Ryan secures "direct access to Lloyd's" with acquisition
Illinois-based Ryan Specialty Group has secured a place in Lloyd's after confirming it has entered an agreement with Jubilee Group to acquire 100% of its share capital.
Johnny Rowell, managing director of Ryan Specialty Group, responsible for Europe, said: “The Jubilee team has a strong track record of delivering results over a number of underwriting cycles. We look forward to Jubilee’s addition to the RSG family of companies and also to its role as a significant contributor in our effort to introduce and support new products and programmes in the London and European markets in a meaningful way.”
Patrick Ryan, chairman, and chief executive, added, “Jubilee is a strategically important acquisition for RSG. It provides us with direct access to the Lloyd’s market and represents a key cornerstone of our strategy to provide specialty expertise and commitment to insurance underwriters, brokers and agents across a single, unique platform.”
Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
To access these options, along with all other subscription benefits, please contact info@postonline.co.uk or view our subscription options here: http://subscriptions.postonline.co.uk/subscribe
You are currently unable to print this content. Please contact info@postonline.co.uk to find out more.
You are currently unable to copy this content. Please contact info@postonline.co.uk to find out more.
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Printing this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email info@postonline.co.uk
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Copying this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email info@postonline.co.uk
More on Lloyd’s/London
Big Interview: Ola Jacob, Descartes Underwriting and Biba
Six months into his tenure at Descartes Underwriting, and not long after being announced as the new chair for Biba’s South East and London committee, Ola Jacob sits down with Scott McGee to talk about the potential of parametric insurance, and what his role at Biba entails.
Big Interview: Jason Storah, Aviva
In his first full profile interview since taking over as UK and Ireland General Insurance CEO at Aviva, Jason Storah sits down with Scott McGee to talk about the insurer's re-entry into Lloyd's, where else Aviva could yet expand, and the differences between the UK and Canadian insurance markets.
Construction adjuster builds out with London team
Specialist Lines, a niche construction and engineering loss adjusting firm headquartered in Bury, has launched a new London Market and International division with the recruitment of a team from Global Risk Solutions International.
Lloyd’s appoints Miller as US-based chief commercial officer
Lloyd’s has appointed its commercial director Dawn Miller as chief commercial officer and CEO of Lloyd’s Americas, effective 1 September, in a move that will see her relocate to New York later this year.
Aviva plans to ‘double’ Lloyd's business in the next few years
Aviva’s CEO of UK&I general insurance Jason Storah has said the insurer hopes to double its GCS business along with Probitas over the next few years.
Rokstone’s D&O head says there is less ‘moronic’ underwriting
Directors’ and officers’ insurance rates are set to flatten in the next 12 months, according to Jimmy Heaton, head of D&O for UK & Europe at Rokstone, who added there is now less moronic underwriting going on in the market than there was at the end of 2023.
Lloyd’s DEI role model Sheila Cameron
Last year, Lloyd’s commissioned Franklyn Rodgers to create six portraits of diverse role models. We complete our series of spotlighting them all by speaking to Sheila Cameron, the CEO of the Lloyd’s Market Association
Cila boss’s son gets approval for ‘challenger broker’
Chris Bissell, son of Chartered Institute of Loss Adjusters’ executive director John Bissell, has received Financial Conduct Authority approval for his broker firm Bissell & Partners.
Most read
- RSA ‘pragmatic’ on product review as NIG acquisition completes
- Direct Line Group confirms Milliner amid raft of leadership hires
- Wakam looking to exploit ‘unlimited UK potential’ following regulator approval