Ryan Specialty Blog

March 2023 Buzz

Written by Ryan Specialty | Mar 31, 2023 4:58:04 PM


After another busy month at Ryan Specialty, we have put together a collection of the most popular news, events, interviews and other stories from across our firm. Catch up with us by taking a look at the posts below!

MARCH 2023 BUZZ

RT Specialty was named a 5-Star Wholesale Broker by Insurance Business America for the seventh year in a row! The award is based on a survey of retail producers who rate the performance and service quality of their wholesale broker trading partners.

 

Ryan Specialty Founder, Chairman & CEO Pat Ryan accepted the Lifetime Achiever award at The Insurer's E&S Insurer Conference & Awards 2023 in New York. Congratulations, Pat! Watch Pat's acceptance speech here.
 

 

We shared that Ryan Specialty President and RT Specialty Chairman & CEO Tim Turner was recognized as part of Insurance Business America's Global 100, celebrating the most influential insurance leaders around the world. Congratulations, Tim!

 

Congratulations to RT Specialty President – National Property & Managing Director Brenda (Ballard) Austenfeld on being elected Vice President of the WSIA (Wholesale & Specialty Insurance Association) Board of Directors!




Congratulations to RT Binding Authority Senior Manager, Underwriting & Operations Annie Dawson on being named President of WSIA (Wholesale & Specialty Insurance Association)'s U40 Board at the 2023 WSIA Underwriting Summit!

 

The shortlist for The Insurer's inaugural E&S Insurer Awards was announced, and RT Specialty was a finalist for Wholesale Broking Company of the Year, Terry McCann and Paul Jackson for Wholesale Producers of the Year, Patrick Gavin for Underwriting Rising Star of the Year and Matt Nguyen for Broking Rising Star of the Year. Congratulations, all!



RT Specialty ProExec Executive Vice President Kevin LaCroix spoke with The Insurer TV about the consequences of the Silicon Valley Bank collapse and how it could affect the D&O insurance market. Watch the interview.




Irwin Siegel agency CEO Howard Siegel was featured on The Insurer TV discussing the future of human and social services insurance and the factors currently affecting the market. Watch the episode.




RT Specialty Johnstown, PA President Dennis Beecher and Director, Compliance and Underwriting Cheryl Vacek discussed the role of underwriters and the transportation insurance market on the Caution: Wide Right podcast from CNS Companies: Compliance Navigation Specialists, CNS Insurance, CNS Driver Training Center. Watch the interview.



Ryan Specialty announced the promotion of Michael VanAcker
to Executive Vice President of RT Specialty, Ryan Specialty’s wholesale brokerage and binding authority specialty. Read the press release.




WKFC Underwriting Managers, Ryan Specialty's managing general underwriter serving the wider wholesale marketplace, announced the promotions of two senior leaders.
Ravi Singhvi is promoted to President of WKFC Underwriting Managers and Joan Bauer to Chief Operating Officer. Read the press release.




RT Specialty Property released their March 2023 US Property Insurance Review, providing a market overview and a look at the fallout from Hurricane Ian, the holiday winter storm, the California "atmospheric river series," the wildfire season and more. Read the review.



Ryan Specialty completed two exciting training initiatives. Students of Ryan Specialty University presented their capstone projects to conclude their intensive introduction to specialty insurance, while Ryan Specialty Future & Emerging Leaders (FUEL) had their first session preparing rising talent for leadership roles. Congratulations, everyone!





Thank you to everyone who joined the RT Binding Authority team at the IIAH - Independent Insurance Agents of Houston's Insurance Day! A special congratulations to Haley Henson, CPRIA on winning the RT Specialty Scholarship for insurance education.



Alive Risk, an amusement, sports and entertainment-focused managing general underwriter of Ryan Specialty, announced the hiring of
Richard Rutkin, CIC, WCIP as Relationship & Marketing Executive. Richard will drive new business growth and support the expansion of the entertainment program offerings. Read the press release.