Ryan Specialty Appoints Stewart as CEO of New Canadian Division

Ryan Specialty, a prominent international specialty insurance intermediary, has announced the appointment of Stephen Stewart as the chief executive officer of Ryan Specialty Canada Ltd. This newly established entity serves as the Canadian operating and holding organization for Ryan Specialty’s underwriting management businesses across Canada.

In his new role as CEO of the Toronto-based Ryan Specialty Canada, Stewart will also continue to serve as the president and CEO of Stewart Specialty Risk Underwriting, which is a managing general underwriter under the Ryan Specialty umbrella.

The formation of this Canadian holding entity marks the completion of the amalgamation of Ryan Specialty’s Canadian operations. This includes the integration of several managing general underwriters, such as:

• Alive Risk
• Global Special Risks
• PERse (Power. Energy. Risk.)
• Ryan Transactional Risk
• Stewart Specialty Risk Underwriting
• Technical Risk Underwriters
• Trident Marine Managers

As the CEO of Ryan Specialty Canada Ltd., Stewart will spearhead the ongoing growth of the Canadian platform while upholding the underwriting discipline and specialist focus that have characterized both Stewart Specialty Risk Underwriting and Ryan Specialty’s other Canadian units.

Ryan Specialty has indicated that the legal integration process is already in progress. Teams are actively collaborating with new colleagues across various sectors, including underwriting, operations, and support functions, to establish a cohesive Canadian platform.

“Bringing together all of our managing general underwriters under one Canadian entity and proven country specialty insurance leader provides RSUM a single, focused view of the wider Canadian market,” remarked Miles Wuller, CEO of Ryan Specialty Underwriting Managers (RSUM).

Wuller further emphasized, “This consolidation enables each of our MGUs to more seamlessly tap into the broader RSUM platform to better serve our Canadian clients and trading partners.”

Stewart expressed his enthusiasm about the amalgamation, stating, “Completing the amalgamation and establishing Ryan Specialty Canada Ltd. is an important milestone for our business. It formalizes the structure needed to support long-term growth in Canada and positions our teams to better serve brokers and trading partners nationwide.”

Topics
Canada

Ryan Specialty, a prominent international specialty insurance intermediary, has announced the appointment of Stephen Stewart as the chief executive officer of Ryan Specialty Canada Ltd. This newly established entity serves as the Canadian operating and holding organization for Ryan Specialty’s underwriting management businesses across Canada.

In his new role as CEO of the Toronto-based Ryan Specialty Canada, Stewart will also continue to serve as the president and CEO of Stewart Specialty Risk Underwriting, which is a managing general underwriter under the Ryan Specialty umbrella.

The formation of this Canadian holding entity marks the completion of the amalgamation of Ryan Specialty’s Canadian operations. This includes the integration of several managing general underwriters, such as:

• Alive Risk
• Global Special Risks
• PERse (Power. Energy. Risk.)
• Ryan Transactional Risk
• Stewart Specialty Risk Underwriting
• Technical Risk Underwriters
• Trident Marine Managers

As the CEO of Ryan Specialty Canada Ltd., Stewart will spearhead the ongoing growth of the Canadian platform while upholding the underwriting discipline and specialist focus that have characterized both Stewart Specialty Risk Underwriting and Ryan Specialty’s other Canadian units.

Ryan Specialty has indicated that the legal integration process is already in progress. Teams are actively collaborating with new colleagues across various sectors, including underwriting, operations, and support functions, to establish a cohesive Canadian platform.

“Bringing together all of our managing general underwriters under one Canadian entity and proven country specialty insurance leader provides RSUM a single, focused view of the wider Canadian market,” remarked Miles Wuller, CEO of Ryan Specialty Underwriting Managers (RSUM).

Wuller further emphasized, “This consolidation enables each of our MGUs to more seamlessly tap into the broader RSUM platform to better serve our Canadian clients and trading partners.”

Stewart expressed his enthusiasm about the amalgamation, stating, “Completing the amalgamation and establishing Ryan Specialty Canada Ltd. is an important milestone for our business. It formalizes the structure needed to support long-term growth in Canada and positions our teams to better serve brokers and trading partners nationwide.”

Topics
Canada