30 July 2018Insurance

RSG acquires ARC Specialty Brokerage assets

Ryan Specialty Group (RSG) is acquiring certain assets of ARC Specialty Brokerage (ARC Specialty), the property/casualty (P&C) division of ARC Excess & Surplus.

ARC Specialty’s current professionals including wholesale brokerage professional and specialist in New York construction, Mike Vollaro, will join RT Specialty, the wholesale brokerage unit of RSG.

“The expertise of Mike and his team will complement and strengthen RT’s prominent position in New York and specifically NY construction,” said RT Specialty CEO Tim Turner.

RT Specialty provides wholesale brokerage and other services to agents and brokers. ARC Specialty will continue to operate in the wholesale space along with its managing general agent (MGA) Professionals Risk Facilities.

Get all the latest re/insurance industry news with our daily newsletter -  sign up here.

More of today's news

DARAG secures €260m capital for global growth

Hartford CEO seeks acquisitions in commercial, specialty

Higher rates boost Hiscox H1 results

Partner Re Q2 P&C earnings impacted by lower reserve releases

Liberty eyes Nordics expansion with newly created role

Hong Kong reinsurers receive China preferential treatment

California's deadliest current wildfire gets larger

Hyperion makes Swiss Re hire for renewables growth

Starr hires head of international accident & health

Don't miss our insurtech email newsletter - sign up today

Already registered?

Login to your account

To request a FREE 2-week trial subscription, please signup.
NOTE - this can take up to 48hrs to be approved.

Two Weeks Free Trial

For multi-user price options, or to check if your company has an existing subscription that we can add you to for FREE, please email Elliot Field at efield@newtonmedia.co.uk or Adrian Tapping at atapping@newtonmedia.co.uk


More on this story

Insurance
10 July 2018   RT Specialty, a wholesale brokerage unit of Ryan Specialty Group, has hired industry veteran Jonathan Legge as a senior vice president of its RT ProExec division.