Ryan Specialty
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The executive worked for JP Morgan after various stints in the insurance industry with State Farm and Allstate. -
Inside P&C’s morning summary of the key stories to get you up to speed fast.
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The Ryan Specialty CEO said that loose wordings were contributing to the surging size of claims
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The company also announced it was rebranding Interstate Insurance Management to Ryan Specialty Transportation Underwriting Managers.
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Ryan Specialty president Tim Turner said that the overall flow of submissions into the excess channel “continues to grow at a record pace” with no signs of slowing down.
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The program provides up to $15mn in capacity per account and is underwritten by Ryan Specialty-owned MGU EmergIn Risk.
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Evans has more than 10 years of experience with NSP.
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The company announced three promotions to senior leadership roles, including Eric Quinn and Chris Taggart to senior vice president.
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The executive added that the second quarter saw a larger movement of business into E&S due to the challenging reinsurance renewal cycle for the admitted market.
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The intermediary raised its forecasted range for organic for the full year to 16.5% to 18%.
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Inside P&C’s morning summary of the key stories to get you up to speed fast.
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The broker accelerated organic growth by 4.7 points sequentially to 20.1%.
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