Ryan Specialty to acquire USQRisk.

Ryan Specialty, an insurance firm, agreed to acquire USQRisk, a rovider of alternative risk transfer solutions. Financial terms were not disclosed. “USQ adds tremendous breadth and depth to our growing alternative risk business. USQ is known for their innovation across a wide variety of structured solutions, including liability, property, and auto. USQ’s expansion into facilities has given Ryan Specialty the chance to work directly with USQ though our AXSAL Re partnership, which provides excess coverage for mid-sized trucking fleets. We believe USQ to be among the highest-quality alternative risk specialists in the industry and are very much looking forward to the team joining our firm,” Kieran Dempsey, Ryan Alternative Risk CEO.