Ryan Specialty closes M&A in wholesale broking & medical stop-loss
International specialty insurance firm Ryan Specialty completed a series of acquisitions, including two in the medical stop-loss insurance space and a key wholesale insurance brokerage.
Ryan completed a deal for Socius Insurance Services, a national wholesale insurance broker focused on complex lines including management, professional and cyber liability, as well as property and casualty insurance. Socius, with talent focal points in key hubs such as San Francisco, Miami, and Tampa, will become a part of RT Specialty, Ryan Specialty’s wholesale distribution specialty.
Ryan is also bringing in certain assets from two medical stop-loss insurance MGAs, ACE Benefit Partners of Idaho and Point6 Healthcare of Texas.
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