Ryan Specialty Blog

October 2024 Buzz

Written by Ryan Specialty | Oct 29, 2024 7:21:39 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!

OCTOBER 2024 BUZZ

We shared that Ryan Specialty has been named one of America's Most Loved Workplaces by Newsweek for the fourth year in a row! Thank you so much to everyone on our team for making Ryan Specialty such a great place to work. Read the press release.

 

Ryan Specialty is in final discussions to acquire Innovisk Capital Partners, which consists of a diverse portfolio of seven highly regarded specialty MGUs. Innovisk would become a part of Ryan Specialty Underwriting Managers. Read the press release.

 

Ryan Specialty announced that it has completed the acquisition of certain assets of managing general agent Geo Underwriting Europe BV, part of The Ardonagh Group. Geo Europe is based in Rotterdam, Netherlands, with operations in Germany, and will join Ryan Financial Lines. Read the press release.

 

Ryan Specialty announced that it has completed the acquisition of certain assets of EverSports & Entertainment Insurance, Inc. from Everest Group, Ltd. EverSports is a managing general underwriter focused on sports, leisure and entertainment risks based in Carmel, Indiana, and will join Ryan Specialty Underwriting Managers' Alive Risk. Read the press release.




Listen to Ryan Specialty CEO & RT Specialty Chairman Tim Turner speak with Mark Geoghegan of The Voice of Insurance podcast about newly emerging trends in the industry and the flow of submissions into the E&S market. Listen to the podcast.

 

We shared that PERse (Power.Energy.Risk)'s risk engineering team has been named the Climate and Sustainability Team of the Year by InsuranceERM for their innovative work in renewable energy. Read the article.




Ryan Specialty announced leadership appointments within Ryan Specialty Underwriting Managers.
Eric Quinn is promoted to Executive Vice President, Capital and Product Strategy, Brian Lillis is promoted to Executive Vice President, Finance & Corporate Development, and Thom Cranley joins RSUM as Chief Operating Officer. Read the press release.





Ryan Specialty announced the appointments of Lana Jankovic to Senior Vice President, Chief Audit and Risk Officer, Michael Schulz to Senior Vice President, Controller and Michael Benvenuto to Senior Vice President, Chief Procurement Officer. Read the press release.

 


Congratulations to Ryan Specialty CEO and RT Specialty Chairman Tim Turner on being honored by the Katie School of Insurance and Risk Management as the 2024 Katie School Hall of Fame Laureate at their Innovation & Leadership Awards, recognizing him as an exemplary and inspiring leader for the next generation of insurance professionals.

 

Ryan Specialty announced new leadership hires within its international specialty underwriting segment, Ryan Specialty Underwriting Managers International. Benjamin Purkiss has joined as Head of Business Development, Graeme Rayner as Chief Underwriting Officer and Vicky Lefevre as Senior Vice President, Head of HR International. Read the press release.

 

PERse (Power.Energy.Risk) added Tayler Marshall, CPCU as Vice President - Casualty, Adam Bitar as Underwriter and Will Gallagher as Associate Underwriter from Ryan Specialty's recent acquisition of Ethos Specialty Insurance’s P&C managing general underwriters. Read the press release.



RT Specialty San Diego President
Joshua J. Parrish spoke with Insurance Business America about how the insurance market will react to emerging cyber risks in 2025. Read the article.




We shared that RT Binding Authority's Mamadou Bah was named Young Agent of the Year by the Massachusetts Association of Insurance Agents (MAIA) last month. Congratulations, Mamadou!


 

Ryan Specialty Director of Business Continuity Barry Morgeson CBCP, CMCP spoke about how to build a successful business continuity plan on The Employee Safety Podcast from AlertMedia. Check out the podcast.


 

RT Specialty was a proud Magic Sponsor of the Make-A-Wish Greater Los Angeles Wish Gala again this year! The masquerade-themed event at the Fairmont Century Plaza this past weekend raised funds to grant the wishes of children with critical illnesses.




Ryan Specialty Underwriting Managers Senior Product Manager Ilana Kleynerman participated in Boston Women in FinTech & FinServices' "Navigating the Digital Transformation in Expert Mode" panel at Babson Boston.

 

The Sigma Chapter of Gamma Iota Sigma welcomed RT Specialty Executive Vice President & Branch Manager, Mike Tracy, for the 4th installment of the Fall 2024 H. Wayne Snider Distinguished Guest Lecturer Series! Mike described how excess and surplus lines work in insurance, explained how RT Specialty functions as a wholesale distributor of specialty insurance products, and gave students a variety of career advice. 




Alive Risk Director of Amusement Programs, Rodney Gerbers. broke down the amusement industry’s risks and essential coverages, as part the Academy of Insurance, an Insurance Journal company's "How to Write" series.


 

RT Specialty Transportation had a great time sponsoring and attending last week's Motor Carrier Insurance Education Foundation (MCIEF) 2024 Western Conference in Phoenix, Arizona. Thank you so much to everyone who met with us!




Thank you to everyone who joined RT Binding Authority, Ryan Specialty Underwriting Managers and Ryan Specialty National Programs at IIAG - Independent Insurance Agents of Georgia's Connect Fall Expo 2024!


 

Ryan Specialty Underwriting Managers and RT Specialty attended the Insurors of Tennessee's Insurefest 2024. Thank you so much to everyone who came out and joined us!



RT Specialty ProExec released a new edition of The Scoop, their collection of notable professional and executive liability stories from around the industry covering D&O, EPL, cyber, AI and more! Check out The Scoop here.