Ryan Specialty Blog

February 2025 Buzz

Written by Ryan Specialty | Feb 28, 2025 2:56:35 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!

FEBRUARY 2025 BUZZ

Ryan Specialty announced that it has completed the acquisition of Velocity Risk. Based in Nashville, Tennessee, Velocity is a leading managing general underwriter providing first-party insurance coverage for catastrophe exposed properties and will become a part of Ryan Specialty Underwriting Managers. Read the press release here.




Ryan Specialty Underwriting Managers announced the launch of
Celerity Risk, a newly rebranded business unit resulting from its acquisition of Innovisk Capital Partners in November 2024. This strategic union joins CorRisk Solutions, the U.S. wholesale division of Ryan Financial Lines, with Celerity Pro, previously part of Innovisk, forming a substantial offering in the financial professional liability space that will be exclusively accessible through wholesale brokers nationwide. You can read the press release here.




Congratulations to RT Specialty's Krystal Boggs, AU, ASLI, CRIS, Chad Hall, Joe Reynolds, JD, CRIS, Michael Barr and Thurston Davis, Jr on all being named 2025 Top Specialist Wholesale Brokers by Insurance Business America, celebrating their innovation, problem-solving and client service when providing solutions for hard-to-place risks. Read the article here.



Ryan Specialty announced the appointment, effective immediately, of Eric Quinn to President of its specialty underwriting segment, Ryan Specialty Underwriting Managers, to adapt its global scope and scale. Read the press release here




Ryan Specialty announced, effective immediately, the promotion of Dawn D'Onofrio to EVP, Global Chief Underwriting Officer of Ryan Specialty Underwriting Managers (RSUM). Dawn will oversee underwriting governance and assurance while driving technical excellence across the RSUM platform. Read the press release here.




Ryan Specialty announced that Mark Engel has joined its specialty underwriting segment, Ryan Specialty Underwriting Managers. Mark serves as Chief Executive Officer of Marine & Energy for RSUM, where he will oversee the operations, growth strategy and positioning of the marine and energy practice. Read the press release
here




Congratulations to RT Specialty's Thurston Davis
, Jr on receiving WSIA (Wholesale & Specialty Insurance Association)'s 2025 Earle Dillard Award, recognizing his outstanding work as Chair of their Diversity Talent Outreach Committee last year.




RT ECP
presented their 2025 Market Update, an annual recap of the environmental and construction-related professional liability insurance industry with trend predictions for this specialty niche. Check it out here!




Thank you to everyone who joined RT Specialty, RT Binding Authority and RT Connector
at the SecureRisk Annual Meeting and 30th anniversary celebration in Savannah, Georgia!




Ryan Financial Lines Global Facultative Reinsurance Chief Underwriting Officer David Gonzalez had the opportunity to join the "Risks for D&Os in the Face of New Global Sustainability Regulations and SEC and DOJ Investigations in the USA" panel at Kennedys' 360 Day, which kicked off Miami Reinsurance Week.