Ryan Specialty completes USQRisk acquisition
By Mia MacGregor
May 2 - (The Insurer) - Ryan Specialty has completed the acquisition of certain assets of alternative risk transfer-focused MGA USQRisk Holdings.
The acquisition, announced in late April, integrates USQ into Ryan Specialty's alternative risk business.
Founded in 2020 by a management team based in New York and London, USQ specialises in underwriting, structuring, pricing and placing specialty insurance for corporate clients seeking bespoke, multiyear risk solutions.
Additionally, its facilities specialty focuses on creating new products for unique risks in highly dislocated markets.
This deal marked the latest in a string of acquisitions that have expanded the Chicago-based wholesale and underwriting company’s footprint in the delegated authority space.
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