4 February 2021Insurance

Ryan Specialty hires new president of premium finance arm Stetson

Ryan Specialty Group (RSG) has appointed Anthon Hanes as president of its subsidiary Stetson Insurance Funding, which specialises in financing commercial and personal lines insurance premiums for the excess and surplus lines industry.

Hanes has three decades of experience in the finance industry, most recently serving as managing director of sales & marketing at National Partners PFco, a premium financing company based in Denver, Colorado. Prior to that, he was first chief operating officer for Budget Installment Corp. (BIC) and then EVP, sales & marketing when BIC was acquired by BankDirect Capital Finance in 2009.

In his new role, Hanes will focus on further developing RSG’s premium financing offerings and enhance its capabilities in this area.

Seth Johnson, president of RT Binding, said: “Anthony is a proven leader and finance professional. We are thrilled to have him at the helm of RSG’s premium finance operations to further enhance our client offerings, making our clients’ business more efficient and cost effective. We look forward to working closely with Anthony.”

Hanes commented: “RSG’s client-centered approach is perfectly aligned with my vision for Stetson as the trusted premium finance arm for RSG and our agent and broker clients. My expertise in the field, coupled with long-standing relationships and a uniquely qualified team at Stetson, will accelerate the company’s growth and success. RSG’s strategic direction and expansion will provide Stetson with limitless opportunities to assist our trading partners in achieving their growth objectives.”

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