# Ryan Specialty

> Ryan Specialty is a Chicago-based specialty insurance intermediary that helps retail brokers place complex or hard-to-insure risks and helps carriers reach those risks efficiently. Its platform combines RT Specialty wholesale brokerage, RT Binding Authority, and Ryan Specialty Underwriting Managers, spanning property, casualty, professional lines, transportation, workers' compensation, benefits, reinsurance, and alternative risk. The company generally earns commissions and fees for distribution, underwriting, administration, and risk-management services rather than retaining the underlying insurance risk.

- **Founded:** 2010
- **Headquarters:** Chicago, United States
- **Founders:** Patrick G. Ryan (Founder and Executive Chairman)
- **Team size:** 6,110 full-time employees as of December 31, 2025
- **Products:** RT Specialty Wholesale Brokerage, RT Binding Authority, Ryan Specialty Underwriting Managers, National Specialty Programs, Alternative Risk Solutions
- **Notable:** Became a public company on the New York Stock Exchange under the ticker RYAN in July 2021., Reported $3.051 billion of total revenue in 2025, up 21.3% from 2024., Recorded a seventh consecutive year of at least 20% total revenue growth in 2025.

## Products & services

- **RT Specialty Wholesale Brokerage** — Places complex and hard-to-place specialty property, casualty, professional lines, transportation, workers' compensation, and other risks for retail brokers and agents.
- **RT Binding Authority** — Evaluates, quotes, binds, and issues admitted and non-admitted policies for smaller and mid-sized risks under authority delegated by insurance carriers.
- **Ryan Specialty Underwriting Managers** — A portfolio of specialized managing general underwriters and programs that design products, underwrite risks, administer policies, and manage claims or related services on behalf of carriers.
- **National Specialty Programs** — Industry-specific package programs for niches including self-storage, staffing, pest control, fire protection, auto dealerships, real-estate investors, and government contractors.
- **Alternative Risk Solutions** — Captive consulting, underwriting, formation and management, capital-markets activity, and other structures for commercial insureds seeking alternatives to conventional insurance.
- **Ryan Specialty Benefits** — Specialty employee-benefits distribution and solutions for brokers and carrier partners.
- **Stetson Insurance Funding** — Premium-finance solutions that help commercial clients spread insurance premium payments over time.

## Achievements

- Became a public company on the New York Stock Exchange under the ticker RYAN in July 2021.
- Reported $3.051 billion of total revenue in 2025, up 21.3% from 2024.
- Recorded a seventh consecutive year of at least 20% total revenue growth in 2025.
- Reached more than 35,000 retail brokerage firms and more than 350 insurance carriers as reported in its 2025 annual report.
- Built an underwriting-management portfolio of more than 300 individual products.
- Reported $916.6 million of second-quarter 2026 revenue and 6.7% organic revenue growth.
- Returned approximately $284.5 million to shareholders through repurchases, dividends, and distributions in the second quarter of 2026.

## Latest updates

- **2026-07** — Reported second-quarter revenue of $916.6 million, up 7.2% year over year, with 6.7% organic growth; underwriting management grew fastest among the three specialties at 12.8%.
- **2026-07** — Ryan Specialty Underwriting Managers appointed Kristin Daur president of Ryan Specialty Renewables.
- **2026-06** — RT Specialty announced a planned leadership succession, with Edward McCormack set to succeed Timothy Turner as chairman of RT Specialty on January 1, 2027.
- **2026-05** — The company increased its share-repurchase authorization by $300 million.
- **2025-12** — Completed the acquisition of Canadian managing general underwriter Stewart Specialty Risk Underwriting.
- **2025-02** — Completed the acquisition of Velocity Risk Underwriters, adding catastrophe-exposed property expertise to underwriting management.

## Links

- Website: https://ryanspecialty.com
- LinkedIn: https://www.linkedin.com/company/ryan-specialty/
- Twitter/X: https://twitter.com/Ryan_Specialty
- YouTube: https://www.youtube.com/channel/UCew824sPCrKcGoeGBbwFF4A
- Facebook: https://www.facebook.com/RyanSpecialtyGroup

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Profile page: https://yespress.io/ryan-specialty
Published by YesPress — https://yespress.io
Last updated: 2026-08-12