Ryan Specialty Group to Acquire Texas’ Myron F. Steves & Co.

Article 0 Comments Chicago-based Ryan Specialty Group LLC has reached an agreement to acquire the assets and operations of Myron F. Steves & Co. (Myron Steves), an independently owned wholesale insurance brokerage headquartered in Houston, Texas, with additional offices in Austin, Dallas and San Antonio. The Myron Steves team will […]

Pennsylvania’s Ascinsure Specialty Risk Promotes Keinard

Article 0 Comments Ascinsure Specialty Risk LLC has promoted Steve Keinard as its assistant vice president and underwriting manager. Within this new role, Keinard will provide leadership, support and guidance to Ascinsure’s underwriting team. Joining Ascinsure as a senior underwriter in January 2018, Keinard was responsible for leading Ascinsure’s underwriting […]

Ryan Specialty to Acquire International Specialty Insurance Services of North Carolina

Article 0 Comments Ryan Specialty Group, LLC has reached a definitive agreement to acquire the assets and operations of International Specialty Insurance Services Inc. (ISI), an independently owned managing general underwriter with offices in Winston-Salem, North Carolina. ISI’s team will become part of RSG Underwriting Managers, LLC (RSGUM), the managing […]

USI Insurance Services to Acquire U.S. Risk Insurance Group

Article 0 Comments Dallas-based property/casualty program and specialty brokerage firm, U.S. Risk Insurance Group (U.S. Risk), announced it has agreed to be acquired by USI Insurance Services (USI). The transaction is expected to close in the second quarter of 2019, subject to customary conditions and regulatory requirements. U.S. Risk will […]

Ryan Specialty Group to Acquire Oklahoma’s Westphalen Insurance Services

Article 0 Comments Chicago-based Ryan Specialty Group LLC has reached a definitive agreement to acquire the assets and operations of Westphalen Insurance Services Inc. (Westphalen), an independently owned wholesale insurance brokerage located in Edmond, Oklahoma. The Westphalen team will become part of R-T Specialty LLC (RT Specialty), the wholesale brokerage […]

Ed Appoints Willis Towers Watson’s Skaanild to Professional & Executive Risk Team

Article 0 Comments Ed, the London-based reinsurance, wholesale and specialty broker, announced the appointment of Laura Skaanild as client director, Professional and Executive Risk. She will report to Paul Richards, managing director of Professional and Executive Risk. Skaanild will focus on managing and developing Ed’s client base in the financial […]

Ironshore Names Hartley U.S. Program Business Leader; Appoints Sharis Director

Article 0 Comments Ironshore Specialty Casualty has announced executive appointments to oversee the Programs business unit in the U.S. Casey Hartley has been named senior vice president, head of Programs. Hartley will oversee the development, marketing and distribution of programs lines, working with programs administrators across Ironshore’s underwriting platforms in […]

Ryan Specialty Group Acquires Assets, Operations of Boston Insurance Specialists

Article 0 Comments Ryan Specialty Group LLC (RSG) has acquired the assets and operations of Boston Insurance Specialists Inc. (BIS), an independently owned wholesale insurance brokerage with offices in Mansfield and Westfield, Mass. Terms of the transaction were not disclosed. BIS’ team is now a part of R-T Specialty LLC, […]

AM Best Says Specialty Insurer Exposures to PG&E Bankruptcy Within Risk Appetites

Article 0 Comments Specialty companies specifically operating in the utility sector are likely to face substantial claims and losses stemming from the bankruptcy filing by PG&E Corp., the California utility whose equipment is being investigated as having a potential role in the recent deadly wildfires, according to a new AM […]

Underwriting Platform elseco Agrees to Buy MGA, Selected Renewal Rights from StarStone

Article 0 Comments Specialty underwriting platform elseco has entered into an agreement with global specialty insurer StarStone to acquire its managing general agent, Malakite Underwriting Partners Ltd., and the renewal rights to StarStone’s Zurich-based airlines & products portfolio. Under a new strategic partnership arrangement, StarStone will continue to provide underwriting […]