Announced
Completed
Synopsis
Ryan Specialty, a service provider of specialty products and solutions for insurance brokers, agents, and carriers, completed the acquisition of Ethos P&C, a provider of insurance carriers programs, from CPP Investments-backed Ascot Group, a global specialty insurance and reinsurance group. Financial terms were not disclosed. “Ethos P&C has established itself as an underwriting manager offering innovation and excellent service in niche specialty lines. Their entrepreneurial spirit and complementary portfolio add depth and breadth to Ryan Specialty. We welcome this team of highly experienced underwriters and look forward to our future together,” Patrick G. Ryan, Ryan Specialty Founder, Chairman & CEO.
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