RSG acquires ARC Specialty Brokerage assets
Ryan Specialty Group (RSG) is acquiring certain assets of ARC Specialty Brokerage (ARC Specialty), the property/casualty (P&C) division of ARC Excess & Surplus.
ARC Specialty’s current professionals including wholesale brokerage professional and specialist in New York construction, Mike Vollaro, will join RT Specialty, the wholesale brokerage unit of RSG.
“The expertise of Mike and his team will complement and strengthen RT’s prominent position in New York and specifically NY construction,” said RT Specialty CEO Tim Turner.
RT Specialty provides wholesale brokerage and other services to agents and brokers. ARC Specialty will continue to operate in the wholesale space along with its managing general agent (MGA) Professionals Risk Facilities.
Get all the latest re/insurance industry news with our daily newsletter - sign up here.
More of today's news
DARAG secures €260m capital for global growth
Hartford CEO seeks acquisitions in commercial, specialty
Higher rates boost Hiscox H1 results
Partner Re Q2 P&C earnings impacted by lower reserve releases
Liberty eyes Nordics expansion with newly created role
Hong Kong reinsurers receive China preferential treatment
California's deadliest current wildfire gets larger
Hyperion makes Swiss Re hire for renewables growth
