Ryan Specialty Blog

July 2024 Buzz

Written by Ryan Specialty | Aug 2, 2024 4:26:38 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!

July 2024 BUZZ

Ryan Specialty announced a succession plan that builds on the firm’s strong and deep leadership team, which will be implemented in October. Under the plan, Pat Ryan, our Founder, Chairman & CEO, will transition to the role of Executive Chairman. He will be succeeded in the CEO role by Tim Turner, current President of Ryan Specialty and Chairman & CEO of RT Specialty. Our current CFO, Jeremiah Bickham, will become President, and Janice Hamilton, current Chief Accounting Officer, will become Ryan Specialty’s next CFO. Read the press release.



Ryan Specialty announced executive leadership team promotions for RT Specialty, effective October 1, 2024, which reflect both the continued growth and evolution of the firm and the depth of talent on the RT Specialty executive leadership team. Edward McCormack will become Chief Executive Officer of RT Specialty, and Brenda (Ballard) Austenfeld and Michael VanAcker will become Co-Presidents. Read the press release.

 

Ryan Specialty announced that it is forming an exclusive relationship with MagMutual, the largest mutual insurer of physicians and hospitals in the U.S. This relationship is through Sapphire Blue, which specializes in developing sophisticated solutions to complex healthcare risks and is a part of Ryan Specialty Underwriting Managers. Read the press release.

 

Ryan Specialty announced the unification of Ryan Financial Lines and the expansion of its product offerings. The first phase was implemented in March 2024, with EmergIn Risk rebranding to RFL Cyber. Ryan Financial Lines has now completed the rebranding, unifying operations of StartPoint, Ryan Specialty Nordics, Capital Bay and the three professional liability programs from the Ryan Specialty National Programs platform. Read the press release.

 

Congratulations to Ryan Specialty Underwriting Managers Chief Underwriting Officer Kathy Guerville and Ryan Specialty International Finance Director Tania Mouton on both being named Business Insurance Women to Watch 2024 Honorees! Read the article.

 

RT Specialty’s proprietary digital platform, The Connector began its collaboration with Bold Penguin to offer additional policy coverage options for E&S solutions. Read the article.



Pat Ryan, our Founder, Chairman & CEO, and Tim Turner, President of Ryan Specialty and Chairman & CEO of RT Specialty, spoke with AM Best to discuss our recently announced leadership succession plan being implemented in October 2024. Watch the interview.



Ryan Specialty Underwriting Managers President & CEO Miles Wuller joined The Insurer's Program Manager roundtable discussion on the role of MGUs and programs in the current insurance market and how they will continue to serve the industry going forward. Read the article.

 

In addition to serving as the Insurance Insider US 2024 Conference keynote speaker, Pat Ryan spoke with the publication about the importance of specialty lines in today’s climate. Watch the interview.


The 2024 Insurance Insider US Honors shortlist has been released and we are proud to share that we have received four nominations! Congratulations to Dillon Krouner, Michael Pistone, RT Specialty, and WKFC Underwriting Managers on the well-deserved recognition. Read the article.



We shared the new website for Ryan Specialty Benefits! Explore the many offerings from Ryan Specialty's employee benefits solutions and services provider on the new website.

 

Congratulations to everyone in this summer's Ryan Specialty University Foundations Program, who presented their capstone projects in Dallas to members of Ryan Specialty's leadership. All the groups did an excellent job, concluding a successful 6-week training program and launching their careers in specialty insurance!



Thank you to everyone who joined RT Binding Authority at the RT Boston Carrier / Agent Appreciation Event at the Boston Marriott Long Wharf. It was a pleasure spending the evening with you all!



This summer's Ryan Specialty Internship Program came to a close, and several of our interns shared reflections on their experiences. Read their thoughts below!