Announced
Synopsis
Ryan Specialty, a service provider of specialty products and solutions for insurance brokers, agents, and carriers, agreed to acquire US Assure Insurance Services of Florida, a company specializing in builder’s risk insurance. Financial terms were not disclosed. “US Assure is one of our industry’s oldest and highest quality programs, and has developed an outstanding business in a difficult class. Specializing in builder’s risk, US Assure underwrites a diversified portfolio of residential, commercial, and remodeling projects in non-urban locations as well as large metropolitan areas. Ty Petway and his team have consistently produced profitable business on behalf of their carrier trading partner. We look forward to including US Assure in the Ryan Specialty family,” Patrick G. Ryan, Ryan Specialty Founder, Chairman and CEO.
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