Ryan Specialty Group has acquired the assets and operations of Atlantic Star Intermediaries, through its wholesale arm, RT Specialty.
Atlantic Star specializes in the wholesale brokerage placement of insurance in construction and real estate, and handles primary general liability, property, umbrella/excess liability and affiliated classes of business within these disciplines.
Tim Turner, president and chief executive officer at RT Specialty said that the acquisition of Atlantic Star enhances RT’s construction and program capabilities, significantly expanding RT Specialty’s presence in the New York region.
“We look forward to working with Atlantic Star President Frank Corda and his seasoned team of brokers to manage the tough challenges facing clients today with their construction risks,” he said.