Announced

Ryan Specialty to acquire Socius Insurance from Abry Partners.

Synopsis

Ryan Specialty, an international specialty insurance firm, agreed to acquire Socius Insurance, a wholesale insurance broker, from Abry Partners, an investment company. Financial terms were not disclosed. “We are thrilled to have the high-quality Socius team join Ryan Specialty. We have known them for many years and admire their professional approach to the business, technical acumen, and phenomenal execution. We look forward to embracing these talented individuals and providing even more opportunities to them as they become a part of the RT Specialty platform," Tim Turner, Ryan Specialty President.

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