mileswuller
17 September 2021Insurance

New CEO takes helm at RSG Underwriting after 'unexpected' departure

Insurer  Ryan Specialty Group (RSG) has appointed a new chief executive officer (CEO) of its specialty underwriting business  RSG Underwriting Managers, after  Tom Clark decided to leave the company "unexpectedly" after eight months in his role.

Miles Wuller (pictured) will assume the role of CEO of RSGUM at the end of September. He will also continue in his role as president of the underwriting unit.

Wuller has been with Ryan Specialty since the beginning, joining the company in 2010, having served in various roles before being promoted to president of RSGUM earlier this year.

“With Tom Clark’s unfortunate and unexpected decision to reluctantly retire as CEO of RSG Underwriting

Managers due to personal reasons, Miles is the obvious and natural successor to assume that post,” remarked Patrick Ryan, Founder, Chairman and CEO of Ryan Specialty Group. “Miles is a proven and strategic leader, and we look forward to the growth of our managing underwriters specialty under his continued direction and guidance.”

Nick Cortezi, Chairman of RSG Underwriting Managers, stated: “Miles' promotion to CEO is well deserved and reflective of the essential role that he has played in developing and leading RSG Underwriting Managers. His deep expertise in the underwriting management field will serve our trading partners and underwriting and service teams well. I look forward to supporting Miles as he continues to develop breadth and depth in our underwriting platforms.”

Commenting on his expanded role, Wuller said: “This appointment is a very proud milestone in my career with Ryan Specialty. I appreciate Pat’s and Nick’s confidence, and the support and dedication of all my colleagues. It has been a tremendous eleven years, and I am even more excited about the future chapters as we continue to build Ryan Specialty’s international managing underwriting and programs practice.”

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13 December 2021   The deal will facilitate access to alternative risk capital.
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8 September 2021   The company says he is leaving Ryan Specialty due to a 'private personal matter'.
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18 August 2021   The new hire also previously held leadership roles at Marsh and was a management consultant at Accenture.