7 April 2015 Insurance

Ryan Specialty launches property MGU

Ryan Specialty Group’s underwriting division, RSG Underwriting Managers (RSGUM), has launched a managing general underwriter (MGU).

Windward Specialty will underwrite a broad range of property risks exclusively through wholesale insurance brokers.

Nathan Warde will lead the MGU as president and chief executive officer (CEO). Previously, Warde has held senior management and underwriting positions in the E&S market for the last 20 years.

Warde said: “After a 30-year career as an underwriter specialising in property coverages, it's an exciting time to be joining RSG. I am looking forward to fulfilling our ambitious plans in the E&S property insurance market.”

Patrick Ryan, chairman, and CEO of Ryan Specialty Group,added: ”I am delighted to welcome Nathan to RSGUM to oversee this important role for our business. We believe there are significant additional opportunities for us in E&S property, and Nathan's experience and market knowledge will be instrumental in driving forward our growth plans for MGU business produced by wholesale insurance brokers.”

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