Ryan Specialty Group (RSGUM) Acquires Interstate Insurance Management, Inc.

Ryan Specialty Acquires Ethos Specialty Insurance's P&C MGUs from Ascot Group

September 16, 2024

Insurance

Ryan Specialty has completed the acquisition of the Property & Casualty (P&C) MGUs owned by Ethos Specialty Insurance, LLC from Ascot Group Limited. The acquired P&C MGUs will join Ryan Specialty Underwriting Managers (RSUM); Ethos' Transactional Liability MGU remains with Ascot.

NSM Insurance Group Acquires Strategic Underwriters International

June 4, 2024

Insurance

NSM Insurance Group has completed the acquisition of Strategic Underwriters International (SUI), a Doylestown, Pennsylvania-based managing general agent (MGA) and leader in the facultative casualty reinsurance market. The deal expands NSM's specialty insurance capabilities in facultative casualty reinsurance and aims to leverage NSM's resources — including product development, technology systems and AI initiatives — to grow SUI's underwriting platform.

Specialist Risk Group (SRG) Acquires GB Underwriting

January 14, 2021

Insurance

Specialist Risk Group (SRG), backed by new majority investor HGGC, has acquired GB Underwriting, a UK managing general agent (MGA) specializing in property and liability insurance for construction and building trades. The deal strengthens SRG's MGA capability and expands its specialist insurance offering to UK brokers.

Ryan Specialty Group Merges with All Risks, Ltd.

June 23, 2020

Insurance

Ryan Specialty Group (RSG) and All Risks, Ltd. signed a definitive agreement to merge, combining RSG's international specialty insurance platform with All Risks' national wholesale brokerage and managing general agency capabilities. RSG is headquartered in Chicago and is approaching $12 billion in premium in 2020; All Risks is headquartered in Delray Beach, Florida with over 850 employees and projecting $2.6 billion in premium in 2020. Terms were not disclosed.

Brown & Brown, Inc. Acquires Special Risk Insurance Managers, Ltd.

January 7, 2020

Insurance

Brown & Brown, Inc. completed the acquisition of Special Risk Insurance Managers, Ltd., a Canadian managing general agent (MGA) specializing in specialty and hard-to-place risks. The deal expands Brown & Brown's specialty insurance capabilities and presence in the Canadian market.

Ryan Specialty Group Acquires Trident Marine Managers, Inc.

March 1, 2017

Insurance

Ryan Specialty Group (RSG) completed the acquisition of Trident Marine Managers, Inc. on March 1, 2017. Trident — a Houston-based marine-focused MGA providing underwriting and claims-adjusting services — will operate as a subsidiary within RSG Underwriting Managers with Martin Hayes and Michael Johnson continuing as joint Managing Directors.