Specialty making the firm an excellent fit for our future – allowing us to continue to provide the service levels that our broker trading partners have become accustomed to since 2019.' 360° Underwriting has attracted capital support for niche insurance products such as latent defect insurance and owner-controlled insurance programmes, Ryan Specialty added. Ryan Specialty Underwriting Managers International executive chairman Mark Birrell said: 'Paul and Tommy are well known in the market for their technical underwriting expertise when it comes to construction. 'Not only are they a perfect fit from a cultural perspective, but they are an excellent complement to our existing latent defect business and a natural entry point for Ryan Specialty to Ireland.' Earlier this month, Ryan Specialty acquired certain assets from USQRisk Holdings, known for underwriting non-traditional insurance risks. Ryan Specialty, founded in 2010, serves the insurance industry by providing specialty products and solutions including distribution, underwriting, product development, administration and risk management services. "Ryan Specialty buys Irish construction underwriter 360° Underwriting " was originally created and published by Life Insurance International, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
20-05-2025
- Business
- Yahoo
Ryan Specialty Acquires 360° Underwriting
CHICAGO, May 20, 2025--(BUSINESS WIRE)--Ryan Specialty (NYSE: RYAN) ("Ryan Specialty"), a leading international specialty insurance firm, is pleased to announce that it has acquired 360° Underwriting ("360"), a managing general underwriter specializing in commercial construction. 360 is based in Dublin and Galway, Ireland and will become a part of the Ryan Specialty Underwriting Managers division of Ryan Specialty. Since its founding in 2017, 360 has developed a reputation as leading experts in the expanding Irish construction market. They have developed bespoke modeling practices which both ensure consistency and manage aggregations across the portfolio. As a result of this approach, 360 has been able to attract strong capital support in the classes of latent defect insurance and owner-controlled insurance program, both of which are critical products for the construction industry. Mark Birrell, Executive Chairman, Ryan Specialty Underwriting Managers International, remarked, "Paul and Tommy are well known in the market for their technical underwriting expertise when it comes to construction. Not only are they a perfect fit from a cultural perspective, but they are an excellent complement to our existing latent defect business and a natural entry point for Ryan Specialty to Ireland. We're excited to welcome them to Ryan Specialty." Paul Sherry and Tommy Byrne, Managing Directors of 360, added, "We are thrilled to partner with Ryan Specialty. They are a very well-respected brand in the construction space. The Ryan Specialty Underwriting Managers platform, with its deep resources and cutting-edge support, is the perfect environment for us to expand our offering. Additionally, we are drawn to the strong culture of integrity and empowerment at Ryan Specialty making the firm an excellent fit for our future – allowing us to continue to provide the service levels that our broker trading partners have become accustomed to since 2019." Terms of the deal were not disclosed. About Ryan SpecialtyFounded in 2010, Ryan Specialty is a service provider of specialty products and solutions for insurance brokers, agents and carriers. The firm provides distribution, underwriting, product development, administration and risk management services by acting as a wholesale broker and a managing underwriter with delegated authority from insurance carriers. Ryan Specialty's mission is to provide industry-leading innovative specialty insurance solutions for insurance brokers, agents and carriers. To learn more, please visit About Ryan Specialty Underwriting ManagersRyan Specialty Underwriting Managers is an industry leader in delegated authority underwriting services. Our family of managing general underwriters (MGUs) and national programs have the expertise and authority to design, underwrite, bind, and administer a diverse portfolio of risks. Our value proposition originates with our 950+ industry professionals who are empowered by centralized technical support and policy lifecycle administration, coupled with a broad distribution network of retail and wholesale brokers. We have been diligently servicing our valued clients and trading partners in North America, the UK, Europe and Asia Pacific since our establishment in 2010. View source version on Contacts Media Alice Phillips ToppingChief Marketing & Communications OfficerRyan (312) 635-5976 Investor Relations Nicholas MezickDirector, Investor RelationsRyan SpecialtyIR@ (312) 784-6152 Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
