Ryan Direct Group (RDG), the insurance services business and a subsidiary of Chicago-based Ryan Specialty Group (RSG), has announced it acquisition of Midas Underwriting was completed on 31 March, 2016.
The transaction was previously announced on 6 January, 2016.
Midas is an independently-owned underwriting agency, specialising in the provision of insurance products to intermediaries.
With Midas having joined RDG, the company now has scale and presence in personal and commercial lines in both Northern Ireland and the Irish Republic. Midas adds significant premium and distribution firepower to RDG’s fast growing home and commercial books, and it will extend the group’s reach into standard and non-standard private car.
Ryan Direct Group, Midas Underwriting, M&A, North America, UK