May 2024 Buzz

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!

MAY 2024 BUZZ
Ryan Specialty announced that it has completed the acquisition of Castel Underwriting Agencies Limited, a managing general underwriting platform. Castel is headquartered in London, England, with additional offices in the Netherlands, Belgium and Singapore. Read the press release.

We proudly shared that RT Specialtyis on Insurance Business America's Fast Brokerages list for the third year in a row, celebrating the fastest-growing insurance brokerages across the United States. View the list.

RT Specialty announced the promotion of Robert Polanskyto President of Field Operations Binding Authority. Rob has been in the insurance industry for 36 years, the last 8 of which have been with RT Binding Authority, where his leadership has been instrumental in establishing RT Binding as one of the preeminent delegated authority platforms. Read the press release.

Ryan Specialty announced the appointment of Derek Pouliotto Chief Reserving Officer of Ryan Specialty Underwriting Managers, where he will be responsible for the valuation of underwriting results for all business written by RSUM, including portfolio analysis, risk modeling, early warning detection and analytical claims data production and insights. Read the press release.

We shared that Ryan Specialty Underwriting Managerswas included on the shortlist for MGA Platform of the Year at The Insurer's Program Manager Awards. View the shortlist.

RT Specialty ProExec President Rachelle Bestspoke with Business Insurance about the state of the D&O insurance market and how it could be affected by emerging D&O risks. Read the article.

Congratulations to RT Specialty CEO & President - National Property Brenda (Ballard) Austenfeld, who was honored at the UJA - Federation of New York's General Insurance Annual Event.

RT Specialty was proud to sponsor and attend the Independent Insurance Agents & Brokers of California Blue Ribbon Conference in Hawaii! Thank you to everyone who was able to join us.

RT Specialty Transportation had a great time supporting the Motor Carrier Insurance Education Foundation (MCIEF) as a platinum sponsor of their 2024 Annual Conference.

Read RT Specialty ProExec's May 2024 Spotlight blog, which focuses on the future of insuring mental healthcare, exploring the rise of telemedicine and alternative treatment methods involving ketamine and psilocybin. Review the Spotlight blog.

Technical Risk UnderwritersManaging Director Chris AyresDIP CII spoke with Insurance Business Canada Magazine about how TRU is helping transform risk management for the Canadian construction industry. Read the article.

Thank you to everyone who joined us for the 2024 RT Binding AuthorityUnderwriting Summit in Kohler, Wisconsin. Here's to another successful year!

Check out RT Specialty Surety'snew blog, which highlights key surety-related news stories from across the industry! Check out the new blog!

Thank you to everyone who joined RT Specialtyand Ryan Specialty Underwriting Managersat Big I New York's Go Big conference!

Thank you to everyone who joined RT Specialty Transportationfor the "Commercial Auto Coverage for Motor Carriers" continuing education class in Salt Lake City!

Ryan Specialtywelcome its largest intern class ever, with forty-five participants joining fourteen of our offices across four different time zones. This eight-week hybrid learning experience introduces college students to the many opportunities available to them throughout the specialty insurance industry.

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