4 January 2018Insurance

Ryan Specialty Group acquires US wholesale broker K&C

Ryan Specialty Group is to acquire the assets and operations of Kerwick & Curran (K&C), a wholesale insurance brokerage.

Following the transaction, K&C will become part of RSG's wholesale brokerage unit RT Specialty. Ed Berliner, CEO and managing partner, and Joe Davis, president, Kerwick & Curran, will continue overseeing the operation once merged into RT Specialty.

Kerwick & Curran was incorporated in 1975 and was one of the Northeast’s first wholesale brokerage operations focusing on real estate, high hazard manufacturing, industrial, retail and construction risks.

RT Specialty chairman and CEO, Timothy Turner, commented: “K&C is an outstanding wholesale broker that will integrate well into RT Specialty with their high integrity and exceptional level of performance. Their specialty of habitational risks is unsurpassed and will further strengthen and deepen our solid Northeast presence. We have known Ed Berliner and Joe Davis for a long time and are thrilled that they and their team will be joining RT Specialty.”

Berliner said: “We are excited to be joining the exceptional brokerage team of RT Specialty. RT has a robust habitational practice, one in which we at K&C will compliment perfectly. This merger will enable us to fuel our ambitions of growth and widen our reach. We look forward to many years of continued success ahead as a part of RT Specialty.”

Join us at Intelligent Automation in Insurance - London 2018.  Book by Jan 31st and you could save £400.

More of today's news

2017 losses should not stymie search for ILS innovation

PartnerRe reveals P&C and specialty leadership changes

Beazley adds expertise to its new US marine platform

Allstate promotes three as its president departs

Milliman releases new software platform for loss reserving

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
22 February 2018   Ryan Specialty Group (RSG) has reached a definitive agreement to acquire the assets and operations of New Jersey-based specialty intermediary New Day Underwriting Managers.
Insurance
24 January 2018   Ryan Specialty Group has reached a definitive agreement to acquire the assets and operations of the Irwin Siegel Agency (ISA), a New York-based human and social service managing general underwriter.
Insurance
23 January 2018   Ryan Specialty Group (RSG) has promoted Reza Khan to CEO and president of ThinkRisk Underwriting Agency and CorPro Underwriting Managers.